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 »
11y 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...
11y ago from SuperSport.com
Bernie takes the stand in payment case
Bernie Ecclestone defended himself at the High Court in London on...
11y ago from PlanetF1.com
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
Elsewhere On The Network
Popular On MGPToday.com
Martin's big challenge: Emulating Rossi's 2004 win on...
No description available...
11h ago from Motorsport.com
Di Giannantonio will try to “annoy” Marquez and...
No description available...
6d ago from Motorsport.com
Yamaha supports Alex Rins amid tough 2024 MotoGP season
Yamaha has vocalised its support for Alex Rins, stating 'we know what he...
1d ago from MotorsportWeek.c...
What the rules say about MotoGP’s winter break
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
McLaren Racing has completed full acquisition of its...
McLaren Racing announced on Friday that it completed full acquisition of...
1d ago from MotorsportWeek.c...
McLaren Racing takes sole ownership of IndyCar program
No description available...
1d ago from Motorsport.com
IndyCar's top 5 storylines of the 2024 season
No description available...
4d ago from Motorsport.com
Counting down the top five best IndyCar races of 2024
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Al-Attiyah calls for changes to Dakar format after...
No description available...
6h ago from Motorsport.com
Toyota’s Quintero awarded Dakar Stage 1 win after...
No description available...
8h ago from Motorsport.com
Sainz struggles in "very difficult to guess"...
No description available...
7h ago from Motorsport.com
Dakar 2025, Stage 1: Mini overhauls Toyota as Ford,...
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
Brighton 1-1 Arsenal: Premier League – live
an Nwaneri scored for Arsenal on only his second Premier League start, but...
2h ago from TheGuardian.com
Brighton 1-1 Arsenal: Player Ratings as Ethan...
No description available...
3h ago from SportsKeeda.com
Arteta rages at Brighton penalty award: ‘I’ve...
t;li>João Pedro won and scored spot-kick in Arsenal draw‘When you...
2h ago from TheGuardian.com
Player ratings: Brighton 1-1 Arsenal
An Arsenal side, depleted through injury and illness were involved in a...
2h ago from FreshArsenal.com
Comments
Hottest News
Kelly Piquet reveals TWIN announcement
The partner of Formula 1 champion Max Verstappen... Read More »
2h ago from GPFans.com
Ricciardo handed surprise verdict as former F1 star lured...
Daniel Ricciardo's Formula 1 luck took a downturn... Read More »
1h ago from GPFans.com
McLaren chief issues statement over team SALE
McLaren CEO Zak Brown has issued a statement... Read More »
11h ago from GPFans.com
