AUTO WORLD’S VERSION OF PDAF?

Bernie Ecclestone’s long reign at the top of Formula One could end over an alleged multi-million ‘bribe’ paid to jailed German banker Gerhard Gribkowsky. As the circumstances surrounding that payment are probed this week in London’s high court, it emerged that more payments – which might also be described as ‘bribes’ – were paid by Ecclestone to well-known team bosses some years ago. The court heard on Thursday that Eddie Jordan, now a BBC pundit, quadruple world champion Alain Prost, and the late Arrows boss Tom Walkinshaw – all former F1 team owners – were each paid $10 million to sign the 1998 Concorde Agreement. The money was reportedly paid straight from Ecclestone’s Bambino family trust into the bosses’ personal bank accounts, not to their respective F1 teams.

 

Source: World Car Fans

 

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