F1 boss Ecclestone charged in bribery case

Formula One boss Bernie Ecclestone has been charged by German prosecutors with paying a $44 million bribe, placing his future as head of the motor sport series in doubt.

The 82-year-old British billionaire has been under investigation since a German banker was convicted of taking the payment from him in connection with the sale of a stake in F1.

The Munich state court said Ecclestone has until mid-August to respond to charges of bribery and incitement to breach of trust in connection with Gerhard Gribkowsky’s management of the bankBayernLB’s 47 percent stake in F1.

Ecclestone, the longtime commercial head of F1, acknowledged during Gribkowsky’s trial in 2011 that he made the payment five years earlier but said he was pressured to do so.

Ecclestone’s indictment was dated on May 10 and has since been translated into English and delivered to Ecclestone and his lawyers, the court said.

”The lawyers have accepted an indictment,” Ecclestone told The Associated Press. ”It means they have to reply to the indictment, which they are strenuously doing.”

Ecclestone, who Forbes magazine reports is worth $3.8 billion, said he is yet to read the indictment.

”They are alleging I bribed someone,” Ecclestone said, while insisting he did ”nothing illegal.”

Sentences in Germany for bribery range from three months to 10 years in prison.

CVC Capital Partners, the investment group that has owned F1’s commercial rights since 2006, issued no direct comment Wednesday about the future of Ecclestone.

”Mr. Ecclestone has six weeks to provide a response to this bill of indictment prior to a decision being made by the court on opening proceedings,” the board of Formula One Group said in a statement. ”The board will continue to monitor developments in this situation accordingly.”

Ecclestone was retained as chief executive of F1 by CVC after it took control of the sport following the takeover that sparked the bribery case.

Gribkowsky was in charge of selling BayernLB’s stake in F1 to CVC.

In addition to taking the money from Ecclestone, Gribkowsky used BayernLB’s funds to pay the F1 chief a commission of $41.4 million and agreed to pay a further $25 million to Bambino Trust, a company with which Ecclestone was affiliated, prosecutors said during the trial in 2011.

Ecclestone told the court he deserved a commission for the sale, saying ”I did a very, very good job.”

On Wednesday, he told the AP: ”They wanted money. I was shaken down by the guys. It’s happened in life before.”

Gribkowsky, who has largely admitted the charges, was sentenced to 8 1/2 years in prison after being found guilty last year of corruption, tax evasion and breach of trust.

Ecclestone’s German lawyers, Sven Thomas and Norbert Scharf, said they will soon submit a ”comprehensive response” to the court – and the central issue in that response will be ”the varying ‘confessions’ of Mr. Gribkowsky.”

Ecclestone was savvy in building his power base in F1 from the 1970s and helped to create the Formula One Constructors’ Association that controlled the business side of the sport, including selling the TV rights.

The British-based company later became known as Formula One Management. It has fought regular tussles with the teams over finances, but has retained control of the global motor racing series.

CVC, having amassed a 63 percent stake of F1, has reduced its holding as other investors have come on board in recent years, although a planned flotation has stalled.

Ecclestone’s holding has been diluted to about 5 percent.

Geir Mouslon in Munich contributed to this report.

