News Details
Court case against Ecclestone over F1 sale starts
Formula One boss Bernie Ecclestone was accused of making a "corrupt bargain" that cost a German media firm millions in a London court on Tuesday, one of multiple legal challenges that threaten his control of the motor sport. Constantin Medien is seeking more than $100 million in damages from Ecclestone, arguing that he and three other defendants deliberately undervalued Formula One when private equity fund CVC Capital Partners bought into the business in 2005. A sports-focused media group, Constantin Medien had an interest in the sale of German bank BayernLB's stake in the motor sport to CVC, and Constantin says it lost out as a result of the undervaluation. The legal fallout...
Full Story »
Full Story »
11y ago from SuperSport.com
0
You May Also Be Interested In...
Court hears ‘a corrupt bargain was made between...
Court hears ‘a corrupt bargain was made between Mr Gribkowsky and...
11y ago from GrandPrix247.com
German media firm seeks damages from Ecclestone for F1...
German media firm seeks damages from Ecclestone for F1 sale 26 October,...
11y ago from GrandPrix247.com
cclestone accused of 'corrupt bargain' in F1 sale
LONDON, Oct 29, 2013 (AFP) - Formula One chief Bernie Ecclestone...
11y ago from F1Plus.com
Ecclestone back in court
F1 overseer Bernie Ecclestone will return to the courtroom, in name at...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
The steps KTM is taking to protect its MotoGP division...
No description available...
5h ago from Motorsport.com
Joan Mir: Honda didn't gain any ‘advantage' from...
Factory Honda rider Joan Mir believes the MotoGP concessions system...
6h ago from MotorsportWeek.c...
MotoGP 2025 launch dates: When are teams revealing...
No description available...
1d ago from Motorsport.com
Di Giannantonio will try to “annoy” Marquez and...
No description available...
1w ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar considering Denver and Mexico races for future...
No description available...
3h ago from Motorsport.com
The spotlight is now on IndyCar, Indy NXT as both...
No description available...
2h ago from Motorsport.com
Conor Daly finally returns full time for 2025 with...
No description available...
2h ago from Motorsport.com
How IndyCar's biggest trophy was still made in the...
No description available...
2h ago from Motorsport.com
Popular On TotalWRC.com
Lappi “still in talks with Hyundai” as search for...
No description available...
2h ago from Motorsport.com
Baciuska promoted to Dakar Stage 2 win; storm forces...
No description available...
4h ago from Motorsport.com
Sainz forced out of Dakar Rally due to damaged car
No description available...
2h ago from Motorsport.com
Dakar 48h stage top two, Sainz and Loeb all hit with...
No description available...
9h ago from Motorsport.com
Popular On GunnersToday.com
Barcelona name Dani Olmo in Spanish Super Cup squad...
Barcelona include Dani Olmo and Pau Victor in their squad for the Spanish...
21m ago from SportsMole.co.uk
Team News: Arsenal vs. Newcastle United injury,...
Sports Mole rounds up all of the latest injury and suspension news ahead...
1h ago from SportsMole.co.uk
Nwaneri out for a few weeks | 'Arsenal in a position...
Mikel Arteta has confirmed Arsenal midfielder Ethan...
5h ago from SkySports.com
Ethan Nwaneri could miss 10 Arsenal matches as Mikel...
Sports Mole looks at the Arsenal games Ethan Nwaneri could miss as Mikel...
4h ago from SportsMole.co.uk
Comments
Hottest News
Red Bull F1 exit revealed in £119 MILLION blow
A Red Bull Formula 1 exit has been revealed in a... Read More »
4h ago from GPFans.com
Verstappen announces Kelly Piquet marriage UPDATE
Formula 1 champion Max Verstappen has announced a... Read More »
2h ago from GPFans.com
Aston Martin issue 2025 statement amid Newey arrival
Aston Martin Formula 1 team have issued a... Read More »
3h ago from GPFans.com
