BUSINESS
03/01/2011 09:15 am ET Updated May 25, 2011

Gerhard Gribkowsky Accused Of Taking $50 Million Kickback For Formula One Sale

Feb. 16 (Bloomberg) -- Banker Gerhard Gribkowsky may have taken a $50 million kickback for engineering the sale of Formula One, the world's most-watched motor sport, German prosecutors say. Who paid that suspected bribe, they aren't saying.

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