News Details

cclestone accused of 'corrupt bargain' in F1 sale

LONDON, Oct 29, 2013 (AFP) - Formula One chief Bernie Ecclestone was accused of striking a "corrupt bargain" in a bid to maintain his grip on the sport, at the start of a hearing in London's High Court on Tuesday. A German media group, Constantin Medien, which claims it lost out in a deal to sell the Formula One group, has launched legal action against the 83-year-old British tycoon and three other defendants. Swiss prosecutors announced Tuesday they were opening their own probe into the issue, in the latest challenge to Ecclestone's authority in a sport he had helped turn into a billion-dollar business. Ecclestone was not in court on Tuesday but is...
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