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Monisha Kaltenborn and Bernie Ecclestone

Monisha Kaltenborn (CEO @ Sauber) and Bernie Ecclestone

F1 chief executive Bernie Ecclestone on Friday played down reports the sport's board, led by owner CVC's Donald Mackenzie, is preparing to oust him in the wake of a British judge finding he indeed paid a "bribe".

"I've spoken to Donald," 83-year-old Ecclestone told the Telegraph. "It was nothing of any importance.

"They (the board) can't understand how the judge has reached his conclusion. My lawyers can't either. They have been through it all and they can't find where I lied."

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