CVC would fire F1 boss Ecclestone if found guilty

Formula One Chief Executive Bernie Ecclestone leaves the High Court in central London November 6, 2013 file photo. REUTERS/Toby Melville

LONDON (Reuters) - Formula One shareholder CVC would not hesitate to sack motor sport boss Bernie Ecclestone if he had committed a crime in his dealings with a jailed German banker, CVC co-founder Donald Mackenzie told a court on Monday.

Mackenzie denied that Ecclestone, who has built Formula One into a global money-spinner over the past four decades, was being kept in his post because of his importance to the business. Ecclestone remains a hands-on chief executive at the age of 83.