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

Joan Mir reflects on ‘long, tiring journey' to...

Joan Mir and Honda celebrated their first MotoGP podium finish together...
16h ago from MotorsportWeek.c...

Pedro Acosta: Marc Marquez 2025 title ‘the...

Pedro Acosta believes Marc Marquez's 2025 MotoGP title triumph is the...

Popular On IndyCarToday.com

Mick Schumacher set for IndyCar test with RLL

Rahal Letterman Lanigan Racing has announced that it will bring in Mick...

Andretti hires ex-Penske director Ron Ruzewski as...

Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

Report: Man United favourites to land £80m-plus...

Manchester United are interested in signing the Juventus attacker Kenan...
7h ago from CaughtOffside.com

Official: Arsenal confirm William Saliba has signed a...

Arsenal have officially confirmed that star defender William Saliba has...
15h ago from CaughtOffside.com

Saliba says Arsenal have to ‘prove we are ready to...

t;li>Defender confirms new five-year deal at club‘My choice is to...
8h ago from TheGuardian.com

Saliba signs new long-term contract with Arsenal

William Saliba has signed a new long-term contract with Arsenal.
16h ago from SkySports.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.