News Details

Ecclestone expected in court

Bernie Ecclestone is expected to take the stand in London's High Court sometime today [Wednesday] as Constantin Medien's case against him and three fellow defendants continues.The civil case hopes to determine whether Ecclestone's family trust paid a £27m bribe to now disgraced German banker Gerhard Gribkowsky in a bid to smooth the sale of F1's commercial rights to current owner CVC. Constantin had a financial interest in F1 prior to CVC's involvement, thanks to an agreement that said it would receive ten per cent if the stake was sold for more than $1.1bn. When CVC paid $814m, it received nothing and alleges that Ecclestone conspired with Gribkowsky to undervalue the holding.Gribkowsky...
Full Story »
12y ago from Crash.net 0
Share

You May Also Be Interested In...

Ecclestone gets $30m boost in High Court trial

Formula One boss Bernie Ecclestone will be giving evidence at London's...
12y ago from Pitpass.com

Ecclestone accused of corruption as High Court case...

Bernie Ecclestone is facing accusations of being involved in a corrupt...
12y ago from espnF1.com

Ecclestone made 'corrupt agreement'

F1 boss Bernie Ecclestone was accused of making a 'corrupt agreement', at...
12y ago from GPUpdate.net

Ecclestone accused of ‘corrupt bargain’

The opening day of proceedings in the civil action against Bernie...
12y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Fabio Di Giannantonio secures pole position on...

VR46 Ducati's Fabio Di Giannantonio ended a four-year drought to claim...

Ai Ogura fastest in final Brazilian MotoGP practice

Trackhouse Racing rider Ai Ogura recorded the fastest time in the final...

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

Popular On GunnersToday.com

Pep Guardiola appears to confirm star man will not...

Manchester City boss Pep Guardiola has seemingly confirmed the...
4h ago from SportsKeeda.com

'Their guru is all about fouling the goalkeeper' -...

Graeme Souness has criticized Arsenal's set-piece tactics while also...
6h ago from SportsKeeda.com

Saturday round-up: Saka and Merse, modern football,...

Morning all. Let's have a quick Saturday round-up, because while obviously...
8h ago from Arseblog.com

Mikel Arteta provides fitness update on 2 key Arsenal...

Arsenal manager Mikel Arteta has hinted that Martin Odegaard and Jurrien...
10h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.