Bernie Ecclestone is the subject of ever-worsening claims about the sale of F1’s commercial rights five years ago.
It has already been alleged that it was the sport’s chief executive and long-time ‘supremo’ who paid German banker Gerhard Gribkowsky a mysterious $50 million kickback.
And the latest explosive details have been published by the German weekly Der Spiegel.
The report said F1’s current owner CVC Capital Partners paid $837 million for the share of the rights that at the time was controlled by the Munich bank BayernLB.
But BayernLB reportedly only received $770 million.
Der Spiegel alleges that $40 million was received directly by Ecclestone, with the other $27m flowing to his family trust Bambino.
© RIF | GMM