5 Great viewfinder, Rifat Sungkar Test Early

Bidik 5 Besar, Rifat Sungkar Tes Lebih Awal

Rifat Sungkar with Fastron World Rally Team, has been in the U.S. for 5 to follow the Rally America series, the New England Forest Rally (NEFR), which will be held on 26-27 July 2013.
With a target capable of reaching top 5, Rifat doing testing on Sunday morning local time yesterday, to get the car settings to suit the character trajectory to be traversed.
Rifat along with the mechanics of the Libra Racing team, conduct testing for approximately 4 hours in “Team O’Neil Rally School” in the city of Dolton, about 2 hours drive from home base while Fastron World Rally Team in Burlington, the state of Vermont.
This testing is necessary because of the character of the track in NEFR itself is very High Speed. In 2012 January, the average speed in NEFR is about 110 km / hour. At the time of testing, Rifat Sungkar doing two training sessions on the track along the 3 km.
In sessions conducted in the morning, felt that the engine has too much power in Revolutions Per Minute (RPM) under the 3000, which is actually very good for a meandering path, but less suitable for high speed track that character.
“But after doing the rounds as much as 15 laps, we found the ideal machine settings in the power band between 4500-5600 with a boost pressure of 1.7 bar” Rifat said through a press release received Tribunnews.com. “As for the tires, my mechanic and team agreed to choose the medium tires hard, considering the mileage of each special stage is quite far away and the weather forecast at the time of the match will be hot. This morning when we start practice, the air temperature was around 25 ° C, but around noon rose to 30 ° C “added Rifat.
Fastron World Rally Team exercise yesterday along with Antoine L’Estage, who won in 2012 NEFR ago. While other leading racers like David Higgins and Ken Block, is also rumored to be practicing in the same place today. In this exercise, Rifat has not been accompanied by a navigator, Steve Lancaster, newly arrived in America last night.
“But this does not interfere with our preparation of Fastron World Rally Team, because me and Steve have been playing together on a WRC event in Greece last year” said Rifat.
New England Forest Rally or NEFR own, known as one of the best rally in the U.S.. In the beginning, the owner of Libra Racing, John Buffumlah who organized this rally for more than 16 years. For 2 days, 57 racers will be faced with a fairly wide track, because the track is actually the track used logging trucks.
In fact, because the average speed is too high, the organizing committee will make some chichane, ie deliberately dibelok street-corner to reduce speed.
“I was with Fastron World Rally Team will make every effort to achieve the best results. Our target is the top 5 positions, as well as proving that “Indonesia Cool” could achieve, especially in the arena of rallying. We ask his blessing prayer, so that things run smoothly “said Rifat Sungkar.

Second place finish, Bradl Keep Satisfied

MotoGP Laguna Seca finishing result, the United States, Sunday (21/7) seems to make Stefan Bradl happy smile. After the success of his first pole position in MotoGP, he managed to finish second and won his first podium.
German rider who defend the LCR Honda started racing in MotoGP since last year, and before the race this time, the result is the best finish a fourth place finish.
“For us, this result is very good. We do a good job over the weekend. Of course, expectations soared after I took pole. I know my speed is quite good and can go fast from the start. I have to try hard to do it since the start, “said Bradl.
Even so, in 2011 the Moto2 world champion admitted the race was quite difficult, especially after he was overtaken by Marc Marquez and must keep a distance of Valentino Rossi.
“I’m a bit of trouble. Full gas tank makes my front tire problem. When Marc overtook, I saw that he had a better grip and to expand its range. I also tried to keep a distance from Vale, and it is not easy. This race was very long and heavy, “he concluded.
Bradl has now climbed to sixth in the rider standings with 84 points, three ahead of occupants in seventh, Andrea Dovizioso of Ducati.

Michael Jordan Plant Capital in MotoGP

Michael Jordan (kanan).(foto:IST)

Los Angeles – the world basketball legend, Michael Jordan, is one of the motor racing enthusiast. Nah wonder, with the stock of money that it generates for a career as a basketball player Jordan dare to invest in the world of motor racing.

Jordan already has its own team in the American Superbike racing, and is said to have earned huge profits. But now the target dipancang higher. As rumored autoevolution (04/02/13), Jordan was aiming for an opportunity to become an investor in one of the MotoGP team. The team plans to play in all classes, from the three available classes.

Recent news of Michael Jordan will use the Yamaha as war equipment, and will be designed more mature because the engine was developed further by Colin Edwards. Michael Jordan and the team will be entered in the MotoGP race of the 2014 season started.

MotoGP madness to ever make Jordan curious feeling super fast ride that iron horse. In 2004 he was realizing his dream to devour the Valencia circuit with Ducati Desmosedici.

The Chicago Bulls legend managed to devour four laps when it was. 60 under the gaze of thousands of MotoGP fans, Jordan is one of the speeding on the circuit with top MotoGP riders and other legends such as Sete Gibernau, Colin Edwards, Kenny Roberts Junior and Kurtis Roberts.

Shareholders Still Supports F1 supremo Bernie Ecclestone

Majority shareholder of the Formula One Group, CVC, choose to “watch and wait” bribery-related cases being attacked President and CEO of F1, Bernie Ecclestone.

