Showing posts with label Bernie Ecclestone. Show all posts
Showing posts with label Bernie Ecclestone. Show all posts

09 October 2015

Formula 1: Red Bull Hods Engine Crisis Talk With Bernie Ecclestone

Red Bull are in talks with Formula 1 boss Bernie Ecclestone to try to solve a deepening engine supply crisis that could lead them to quit the sport.

The team are finalising a split from engine partner Renault but have been unable to secure a replacement on terms that satisfy them.

Mercedes have refused to supply them and Ferrari will not sell them their definitive 2016 engines next year.

17 January 2014

FORMULA ONE: Bernie Ecclestone steps down from F1 board pending bribery trial

Bernie Ecclestone has stepped down from the board of the company which runs Formula 1 following his indictment on bribery charges in Germany. But the 83-year-old will continue to run the business on a day-to-day basis, Delta Topco said in a statement.

Ecclestone will go on trial to face allegations he bribed a German banker who is serving a jail sentence for receiving the payment. He admits paying Gerhard Gribkowsky, but denies bribery.

His stepping down means he can no longer approve and sign significant contracts.