News Details
Further setback for Ecclestone over F1 sale
Bernie Ecclestone's legal troubles have taken another turn after the Formula One Group and owners CVC were requested by a London court to release hundreds of documents over the sale of Formula 1 in 2005, according to the Financial Times. Ecclestone was indicted by German prosecutors for alleged bribery last month, the 82-year-old and Bambino, his family trust, having sent $44 million (£29 million) to banker Gerhard Gribkowsky to ensure the sale of BayernLB's shares to CVC. Meanwhile, German media group Constantin Medien is seeking damages of at least $171m (£111 million), arguing that BayernLB's 47 percent stake was undervalued when it was sold to CVC. The company, which claims it would...
Full Story »
Full Story »
12y ago from GPUpdate.net
0
You May Also Be Interested In...
Formula One ordered to disclose sale documents
Bernie Ecclestone is facing more questions over the sale of Formula One in...
12y ago from espnF1.com
Formula One boss Bernie Ecclestone puts brake on...
New Delhi: Formula 1 boss Bernie Ecclestone on Tuesday confirmed...
12y ago from NDTVSports.com
Ecclestone admits that 2014 Indian GP could be dropped
Formula 1 supremo Bernie Ecclestone has confirmed reports that a question...
12y ago from GrandPrix247.com
Indian Grand Prix future in doubt
The Indian Grand Prix is unlikely to be included on next year's Formula 1...
12y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Honda stuck at "similar potential" to 2025...
No description available...
7h ago from Motorsport.com
MotoGP to set minimum salary for riders from 2027
No description available...
11h ago from Motorsport.com
Aprilia’s MotoGP tech secret: a double duct hidden...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Firestone introducing ENLITEN Technology for 2026...
No description available...
3h ago from Motorsport.com
Barnes: IndyCar officiating is already starting to...
No description available...
19h ago from Motorsport.com
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
1d ago from MotorsportWeek.c...
IndyCar changes tire usage requirements, makes safety...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'As it stands..': Latest on Liverpool move for 100m...
Liverpool have been heavily linked with a move for Yan Diomande in recent...
33m ago from CaughtOffside.com
'I don’t like all that' – Scholes slams...
Arsenal may have secured a dominant 4-1 victory over Tottenham on Sunday,...
2h ago from CaughtOffside.com
'It’s hard to take that out' - Paul Scholes names...
Paul Scholes has said Arsenal midfielder Declan Rice ‘looks too...
4h ago from SportsKeeda.com
Arteta tells Arsenal to seal £45m transfer after...
Piero Hincapie joined Arsenal on loan at the start of the season, and they...
4h ago from CaughtOffside.com
Comments
Hottest News
Horner names the true culprits of his Red Bull exit
Christian Horner has offered a revealing look... Read More »
7h ago from F1i.com
Christian Horner and Geri Halliwell 'Pizzagate' row takes...
Axed F1 boss Christian Horner and Geri Halliwell... Read More »
1h ago from GPFans.com
Lewis Hamilton F1 career: Complete stats, wins and records...
Lewis Hamilton is F1’s most successful driver... Read More »
1h ago from GPFans.com