Previously, German prosecutors indict Ecclestone bribery. The charges relate to the payment of 44 million U.S. dollars to a German banker, Gerhard Gribkowsky, from Bayern Landesbank (BayernLB) related to the sale of shares of Formula 1. Ecclestone party has six weeks to respond, since the indictment was launched last week.

Last week also, CVC issued a formal statement will monitor this case. This week, the source of the CVC told the Daily Telegraph that they support the 82-year-old British entrepreneur is.

Suppose after going through the legal process he is proven guilty, Ecclestone leadership must be willing to remove the seat. The next question is, who is the best candidate to fill the position place?

Sources Daily Telegraph stated that Ecclestone replacement will likely come from outsiders. Formula 1 currently has 313 staff and 10 senior managerial positions. None of them are worthy to replace Ecclestone.

“This business is too small to have a replacement candidate from within. Successor will almost certainly come from outside,” said the source.

Red Bull Racing boss Christian Horner is one of the so-called replacement candidate Ecclestone. However, most of the names come from the world outside of F1, including Sainsbury’s CEO Justin King and former M & S boss Sir Stuart Rose.

“I do not know if companies such as Sainsbury’s boss could do my job. Maybe he could,” Ecclestone told the Guardian newspaper last April, when the King entered the name as a candidate.

However, it seems that the shareholders are not in a hurry to find a replacement candidate.

“The reality is that Bernie is running a business and he is much better understand what was going on than us,” continued the source of the CVC. “We clearly have an important role for our shareholders, but we do not run this business, day after day, in detail.”

Shareholders Still Supports F1 supremo Bernie Ecclestone

Majority shareholder of the Formula One Group, CVC, choose to “watch and wait” bribery-related cases being attacked President and CEO of F1, Bernie Ecclestone.

Previously, German prosecutors indict Ecclestone bribery. The charges relate to the payment of 44 million U.S. dollars to a German banker, Gerhard Gribkowsky, from Bayern Landesbank (BayernLB) related to the sale of shares of Formula 1. Ecclestone party has six weeks to respond, since the indictment was launched last week.

Last week also, CVC issued a formal statement will monitor this case. This week, the source of the CVC told the Daily Telegraph that they support the 82-year-old British entrepreneur is.

Suppose after going through the legal process he is proven guilty, Ecclestone leadership must be willing to remove the seat. The next question is, who is the best candidate to fill the position place?

Sources Daily Telegraph stated that Ecclestone replacement will likely come from outsiders. Formula 1 currently has 313 staff and 10 senior managerial positions. None of them are worthy to replace Ecclestone.

“This business is too small to have a replacement candidate from within. Successor will almost certainly come from outside,” said the source.

Red Bull Racing boss Christian Horner is one of the so-called replacement candidate Ecclestone. However, most of the names come from the world outside of F1, including Sainsbury’s CEO Justin King and former M & S boss Sir Stuart Rose.

“I do not know if companies such as Sainsbury’s boss could do my job. Maybe he could,” Ecclestone told the Guardian newspaper last April, when the King entered the name as a candidate.

However, it seems that the shareholders are not in a hurry to find a replacement candidate.

“The reality is that Bernie is running a business and he is much better understand what was going on than us,” continued the source of the CVC. “We clearly have an important role for our shareholders, but we do not run this business, day after day, in detail.”

Marussia Switch to Ferrari Engine in 2014 season

PAPHOTO4 469598 468x311 Marussia Beralih ke Mesin Ferrari Musim 2014

ANBURY (DP) – Marussia F1 Team announced it would switch to using a Ferrari engine along with the change in engine regulations in 2014. Team based in Banbury, England, this was going to wear ERS, transmission components and all supporters of the Italian manufacturer.
Since the entry into F1 with Virgin Racing name in 2010, the team operates with the smallest budget in the grid using artificial Cosworth engine. Because of the lack of clarity about the Cosworth will provide 1.6 V6 Turbo engine for next year, Marussia decides to switch to Ferrari.
With Marussia’s announcement, which means there will be two teams on the grid in 2014 (Sauber and Marussia) using Ferrari engines. While Toro Rosso Ferrari engine wear since 2007, will switch to Renault engines next season.
“We look forward to working with the Scuderia Ferrari F1 competition in the new era. We are grateful to Cosworth who have partnered with us since our debut season in 2010, “said CEO of Marussia, Andy Webb.
With the announcement of Ferrari as engine provider, Marussia will likely retain its main driver Jules Bianchi as next season. Bianchi is the rider of the young rider development program Ferrari Driver Academy.

