{"id":10946,"date":"2011-02-08T07:04:24","date_gmt":"2011-02-08T12:04:24","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=10946"},"modified":"2011-02-08T07:04:24","modified_gmt":"2011-02-08T12:04:24","slug":"f1-rights-sale-saga-worsens-for-ecclestone","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/f1-rights-sale-saga-worsens-for-ecclestone\/","title":{"rendered":"F1 rights sale saga worsens for Ecclestone"},"content":{"rendered":"<p>Bernie Ecclestone is the subject of ever-worsening claims about the sale of F1&#8217;s commercial rights five years ago.<\/p>\n<p>It has already been alleged that it was the sport&#8217;s chief executive and long-time &#8216;supremo&#8217; who paid German banker Gerhard Gribkowsky a mysterious $50 million kickback.<\/p>\n<p>And the latest explosive details have been published by the German weekly Der Spiegel.<\/p>\n<p>The report said F1&#8217;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.<\/p>\n<p>But BayernLB reportedly only received $770 million.<\/p>\n<p>Der Spiegel alleges that $40 million was received directly by Ecclestone, with the other $27m flowing to his family trust Bambino.<\/p>\n<p><span style=\"color: #888888;\"><em>\u00a9 RIF | GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bernie Ecclestone is the subject of ever-worsening claims about the sale of F1&#8217;s commercial rights five years ago. It has already been alleged that it was the sport&#8217;s chief executive and long-time &#8216;supremo&#8217; who paid German banker Gerhard Gribkowsky a mysterious $50 million kickback. And the latest explosive details have been published by the German &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[59,5262,5340,2638],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/10946"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=10946"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/10946\/revisions"}],"predecessor-version":[{"id":10947,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/10946\/revisions\/10947"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=10946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=10946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=10946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}