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
Takaaki Nakagami fills in for injured Luca Marini at...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu shares his ‘biggest dream'...
Following the announcement of Toprak Razgatlioglu's move to MotoGP in...
1d ago from MotorsportWeek.c...
Why Marc Marquez stressed his Ducati is identical to...
No description available...
3d ago from Motorsport.com
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power leads Team Penske to IndyCar pole at Gateway
World Wide Technology Raceway was the site of qualifying on Saturday...
11h ago from MotorsportWeek.c...
Will Power: “I sent it” to snatch pole position...
No description available...
9h ago from Motorsport.com
IndyCar Gateway – Qualifying Results
The first short oval race of the season is on tap this weekend, and a...
10h ago from MotorsportWeek.c...
Newgarden tops rain-affected IndyCar practice from...
IndyCar finally was able to complete its first practice session of the...
15h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
2d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
4d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Revealed: Why Arsenal still feel they are in pole...
The transfer saga surrounding Viktor Gyokeres continues to heat up as...
29m ago from CaughtOffside.com
Real Madrid Transfer News Roundup: Rodrygo unlikely to...
Real Madrid are preparing to participate in the FIFA Club World Cup. Xabi...
19m ago from SportsKeeda.com
Arsenal showing serious interest in 17-G/A forward...
Arsenal have now joined the race to sign the Borussia Dortmund attacker...
2h ago from CaughtOffside.com
Arsenal knocking on the door to sign £53 million...
Arsenal have launched a concerted push to sign Athletic Bilbao’s...
2h ago from CaughtOffside.com
Comments
Hottest News
FIA issue DOUBLE punishment for Mercedes F1 star George...
Mercedes F1 star George Russell has been... Read More »
4h ago from GPFans.com
Adjusted 2025 F1 Canadian Grand Prix starting grid after...
Check out the full, adjusted starting grid for... Read More »
11h ago from RacingNews365.com
Helmut Marko points to Mercedes disadvantage after George...
Red Bull was beaten to pole position at the... Read More »
48m ago from RacingNews365.com
