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Ecclestone tipping point: If you type ‘Ecclestone’ into the search bar you’ll see all the articles thejudge13 has been producing following the Ecclestone story. I have maintained all along something has changed this time, a tipping point has arrived and Ecclestone is losing his grip on F1.
He admits in the Sunday Telegraph today that should he be charged by the German prosecutors, CVC will want to replace him. CVC have been incredibly loyal to Bernie, mostly due to his manipulation of the Bayern Bank into selling the F1 rights to CVC instead of Bluewaters.
We now know this meant CVC promised to retain Mr. E as the CEO of FOM, and Bluewaters made it clear they would offer no such guarantee. Hence the 44m euro bribe to the German bank’s CEO to ensure the sale went the way of CVC.
