News Details

Bernie plays £60m get out of jail card

Bernie Ecclestone's long, drawn-out bribery trial is nearly over after the F1 boss agreed to a £60 million ($100 million) out-of-court settlement. Bavarian state prosecutors confirmed to the district Munich court on Tuesday that the sport's commercial rights holder has offered to make the payment, believed to be the largest in German legal history. The 83-year-old Ecclestone was accused of bribing former banker Gerhard Gribkowsky during the sale of a major stake in the motor sport business eight years ago. The trial started in April and was expected to drag on, but a settlement has now been reached with the state prosecutor revealing that Ecclestone's advanced age and other...
Full Story »
10y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Bernie plays £60m get out of jail free card

Bernie Ecclestone's long, drawn-out bribery trial is nearly over after...
10y ago from PlanetF1.com

Ecclestone trial set to end after settlement

– Formula 1 supremo Bernie Ecclestone has agreed a settlement worth...
10y ago from GPUpdate.net

Ecclestone bribery trial set for $100m settlement

Bernie Ecclestone has been attending the German court since April this...
10y ago from espnF1.com

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
10y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin admits 'huge challenge' to win MotoGP...

Reigning world champion Jorge Martin admits it will be a “huge...
14h ago from MotorsportWeek.c...

Maverick Vinales: ‘I’d already be MotoGP...

Maverick Vinales believes he would have already become a MotoGP world...

Popular On IndyCarToday.com

Marco Andretti secures ride for 20th Indy 500 start

Andretti Global confirmed on Tuesday that it will field a fourth car in...

Popular On TotalWRC.com

Popular On GunnersToday.com

FA Cup third round: 10 things to look out for this...

rington face the ultimate test, long throws await Spurs and there’s a...
4h ago from TheGuardian.com

Arsenal told to pay extra £10m for January transfer...

Arsenal signing Manchester United attacker Marcus Rashford would be too...
13h ago from SportsMole.co.uk

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.