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Despite being charged with bribery, President and CEO of Formula One Management (FOM) and Formula One Administration (FOA), Bernie Ecclestone insists that CVC still supports him.
“I have heard from them and they are very happy as I am for me to continue to run the business. Nothing has changed. Nothing affects how I look after the best interests of F1. No one has said any thing to the contrary,” said Ecclestone.
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Ecclestone was charged with bribery by prosecutors in Germany. The prosecutors also claimed that the former F1 boss blackmailed Gerhard Gribkowsky to sell the F1 commercial rights to CVC.
CVC released a statement saying that it will monitor the situation.
FIA president Jean Todt said: “He (Ecclestone) is employed by CVC, so it’s their decision. The responsibility for the future of Formula One is more about CVC than about Bernie.”
Most of the Formula One teams have chosen to remain silent on the matter but Sauber boss Monisha Kaltenborn was the first to comment.
“In general, such headlines are not good for formula one,” she said.
