News Details
F1 boss rejects 'corrupt' sale claim
A damages claim against Formula 1 boss Bernie Ecclestone relies on the confessions of a 'fantasist' jailed banker, the High Court has been told. German media company Constantin Medien alleges that Mr Ecclestone deliberately undervalued F1 when BayernLB bank sold its 47% stake in the sport in 2005. Robert Miles QC, representing the Formula 1 chief executive, said: 'This is a case that simply does not add up.' Constantin said it lost out in the deal and is seeking about £90m in damages. 'Absolutely delighted' Mr Miles said his client would have had no interest in undervaluing F1 because Mr Ecclestone's family was selling its own 25% stake at the same price. Mr Ecclestone rejects Constantin's...
Full Story »
Full Story »
You May Also Be Interested In...
Ecclestone made 'corrupt agreement'
F1 boss Bernie Ecclestone was accused of making a 'corrupt agreement', at...
11y ago from GPUpdate.net
Court case against Ecclestone over F1 sale starts
Formula One boss Bernie Ecclestone was accused of making a "corrupt...
11y ago from SuperSport.com
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
Elsewhere On The Network
Popular On MGPToday.com
How Alex Marquez won the MotoGP Spanish GP the Marc...
No description available...
1d ago from Motorsport.com
Yamaha set to confirm new inline-four MotoGP engine at...
Yamaha admits it is likely to use its updated inline-four MotoGP engine...
3d ago from MotorsportWeek.c...
Joan Mir confirms new Honda engine sees improvement in...
Joan Mir confirmed that Honda's new engine has shown improvements in 'all...
3d ago from MotorsportWeek.c...
Pedro Acosta did have surgery for arm-pump syndrome...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Ericsson narrowly tops opening IndyCar practice...
The NTT IndyCar Series headed out on track at Barber Motorsports Park...
15h ago from MotorsportWeek.c...
IndyCar hybrid weight set to make two stop strategy...
The NTT IndyCar Series is visiting Barber Motorsports Park this weekend,...
20h ago from MotorsportWeek.c...
Felix Rosenqvist still feels like a rookie after 100...
This weekend at Barber Motorsports Park, Felix Rosenqvist will start his...
1d ago from MotorsportWeek.c...
Felix Rosenqvist feels closer to victory as he...
No description available...
21h ago from Motorsport.com
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
2d ago from Motorsport.com
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
3d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Being managed by Neil Warnock & sharing a...
Formerly of clubs ranging from Middlesbrough to Boca Juniors, and...
49m ago from CaughtOffside.com
Arsenal keen on signing 20-year-old Premier League...
Arsenal are reportedly keeping tabs on Leicester City youngster Bilal El...
1h ago from SportsKeeda.com
'He makes things happen' - Didi Hamann urges Liverpool...
Didi Hamann has urged Liverpool to hijack Arsenal's move to sign Nico...
1h ago from SportsKeeda.com
“It’s something I will never understand” -...
Former Watford striker Troy Deeney has slammed Chelsea and Arsenal, who...
1h ago from SportsKeeda.com
Comments
Hottest News
F1 2025 Miami Grand Prix Sprint Race starting grid with...
Mercedes Formula 1 star Kimi Antonelli will start... Read More »
7h ago from GPFans.com
Red Bull draw first conclusion on Max Verstappen update
Helmut Marko has passed an initial judgement on... Read More »
49m ago from RacingNews365.com
Leclerc hints at cause of Hamilton struggle
May 3 Charles Leclerc has given some insight... Read More »
4h ago from OneStopStrategy.com
