Ecclestone aware charges could end reign
Bernie Ecclestone admits he is likely to be replaced as Formula One chief executive if he is charged over the Gerhard Gribkowsky bribery case.
Former BayernLB banker Gribkowsky was jailed for eight and a half years in June after being convicted of breach of trust, tax evasion and bribery for the £28 million received from Ecclestone during the sale of Formula One in 2005. In the closing remarks Ecclestone was described as "the accomplice", and while he has yet to face any charges he is still being investigated.
Ecclestone admits that he could be forced out of Formula One, telling the Sunday Telegraph that CVC "will probably be forced to get rid of me if the Germans come after me. It's pretty obvious, if I'm locked up".
His admission comes just a week after Ferrari president Luca di Montezemolo called for Ecclestone's time at the head of the sport to come to an end.
"If Bernie is accused under process, I think he will be the first to give a step back in the interests of Formula One," Montezemolo said.