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GP Week : Issue 183
F1 >>> NEWS For all its attempts at projecting a cut-throat, ruthless, never-give-an- inch image, Formula One has once again shown that it has a heart after all. Sutton Images – for many years a name that is synonymous with motorsport and renowned for the award-winning photography of veteran Formula One photographers Keith and Mark Sutton – has this month donated an impressive £23,000 to the Great Ormond Street Children’s Hospital (GOSH), one of many such donations made by the agency over the past 10 years. Sutton’s long involvement with the hospital has seen the photo agency involved in a number of initiatives aimed at helping to raise funds for GOSH, and this year a significant amount of the monies donated to the hospital were raised through the photo agency’s collaboration with StarCards, a group of volunteers which auctions playing cards, photographs and other such knick- knacks signed by celebrities to raise money for the hospital. “Mark and Keith Sutton have been very active supporters and their regular collection of signings and stunning photographs supported by all Formula One teams are a massive contribution,” Paul Brett of StarCards said, before adding that the Sutton-led F1 auction was the StarCards collaboration that raised the most money for GOSH each year. Sutton Images and StarCards have been raising money for the hospital for nearly a decade through an annual online auction which traditionally takes place over the British Grand Prix weekend. Together they have so far raised £xxx since the start of their collaboration, money that has gone towards supporting the refurbishment of the hospital, providing up-to-date equipment, and funding research into better treatments. “Sutton Images are immensely proud to have once again supported StarCards and to have helped raise £23,000 for Great Ormond Street Hospital,” Sutton Images chief executive Keith Sutton. “This fundraising event is now an established annual event and we'd like to thank the Formula One community for their continued support in helping to improve the lives of young children.” GOSH! F1 HAS A GENEROUS HEART Following the news that prosecutors in Germany had wrapped up an investigation into Bernie Ecclestone related to the conviction of banker Gerhard Gribkowsky for receipt of bribes, the F1 supremo confirmed that he had the full support of CVC Capital Partners with regard to the charges he is widely expected to face. The news that Ecclestone would soon be charged in Germany cast doubt over the Briton’s future as Formula One’s ringmaster, but the man who built the sport from a weekend hobby for the garagistes followed only by motor-racing enthusiasts into a global racing spectacle generating billions in revenue says he has the Formula One board’s backing. “Everyone voted to support me staying on and running the business,” Ecclestone told The Sunday Times. “T he board agrees I should stay unless I’m convicted. I still don’t know what the German prosecutors think. I wish I was guilty – it would be much easier. The charges are a complete load of rubbish.” The charges against Ecclestone stem from accusations made by now-jailed banker Gerhard Gribkowsky. Gribkowsky, former chief risk officer at bank Bayern LB claimed Ecclestone paid him a bribe to arrange the sale of the bank ’s stake in the Formula One business to CVC. Gribkowsky was sentenced to eight- and-a -half years in prison last year when the Munich court found him guilty of receiving $44 million from Ecclestone in return for arranging the sale of the stake to CVC. Ecclestone, however, has denied any wrongdoing but admitted to paying Gribkowsky some ‘hush’ money to silence him after the German threatened to provide false reports to the British tax authorities over his financial affairs, with particular regard to a family trust that the banker alleged was being managed by Ecclestone in direct contravention of British tax law. The 82-year-old businessman has yet to receive any formal documentation confirming the charges from the German prosecutors; any legal documents will have to be translated into English before being sent to Ecclestone or his legal team, a process that can take up to a month. “ T hey haven't told me [about the charges], that's the only problem. I suppose they will eventually, they're going to have to, obviously,” Ecclestone said. “To be quite honest with you I haven't done anything about any of these things. I haven't bothered. If I have to get bothered, then I'll get bothered.” CVC PLEDGE SUPPORT TO ECCLESTONE Seb Vettel's 'Monaco' helmet featured a collage of Sutton Images' 1961 Monaco Grand Prix images, featuring winner Stirling Moss! 11 GPWEEK.com // 11 GPWEEK.com // PARTNERS: