Formula 1

F1 owners CVC are prepared to 'fire' Ecclestone

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Bernie Ecclestone will be fired if found guilty in his corruption trial, that is the claim of the co-founder of CVC David MacKenzie.

MacKenzie was in the dock on Monday at the London trial of 83-year-old Ecclestone who is being sued for $170m by German media group Constantin over alleged bribes paid to jailed banker Gerhard Gribkowsky in 2005.

“If it is proven that Mr Ecclestone has done anything that is criminally wrong,” he said, “we would fire him.”

MacKenzie continued telling the court Ecclestone claimed he “forgot” to mention the payment of $40m to Gribkowsky but had since apologised.

“He (Ecclestone) told me he had never lied to me and I must say that I had trouble believing you could forget payment of $40 million,” he added.

The pair do have previous as MacKenzie claimed Ecclestone should have stepped down back in 2009 after admitting in an interview he admired Adolf Hitler.

But continuing his address to the court, MacKenzie said: ”It (F1) is a successful investment (for CVC) apart from the adverse publicity, and this (Gribkowsky scandal) is a good example.”

Ecclestone, however, told British television Sky that the case is not damaging the sport’s reputation.

“I don’t think so,” he said. “It’s good because a lot of facts come out of it.”

Following the London trial Ecclestone also faces prosecution from Germany and Switzerland.

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This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

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