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Jul
20th

F1: No sign of Bernie Ecclestone yet as prosecutors race on

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From GMM

Formula 1 supremo Bernie Ecclestone has not been seen at Hockenheim so far, raising suggestions he is afraid of arrest.

German newspapers - including FT Deutschland, Suddeutsche Zeitung and Munchner Merkur - say corrupt former F1 banker Gerhard Gribkowsky has this week spent no fewer than eight hours in conversation with Munich prosecutors.

The subject? A possible indictment against F1's chief executive.

Ecclestone, however, insists he is not staying away from Germany this weekend for fear of ending the day in custody, also charged with corruption.

"I am going. I will be there on Saturday," the Briton is quoted by the Hamburger Abendblatt.

But is he afraid of arrest?

"I have nothing to do with the case," Ecclestone insisted.

Concorde Agreement
Ecclestone did not say much about the issue of the Concorde Agreement and Mercedes.

Reports, essentially confirmed by Mercedes' Norbert Haug, indicated that Mercedes is in fact yet to sign on the dotted line.

"I am sure Mercedes will soon issue a press release on the subject," Ecclestone told DAPD news agency when asked about Mercedes' apparent agreement.

"I will speak with them at Hockenheim," he then added. "Hopefully there'll be a final decision there."

Nurburgring
About the deep financial problems of the famous Nurburging race track Haug says he is confident the circuit can overcome its problems.

"I don't think the lights are going out," he is quoted by Die Welt newspaper.

"I am sure that solutions will be found," said German Haug.


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