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 1. 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, whose grip on the glamorous sport is being threatened by the case, is accused of making a 'corrupt bargain' with Gerhard Gribkowsky of BayernLB. Gribkowsky was allegedly paid $44 million after ensuring the bank's 47 percent stake was sold in 2005 to a buyer of Ecclestone's choosing, investment group CVC Capital...
Full Story »
Full Story »
12y ago from F1Pulse.com
0
You May Also Be Interested In...
Ecclestone takes the stand in F1 payment case
Bernie Ecclestone defended himself Wednesday at the High Court in London...
12y ago from SuperSport.com
Bernie takes the stand in payment case
Bernie Ecclestone defended himself at the High Court in London on...
12y ago from PlanetF1.com
Ecclestone in the dock over 'corrupt bargain'
Sutton Images Enlarge Bernie Ecclestone has appeared at the High Court...
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
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales “mentally stronger” than ever...
No description available...
8h ago from Motorsport.com
Francesco Bagnaia’s slump “all in his head” amid...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
1d ago from MotorsportWeek.c...
Supersub Pol Espargaro deserves to be full-time MotoGP...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
6h ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
6h ago from Motorsport.com
Tony Kanaan praises FIA for revising IndyCar...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
FIA reveals final details of WRC 2027 regulations
No description available...
1d ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
1d ago from Motorsport.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
6d ago from Motorsport.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal keeping close tabs on 24-year-old...
Arsenal are keeping tabs on the Borussia Dortmund goalkeeper Diant Ramaj....
1h ago from CaughtOffside.com
'I had an offer from Arsenal': Premier League winner...
Former Swiss International midfielder Gokhan Inler has now revealed that...
2h ago from CaughtOffside.com
Report: Liverpool ready to pay big-money to sign...
Liverpool continue to push for Yan Diomande, and they are now accelerating...
2h ago from CaughtOffside.com
Comments
Hottest News
Mercedes puts F1 customer teams on notice with bombshell...
Mercedes boss Toto Wolff has put its three... Read More »
13h ago from MotorsportWeek.com
Helmut Marko addresses rumours he was 'pressured' to leave...
Red Bull F1 legend Helmut Marko has addressed... Read More »
1h ago from GPFans.com
Lewis Hamilton's Dad may have just set up Ferrari star's F1...
Seven-time F1 world champion Lewis Hamilton may... Read More »
4h ago from GPFans.com
