Aug.1 (GMM) Banned former F1 chief Flavio Briatore has been named as being also involved in the Gerhard Gribkowsky bribery affair.

The Italian, a friend and business partner of Bernie Ecclestone, was reportedly involved in the F1 chief executive's payment of millions to jailed German banker Gribkowsky.

The Seddeutsche Zeitung newspaper said Briatore, as well as a Swiss lawyer, helped Ecclestone get the money to Gribkowsky via a web of shell companies and fake consultancy contracts.

And the report said four of Ecclestone's lawyers - three in Geneva and one in London - have been subject to searches by prosecutors.

The 80-year-old has said he was effectively blackmailed by Gribkowsky and argued that the amount paid to the former BayernLB risk manager was much less than $44m.

APA news agency said the prosecutors have declined to comment on the latest reports.

Latest F1 News - Mobile version

26 Feb: New Ferrari not quickest in field - Domenicali 26 Feb: Red Bull still best in 2013 - Tost 26 Feb: 2014 French grand prix 'possible' - Prost 26 Feb: Danica Patrick 'not interested' in F1 switch 26 Feb: Report - Gilles Simon working on F1 engine for Honda 26 Feb: Gutierrez plays down link to Carlos Slim 26 Feb: Caterham exhaust 'legal' insists van der Garde 26 Feb: McLaren replaces Mercedes-bound Lowe 25 Feb: 'Engine maps' trouble for Red Bull, Lotus - report 25 Feb: Mercedes-bound Lowe to miss 2013 opener - report 25 Feb: Mercedes 'in group of teams' behind Red Bull - Lauda 25 Feb: Gutierrez expects Hulkenberg to beat him early in 2013 25 Feb: New Ferrari 'much better' than 2012 - Massa 25 Feb: Teams 'will adapt' to new tyre situation - Gutierrez 25 Feb: Tight rules make today's F1 cars 'the same' - Forghieri 25 Feb: Williams removes controversial exhaust trick 25 Feb: Contract 'conflicts' cause of Marussia test snub - Razia 25 Feb: Lotus to fight Red Bull for title - Gutierrez 25 Feb: Marussia 'ahead of Caterham' - Chilton 25 Feb: Sutil will not stay in F1 as test driver The latest F1 News - Mobile Version