German prosecutors set to charge Ecclestone
24 November, 2012
Nov.24 (GMM) Formula One supremo Bernie Ecclestone has warned that his demise and exit from the sport could have serious repercussions for F1, as Switzerland’s Blick reports that German prosecutors could announce their intention to charge the F1 chief executive with bribery as early as next week.
And the Suddeutsche Zeitung newspaper said that British tax authorities are also closing in on the diminutive Briton.
It has been suggested the corruption scandal could cost Ecclestone – who although 82 years old is still apparently fit and healthy – his job at the helm of the sport.
But Ecclestone told business journalist Christian Sylt his departure could have serious consequences for F1.
“One day, I’m not going to be there and one of the biggest problems is I’ve got really, really good relationships with the race promoters,” he is quoted by the Independent.
“A few of them said to me, ‘if you’re not there, we’re not there’. That’s what the danger is,” said Ecclestone.
Subbed by AJN.