Mercedes could quit over Ecclestone corruption

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.

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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Leopold

Leopold Pleijsier founded F1-Fansite.com in 2001 and has followed Formula 1 since the early 1980s. He writes about daily F1 news, race weekends, drivers and the sport’s history.

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