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Ecclestone back in court

F1 overseer Bernie Ecclestone will return to the courtroom, in name at least, as the latest stage in the ongoing saga over the sale of F1 rights to CVC comes in front of a judge in London.The civil case, which will be heard at the High Court, hopes to determine whether Ecclestone's family trust paid a £27m bribe to now disgraced German banker Gerhard Gribkowsky in a bid to smooth the sale. Constantin Medien, which held a stake in F1 prior to CVC's involvement, alleges that Ecclestone conspired with Gribkowsky to undervalue their holding and are seeking damages exceeding £100m.Gribkowsky was jailed for eight years by a German court for accepting the alleged bribe, but Ecclestone has yet...
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11y ago from Crash.net 0
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