From GMM
German prosecutors have charged
Bernie Ecclestone with bribery, the Suddeutsche Zeitung newspaper reports in its Wednesday edition.
Earlier, the newspaper said the officials had completed their long investigation into the F1 chief executive's role in the Gerhard Gribkowsky corruption affair.
"Munich has filed charges against Bernie Ecclestone," Wednesday's article reads, adding that one of the charges is the "serious" offense of bribing a public official.
The case will surround the 82-year-old's confirmed payment of $44 million to jailed former F1 banker Gribkowsky, surrounding the sale of the sport to CVC some years ago.
"The bribery allegations could cost Ecclestone his job as formula one boss," said the
Suddeutsche Zeitung, adding that the district court will now decide whether or not it hears the case.
If it does, a trial is tipped to take place this year.
Briton Ecclestone claims Gerhard Gribkowsky blackmailed him.
From GMM
Lotus team owner Gerard Lopez has played down the impact of
technical director James Allison's departure.
So highly rated had Briton Allison become within the F1 paddock, that many insiders believe the 45-year-old would be able to take his pick in terms of choosing his next team.
Lotus has promoted from within - Nick Chester - to replace Allison, so it is feared that Enstone will now struggle to produce as good a car with a budget smaller than F1's 'big four' Red Bull, Ferrari, McLaren and Mercedes.
 |
| James Allison. (Photo: Lotus F1 Team) |
Lopez told Finland's
Turun Sanomat: "We have known for some time that Allison is leaving, so I don't think it's relevant to our performance.
"James is a great guy, an important guy, but that was more from a coordination point of view," he is also quoted by
Sporting Life.
"When Bob Bell left (for Mercedes), there was panic outside of Enstone, but not with us, and this is the same thing. It's not going to affect us," He added. "Enstone has amazing talent."
Americans, in a worrisome sign for automakers, continue to drive less, with more and more younger people choosing to forgo a driver's license altogether, a major new study released Tuesday found.
Arnold Baer Shuman, a product spokesman for Mercedes-Benz of North America for more than two decades, died suddenly Friday at his home in New Jersey. He was 72.
Industry-wide used-vehicle sales dropped 6 percent in the first quarter of 2013 compared to the same quarter last year, according to Edmunds.com's new Used Market Quarterly Report.
Cars that "talk" to each other to avoid crashes or traffic jams, like those being tested here, will save lives but the cost of the systems will determine consumers' acceptance of such technology, the transportation secretary said today.
Ally Financial moved closer to repaying its government bailout as the auto lender reached agreement with creditors of its bankrupt mortgage unit.
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Echoing a similar model-sharing deal with the Renault-Nissan alliance in Europe, General Motors is to rebadge Nissan's NV200 van to sell in the US and Canada as the Chevrolet City Express.
Honda said today it will invest $70 million to convert a former seat plant here to assemble the next-generation Acura NSX.
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