News Details
Ecclestone takes the stand in F1 payment case
Bernie Ecclestone defended himself Wednesday at the High Court in London against allegations he made a "corrupt" payment to protect his position running Formula One. Former F1 shareholder Constantin Medien, a German media company, is suing Ecclestone and other defendants for up to $144 million, claiming F1 was undervalued at the time the BayernLB bank sold its stake. Ecclestone is accused of making a "corrupt bargain" with BayernLB's Gerhard Gribkowsky, paying $44 million to ensure the bank's 47 percent stake was sold in 2005 to a buyer of Ecclestone's choosing, investment group CVC Capital Partners. In the second week of the civil trial, the 82-year-old Ecclestone...
Full Story »
Full Story »
11y ago from SuperSport.com
0
You May Also Be Interested In...
Ecclestone in the dock over 'corrupt bargain'
Sutton Images Enlarge Bernie Ecclestone has appeared at the High Court...
11y ago from espnF1.com
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
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
Manu González to make MotoGP debut with Aprilia...
No description available...
16h ago from Motorsport.com
Marc Marquez explains how he stopped taking “too...
No description available...
17h ago from Motorsport.com
Fabio Quartararo laments “unrideable” Yamaha bike...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
Detroit GP expected to remain downtown amid potential...
Following the conclusion of the Detroit Grand Prix, organizers have...
2d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
5d 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...
5d 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...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
13h ago from Motorsport.com
Ogier in charge on WRC Italia Sardegna
Sébastien Ogier stretched his Rally Italia Sardegna lead on Saturday...
13h ago from MotorsportWeek.c...
Sebastien Ogier survives brutal Sardinia Saturday with...
No description available...
17h ago from Motorsport.com
Sebastien Ogier leads Rally Sardinia as Adrien...
No description available...
23h ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid planning to hijack 60m Arsenal deal
Arsenal look to have already sewn up their first signing of the summer,...
54m ago from CaughtOffside.com
Sources: Arsenal, Man United & Chelsea to battle...
Premier League clubs are stepping up their efforts to sign up FC Porto's...
3h ago from CaughtOffside.com
Kepa deal should provide some goalkeeping stability
Morning. A very quick Sunday blog. It looks like the Kepa deal is going to...
2h ago from Arseblog.com
Chelsea's 65 million target open to joining Arsenal -...
Spain forward Nico Williams is reportedly open to a move to Arsenal this...
15h ago from SportsKeeda.com
Comments
Hottest News
Steiner in talks for racing comeback in unexpected setting
Former Haas F1 team principal Guenther Steiner... Read More »
1h ago from F1i.com
F1 champion selling incredible £58m mansion
Want to buy a house off a Formula 1 world... Read More »
1h ago from GPFans.com
Lewis Hamilton: F1’s newer circuits ‘90 per cent...
Lewis Hamilton is pessimistic about Madrid's... Read More »
34m ago from MotorsportWeek.com
