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German media firm seeks damages from Ecclestone for F1 sale

German media firm seeks damages from Ecclestone for F1 sale 26 October, 2013 Bernie Ecclestone Bernie Ecclestone's management of Formula One will face scrutiny next week when a German media firm seeks more than $100 million in damages over a deal that made CVC Capital Partners the motor sport's main shareholder. The civil case in London's High Court is scheduled to open on Tuesday, a day after the diminutive Ecclestone turns 83. Despite his age, Ecclestone remains the hands-on chief executive of a business he has helped to turn into a global money-spinner over the last four decades. German company Constantin Medien will argue that Ecclestone and three other defendants deliberately...
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11y ago from GrandPrix247.com 0
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