News Details

Ecclestone moves to end German lawsuit early

– Formula 1 supremo Bernie Ecclestone has offered to pay BayernLB £20 million if it drops the bribery case against him, his defence lawyers have said.According to reports by Bloomberg, Ecclestone is finding the lawsuit "highly burdensome" and wants to bring the matter to a close as swiftly as possible. It is not due to finish until October.The deal has still to be discussed, although as it is a criminal case it will be up to the judge to decide if the charges are dismissed.Ecclestone has been on trial in Munich since April.The case concerns a payment made by the 83-year-old to an employee of German bank BayernLB in the lead up to the sale of Formula 1 to current owners CVC...
Full Story »
11y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Ecclestone offers EUR 25m to settle bribery case

Bernie Ecclestone is willing to pay EUR 25 million to settle the...
11y ago from GrandPrix.com

Zetsche: Why does Ecclestone do everything alone?

Dieter Zetsche with Bernie Ecclestone Dieter Zetsche, the chairman of...
11y ago from GrandPrix247.com

Mercedes parent Daimler wants Ecclestone to give up F1...

Mercedes parent Daimler wants Ecclestone to give up F1 marketingPosted On...
11y ago from ThisIsF1.com

F1 to look at rules to stop negativity says Ecclestone

Bernie Ecclestone Formula 1 chief executive Bernie Ecclestone thinks...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Alex Marquez tops the timesheets in second Portugal...

Alex Marquez once again set the pace as he secured top spot in the second...

Toprak Razgatlioglu ‘not worried' about...

Toprak Razgatlioglu isn’t concerned about Yamaha’s shortcomings ahead...
13h ago from MotorsportWeek.c...

MotoGP legend Casey Stoner reveals his limitations...

MotoGP icon Casey Stoner revealed he “didn’t have the confidence”...
15h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Caio Collet advances up to IndyCar with AJ Foyt Racing

AJ Foyt Racing has announced that Caio Collet will drive for the team in...

McLaren’s lawsuit against IndyCar champ Alex Palou...

The lengthy court battle between McLaren and Alex Palou is nearing a...

Kyle Kirkwood signs multi-year IndyCar extension with...

Andretti Global has announced that Kyle Kirkwood has signed an extension...

Popular On TotalWRC.com

Sebastien Ogier heads Toyota 1-2-3

Sebastien Ogier and Vincent Landais closed out the first full day of...

Popular On GunnersToday.com

'Maybe it happens for the right reason' - Mikel Arteta...

Arsenal boss Mikel Arteta has sent an encouraging message to Myles...
20m ago from SportsKeeda.com

'Things change' – Mikel Arteta names the Arsenal...

Arsenal manager Mikel Arteta has heaped praise onto goalkeeper David Raya...
3h ago from CaughtOffside.com

‘I have to be alert’: Raya’s unbeaten run goes...

lkeeper is staying grounded despite club equalling clean sheets record...
6h ago from TheGuardian.com

'We are in early November and you cannot win the...

Manchester City manager Pep Guardiola is adamant that Arsenal have not...
7h 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.