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

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