News Details
Ecclestone future hangs on trial verdict
Formula One boss Bernie Ecclestone has revealed that a £240m ($400m) lawsuit against him will get the red light if he wins a High Court trial which finished last month writes Christian Sylt in the Independent.German media rights firm Constantin Medien claimed in court that Ecclestone and his Bambino family trust paid a £26.7m ($44m) bribe to undervalue a 47.2% stake in F1 when it was sold by German bank BayernLB to private equity firm CVC in 2006. The money was paid to BayernLB banker Gerhard Gribkowsky and Constantin says that in return he steered the sale of F1 to CVC as it had agreed to retain Ecclestone as the boss of the sport.CVC bought the stake for £494.8m ($814m)...
Full Story »
Full Story »
11y ago from Pitpass.com
0
You May Also Be Interested In...
Ecclestone slams New Jersey organisers
– F1 boss Bernie Ecclestone has hit out at the organisers of the...
11y ago from GPUpdate.net
Ecclestone slams teams for double points criticism
At the end of last year the FIA dropped the bombshell that double points...
11y ago from Pitpass.com
Williams and McLaren accused Ecclestone of controlling...
In 2011 I wrote a news story for the Daily Telegraph sports section which...
11y ago from Pitpass.com
Exclusive: Permanent New Jersey F1 track has been...
Formula One boss Bernie Ecclestone has revealed that he considered holding...
11y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu hailed as ‘Casey Stoner 2.0’...
No description available...
22m ago from Motorsport.com
Marc Marquez just one win away from 100 and three from...
No description available...
2d ago from Motorsport.com
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
3d ago from Motorsport.com
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
6d ago from Motorsport.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
5d ago from MotorsportWeek.c...
Top five memorable drives of the 2025 IndyCar season
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 3: Ford dominant as Mitch Guthrie...
No description available...
1h ago from Motorsport.com
Toyota reveals striking new 2026 WRC challenger
No description available...
4h ago from Motorsport.com
Toyota nominates Oliver Solberg to score manufacturer...
No description available...
21h ago from Motorsport.com
Dakar 2026, Stage 2: Toyota scores 1-2-3-4-5 but...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Paul Merson predicts Arsenal vs Liverpool and other...
A lot has changed in the Premier League over the course of the last few...
22m ago from SportsKeeda.com
Chelsea face fight with Arsenal, Liverpool & Man...
Chelsea are interested in signing the Rennes defender, Jeremy Jacquet....
6h ago from CaughtOffside.com
External arrogance : Rice backs Vik
Morning all. There's a little calm before the storm feeling about today,...
7h ago from Arseblog.com
Sources: Attacker wanted by Arsenal & Man United...
Borussia Dortmund’s decision to place Karim Adeyemi on the transfer...
8h ago from CaughtOffside.com
Comments
Hottest News
Fernando Alonso gets behind wheel of Adrian Newey Aston...
Fernando Alonso has taken to the track to try out... Read More »
3h ago from GPFans.com
Ferrari set to use two different cars to start 2026
Fred Vasseur's Ferrari F1 team are set to use two... Read More »
2h ago from GPFans.com
Ferrari take on new power unit partnership in stunning...
Ferrari have reportedly started a new power unit... Read More »
6h ago from GPFans.com
