Mercedes could quit over Ecclestone corruption

Daimler has inserted an exit clause relating to corruption to it's Concorde Agreement

Jun.3 (GMM) Mercedes is not ruling out quitting Formula One over the Bernie Ecclestone corruption scandal.

DPA news agency reports that, when negotiating its new Concorde Agreement terms with Ecclestone, Mercedes parent Daimler inserted an exit clause relating to corruption.

Nico Rosberg, Mercedes AMG F1 W04
Nico Rosberg, Mercedes AMG F1 W04

Photo by: XPB Images

F1 chief executive Ecclestone is expected to face bribery charges by Munich prosecutors over his $44 million payment to jailed former banker Gerhard Gribkowsky.

Christine Hohmann-Dennhardt, a member of Daimler's board of management for integrity and legal affairs, confirmed the existence of the F1 contract clause.

"We would utilise the contract terms when it is necessary," she is quoted as saying.

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About this article
Series Formula 1
Drivers Nico Rosberg , Bernie Ecclestone
Teams Mercedes
Article type Breaking news
Tags ecclestone, mercedes