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
How far has Francesco Bagnaia fallen behind compared...
No description available...
14h ago from Motorsport.com
Franco Morbidelli renews with VR46 Racing Team for...
Franco Morbidelli has announced he will remain a satellite Ducati rider...
17h ago from MotorsportWeek.c...
Marc Marquez's crash tally halves in 2025 as Ducati...
No description available...
16h ago from Motorsport.com
VR46 Ducati retains Franco Morbidelli for 2026 MotoGP...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
4h ago from MotorsportWeek.c...
Will Power released after 17 years with Team Penske
Team Penske has parted ways with veteran IndyCar driver Will Power, the...
13h ago from MotorsportWeek.c...
Rinus VeeKay won't return to Dale Coyne Racing in 2026
No description available...
6h ago from Motorsport.com
Will Power and Team Penske officially part ways after...
No description available...
13h ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
2d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
1d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
8 signings, 11 outgoings: All the details from...
It has been a frantic summer at Arsenal as Andrea Berta has made his mark...
15h ago from FreshArsenal.com
Piero Hincapie reveals what Granit Xhaka told him...
New Arsenal signing Piero Hincapie has admitted he spoke to former Gunner...
13h ago from SportsKeeda.com
Arsenal latest: Gyokeres defends 'player power' claims...
No description available...
14h ago from SkySports.com
Szoboszlai’s rocket and Milner’s new milestone –...
;a href="https://bsky.app/profile/maxrushden.bsky.social">Max...
16h ago from TheGuardian.com
Comments
Hottest News
F1 fans ANGRY after walking out of Dutch Grand Prix
There was a remarkable sight during the Dutch... Read More »
6h ago from GPFans.com
Staggering Newey admission emerges over Verstappen to Aston...
Adrian Newey has discussed Max Verstappen’s... Read More »
15h ago from GPFans.com
F1 driver's former model girlfriend linked with new...
Mick Schumacher's former girlfriend has been... Read More »
8h ago from GPFans.com
