Ecclestone steps down from F1 board
Posted by Undercover 999 on Thursday, 16 January 2014
Bernie Ecclestone has stepped down from the board of the company which runs Formula 1 following his indictment on bribery charges in Germany. But the 83-year-old will continue to run the business on a day-to-day basis, Delta Topco said in a statement. Ecclestone will go on trial to face allegations he bribed a German banker who is serving a jail sentence for receiving the payment. He admits paying Gerhard Gribkowsky, but denies bribery.
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