DECEMBER 23, 2000
German prosecutors raid EM.TV offices
Soon after the visit EM.TV announced that the company's head of business affairs Ulrich Goebel had resigned due to differences of opinion over the future strategic direction of the company, which holds 50% of Bernie Ecclestone's Formula One group of companies.
The investigation is one of several which are surrounding the company and causing some embarrassment in F1 circles.
EM.TV is expected to sell its F1 shareholding to another German media firm led by Leo Kirch but that deal is yet to be confirmed.