F1 owners could oust Ecclestone over bribery charge – reports

Mon, 26 November 2012, 07:35

Nov.26 (GMM) Bernie Ecclestone’s days at the helm of formula one could be numbered, reports by Germany’s Suddeutsche newspaper and the SID news agency claim.

“Formula one could soon have a new ruler,” said the SID wire report.

The Suddeutsche Zeitung said there are “detailed preparations” being made to potentially replace the 82-year-old Briton, if Munich prosecutors decide to charge him with corruption over the Gerhard Gribkowsky bribery scandal.

The report said Delta Topco, the Formula One Group’s majority CVC-owned holding company, is considering stepping Ecclestone down and replacing him with an interim chief executive if “as expected” he is charged in the coming weeks.

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