F1 Boss Admits He Paid $44 Million Bribe To Make Financial Problems Go Away

Formula 1 supremo Bernie Ecclestone has admitted for the first time that he did pay money to banker Gerhard Gribkowsky - but says he only did so because he was 'threatened' over other financial matters.

Gribkowsky was charged this week for having allegedly accepted a $44 million bribe in relation to the sale of F1 by the Bayerische Landesbank.

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CarCrazedinCali - 7/22/2011 1:00:55 PM

+2 Boost

throw him in jail for good

tango - 7/24/2011 1:34:50 PM

+2 Boost

I cannot wait until either the police or the Grim Reaper takes this moron away. He has destroyed Formula 1, caused the death of at least two drivers, and has seen to the demise of several teams. Enough of him already. Arrogant little pip-squeak.