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Finance police raid Monza Finance police raid Monza(0)

There is trouble afoot at Monza, the scene of the famous and historic Italian grand prix.

On Tuesday morning, Italy’s finance police the Guardia di Finanza entered the Autodromo Nazionale to investigate seven people involved with the operation of the circuit.

According to Il Giorno and La Repubblica, the Monza prosecutor suspects tax offenses, false invoicing and other discrepancies in relation to Sias SpA, the circuit operator, between 2007 and 2012.

Among the suspected offenses is the issuing of invoices for non-existent transactions in order to show a positive balance sheet for the running of some events.

The officers raided the Sias offices and also the home of the circuit director, Enrico Ferrari, and other high ranking officials.

Hamilton back in hot-seat as Sutil saga continues Hamilton back in hot-seat as Sutil saga continuesComments Off

Lewis Hamilton looks set to be recalled as a witness as the Adrian Sutil assault saga rolls on.
German Sutil, and his father Jorge, described former close friend and 2008 world champion Hamilton as a “coward” and “pathetic” after the McLaren driver did not appear at the recent hearings in Munich.

But with the former Force India driver – and Munich prosecutors – now filing appeals against the judge’s verdict, Hamilton’s personal testimony might be regarded as crucial.

Hamilton is clearly visible in the video footage of the incident with Eric Lux in a Shanghai nightclub last April, but Sutil’s manager Manfred Zimmermann claims the judge neglected the gravity of the security camera evidence.

“Not asking one of the witnesses to court and other important circumstances have not been considered as well,” Zimmermann charged.

London newspaper the Daily Telegraph claims Hamilton “is happy to testify provided the date does not clash with prior commitments”.

Ecclestone says he paid Gribkowsky after threats Ecclestone says he paid Gribkowsky after threatsComments Off

Bernie Ecclestone has finally confirmed reports he paid $40 million to jailed German banker Gerhard Gribkowsky.

But the F1 chief executive, who was officially named in the Munich prosecutors’ charges against Gribkowsky this week, denies it was a bribe, hinting instead that he was effectively blackmailed.

Ecclestone, 80, told the Daily Telegraph he was “threatened” by Gribkowsky who was warning of tax trouble for the diminutive Briton.

He said Gribkowsky was alleging irregularities with Ecclestone’s offshore family trust Bambino and “threatened that he was going to say that I was running it”.

Ecclestone added: “The taxation people in England at the time were in the middle of settling everything with the trust and the last thing you need is for them to start thinking something different.

“He (Gribkowsky) was shaking me down and I didn’t want to take a risk.”

Ecclestone said he asked his lawyers for advice about how to deal with Gribkowsky’s alleged threat.

“They said ‘I tell you what would happen, the (inland) Revenue would assess you and you would have to defend it, because you could defend it, and you would be three years in court and it would cost you a fortune. Better pay’,” said the F1 chief executive.

Ecclestone said he paid Gribkowsky through Mauritius and British Virgin Islands-based companies because “he wanted to be paid so it didn’t look like it came from me and didn’t look like it had come from England”.

And he said he has consistently denied making the payment at all until now because “the prosecutor had asked me not to say anything”.

Gribkowsky’s legal representative declined to comment.

Italian police seize Briatore’s yacht Italian police seize Briatore’s yachtComments Off

A week after the banned former Renault boss hosted Bernie Ecclestone on the 60-metre Force Blue on the Monaco harbour, police boarded it on Thursday.

They had followed the yacht with high speed boats to the port of La Spezia, near the northern city of Genoa, with the 60-year-old Italian, his wife Elisabetta and new son Falco all on board.

Local prosecutor Walter Cotugno ordered the boat be impounded on the suspicion it is improperly registered as a charter.

Investigators suspect Briatore has registered it in the Cayman Islands, with a hire price of 275,000 euros a week, in order to obtain a tax break and to avoid paying sales tax when anchoring in European harbours.

They suspect the yacht is not chartered at all and in fact is used only by Briatore’s family.
(GMM)

Briatore wants to denounce the Piquet Briatore wants to denounce the PiquetComments Off

The Court de Grande Instance ordered the lifetime ban imposed by the FIA against Briatore to be overturned.

Motor sport’s world governing body are currently looking into their options and considering whether to launch an appeal, a course of action Briatore has advised them against doing.

“I wouldn’t do it after such a verdict,” remarked the former Renault team principal in Gazzetta dello Sport.

Briatore, however, may now go gunning for the Piquets as it was they who blew the whistle on the ‘crashgate’ scandal.

Piquet Jnr deliberately crashed his car at the 2008 Singapore Grand Prix in order to help team-mate Fernando Alonso take the win.

Briatore, along with former Renault director of engineering Pat Symonds, were then implicated in the conspiracy by the Piquets.

The 59-year-old Italian did initially threaten legal action once the story emerged.

That was soon forgotten after he vacated his position at Renault, who had opted not to contest the allegation made against them by the FIA that they fixed the result of the aforementioned race.

Asked if he would now take action against the Piquets, Briatore replied: “That’s very likely. The bad that has been done to me won’t be forgotten in one day.”

Briatore’s problem, however, is the Tribunal merely stated the FIA sanction was “irregular” as it did not comply with their statutes.

At no stage has the TGI reversed the FIA’s finding that both Briatore and Symonds conspired to cause an intentional crash.

Clearly in a feisty mood, however, Briatore may also take action against those drivers who opted to break away from his management company, notably Heikki Kovalainen and Lucas di Grassi.

“Except for Kovalainen and di Grassi, my relationship with the other drivers has never changed,” added Briatore, who also oversees the likes of Mark Webber.

“In fact, now we’ll analyse the situation with the lawyers to see whether we should take legal action against anyone who has broken the contracts with us.”

Briatore’s main source of anger, though, remains directed at former FIA president Max Mosley who he once described as “complainant, investigator, prosecutor and judge” in the case against him.

“It was a case of vengeance from Mosley, who has always managed the FIA and the World Council as if it was private property,” remarked Briatore.

“He had reassured me, telling me they understood I didn’t have anything to do with that story. Then came that verdict. It was an ignoble thing after 18 years of F1.”

Source: PlanetF1


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