News Details

Ecclestone set for $100-million settlement

Formula One tycoon Bernie Ecclestone is heading for a $100 million settlement to halt his bribery trial in Germany, local media reported at the weekend. The 83-year-old Briton upped his offer to secure a deal, according to reports which said if it goes ahead it would the biggest of its kind. The Munich court where the trial is due to resume on Tuesday has told witnesses scheduled to give testimony this week not to bother to turn up. Ecclestone went on trial in April on charges of paying a $44-million bribe to a BayernLB bank executive for help in maintaining his four-decade grip on Formula One. He increased an offer to pay the Bavarian authorities $100 million to settle the case from an...
Full Story »
11y ago from SuperSport.com 0
Share

You May Also Be Interested In...

Ecclestone seeks settlement to end bribery trial

Bernie Ecclestone's lawyers say he is willing to pay a £20 million...
11y ago from Crash.net

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
11y ago from ThisIsF1.com

Ecclestone to pay $100 million to avoid jail and...

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

Ecclestone to keep F1 job after $100m court deal

Ecclestone to keep F1 job after $100m court dealPosted On 02 Aug 2014By :...
11y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Will Power released after 17 years with Team Penske

Team Penske has parted ways with veteran IndyCar driver Will Power, the...

Scott McLaughlin praises Kyffin Simpson after titanic...

Two Team Penske drivers finished on the podium in IndyCar’s season...

Popular On TotalWRC.com

Popular On GunnersToday.com

Piero Hincapie reveals what Granit Xhaka told him...

New Arsenal signing Piero Hincapie has admitted he spoke to former Gunner...
7h ago from SportsKeeda.com

8 signings, 11 outgoings: All the details from...

It has been a frantic summer at Arsenal as Andrea Berta has made his mark...
10h ago from FreshArsenal.com

Rio Ferdinand names best value for money signing this...

Pundit Rio Ferdinand has delivered his verdict on the signing of the...
11h 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.