The trick lay Pirelli P-Zero Usage

Pirelli sebagai pemasok ban di ajang balapan Formula One. (Foto: ist)

BUDAPEST – Pirelli motorsport director Paul Hembery, disclose the use of tire anyarnya trick called P-Zero. The trick is believed to be able to overcome the problems of the team at the Hungarian GP series, the weekend.

As reported earlier, P-Zero will debut in the race that took place at the Hungaroring circuit on Sunday (28/7/3013). In the tenth series later, Pirelli will provide two types of tires, namely medium tires (P-Zero White) and soft (P-Zero Yellow).

Hembery also provide tricks in using bn which had been tested last week at the Silverstone circuit. Hungaroring circuit which has the character of a narrow and winding will make low speed racer racing.

Therefore, Hembery advise the drivers in order to get enough heat in order to maintain the tire. “Traction and braking are the two most important aspects of tire performance in Hungary, the teams will make the settings to maximize these two key areas,” he said as reported by Crash.

“The energy level is relatively low lateral, performance tires will be a limiting factor rather than durability. And this will be the basis of the selection strategy, with teams like to keep the tires remain in peak performance for as possible,” he continued.

He also considered that the P-Zero could help the drivers to overcome the problem of thirst and degradation on the tires. To avoid the problem tire burst on the British GP series, some time ago.

“Temperatures in Hungary can be very high, and this is another factor where the level of wear and degradation will depend. Latest tire design we will help the drivers handle it,” he said.

MotoGP legend Enthusiast Follow Suzuka 8-Hours Race

SUZUKA – Event Suzuka 8-Hours Race this weekend ensured full participation of the iron horse jockey legend. One of them former MotoGP champion 1993 season, Kevin Schwantz, who will be riding the Suzuki GSX-R1000.

Not himself, Schwantz Suzuki team participating in will also partner with Yukio Kagayama and World Superbike legend, Noriyuki “Nitro” Haga. Schwantz was looking forward claiming back down in the event that there has been 11 years that followed.

“I’m looking forward to race at the Suzuka 8-Hour with Yukio and on the seat Noriyuki Suzuki GSX-R1000. Suzuka has a special place in my heart because I won my first 500cc Grand Prix here, “said Schwantz.

“The last time I took an eight-hour event was in 1992 with Doug Chandler and we could not finish the race due to mechanical problems. With only two riders, it will be difficult physically. Now with three riders and still be heavy for me though not as before, “he added.

“I myself have never won at this event and now with my colleagues tough as Yukio and Nori, I think we have a chance to win it,” Schwantz closed, as quoted by Crash, Thursday (25/07/2013).

Suzuka 8-Hours Event Race time will be followed by 63 riders and expected, Suzuka will be met 80 thousand fans at the final session, Saturday (07/27/2013) future. Last year, the event was won by a trio of Jonathan Rea, Kosuke Akiyoshi and Tadayuki Okada that carries the FCC TSR Honda team.

Honda’s Casey Stoner will wear As a Test Rider

casey stoner 460x306 Honda akan Pakai Casey Stoner Sebagai Test Rider

Honda Racing Corporation will ensure the use of former Honda MotoGP rider Casey Stoner as a test rider. 2 times world champion will test Honda RC213V MotoGP machine at the Twin Ring Motegi circuit, Tochigi.
Stoner will perform 4 times testing there. In addition he will taste the motorcycle racing that will be used by some teams elected in MotoGP 2014.
“Almost 7 months ago I announced his resignation in Valencia and I remain comfortable and happy with the decision to quit racing motorcycles, although sometimes I miss driving a Honda RCV,” said Stoner.
“That is why I am very happy to accept the offer of HRC to do some testing at Motegi this year. I can not wait to drive RCV and find out how he has changed from last year. ”
Testing will take place in the next few months. Stoner will provide advice and input to the R & D Team HRC.