Ecclestone denies allegations that he paid $44 million (£28 million) in bribes
to Gribkowksy to ensure the sale of the sport to CVC. He claims he was
blackmailed by the banker who was threatening to make problems for him with
the UK tax authorities.
The allegations have cast a shadow over Formula
One at a crucial time, with CVC hoping to float the sport on the
Singapore stock exchange and Ecclestone broking a new commercial deal
between the teams, the governing body and the commercial rights holder which
will last until 2020.