News Details
Ecclestone made 'corrupt agreement'
F1 boss Bernie Ecclestone was accused of making a 'corrupt agreement', at the High Court in London on Tuesday. The case has been filed by Constantin Medien, which is seeking damages of at least £90 million, arguing that BayernLB's 47 percent stake was undervalued when it was sold to CVC back in 2006. Philip Marshall QC, representing Constantin Medien, said 'corrupt payments' – totalling around £27m - had been made to German banker Gerhard Gribkowsky during the sale, a sale that took place 'without the normal and proper process' and which was done to ensure Ecclestone kept his role as chief executive. Ecclestone's representative, Robert Miles QC, meanwhile countered by saying the 'claim...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Ecclestone accused of corruption as High Court case...
Bernie Ecclestone is facing accusations of being involved in a corrupt...
11y ago from espnF1.com
cclestone accused of 'corrupt bargain' in F1 sale
LONDON, Oct 29, 2013 (AFP) - Formula One chief Bernie Ecclestone...
11y ago from F1Plus.com
Court hears ‘a corrupt bargain was made between...
Court hears ‘a corrupt bargain was made between Mr Gribkowsky and...
11y ago from GrandPrix247.com
Ecclestone accused of ‘corrupt bargain’
The opening day of proceedings in the civil action against Bernie...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
2h ago from Motorsport.com
The consequences of Toprak Razgatlioglu's arrival in...
No description available...
20h ago from Motorsport.com
Joan Mir will ‘go to bed satisfied' after...
Joan Mir admitted that he will "go to bed satisfied" after...
22h ago from MotorsportWeek.c...
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Louis Foster gains new sponsor for rest of IndyCar...
Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
1d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
1d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
4d ago from Motorsport.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
After beating Arsenal to sign Leroy Sane, Galatasaray...
Galatasaray are reportedly interested in signing Djordje Petrovic from...
37m ago from SportsKeeda.com
Talks held: Club working to keep 80m star as Arsenal's...
Arsenal have identified Juventus left winger Kenan Yildiz as an ideal...
2h ago from CaughtOffside.com
Tick tock: Man United and Arsenal to submit their...
Manchester United are reportedly preparing to table a formal bid for...
2h ago from CaughtOffside.com
Arsenal set to battle Tottenham in race to sign...
As per TBR Football, Arsenal are set to rival Tottenham Hotspur in the...
2h ago from SportsKeeda.com
Comments
Hottest News
Sky Sports F1 presenter takes action over 'vile abuse'...
Sky Sports F1 presenter Rachel Brookes has opened... Read More »
1h ago from GPFans.com
Hypercar entry handed shock disqualification at Le Mans...
Early drama at the 24 Hours of Le Mans as a... Read More »
6h ago from RacingNews365.com
Vowles lives out FW14B dream ahead of Goodwood run
Before jetting off to Montreal, Williams team... Read More »
37m ago from F1i.com