News Details
Bank rejects Ecclestone's compensation offer
Bernie Ecclestone with Gerhard Gribkowsky
Formula 1 supremo Bernie Ecclestone's legal troubles are not yet over.
Before he ended his corruption trial in Munich by agreeing to pay $100 million to the Bavarian state, it emerged that Ecclestone was also willing to compensate the state-controlled bank BayernLB to the tune of 25 million.
It was reported that the compensation offer to the bank, a former shareholder of Formula 1′s commercial rights, was valid only until last Friday.
One of Ecclestone's lawyers said at the time that the 25 million offer was not an admission of guilt, nor compensation for any alleged damage done to BayernLB through the disputed $44 million payment to jailed...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
German Bank Rejects $33m Offer from F1 boss Bernie...
German Bank Rejects $33m Offer from F1 boss Bernie EcclestonePosted On 08...
11y ago from ThisIsF1.com
Ecclestone offer rejected by German bank
German bank BayernLB has turned down a £20 million settlement offer from...
11y ago from Crash.net
German bank rejects Bernie's offer
Bernie Ecclestone's legal woes may not be over after Munich-based bank...
11y ago from PlanetF1.com
German bank rejects £33m Ecclestone settlement offer
Getty Images Enlarge German bank BayernLB has rejected a settlement...
11y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Why Guenther Steiner doesn’t expect Liberty to copy...
No description available...
11h ago from Motorsport.com
Alex Rins explains Fabio Quartararo's edge on other...
No description available...
1d ago from Motorsport.com
Marc Marquez sets 'same lap time’ with 2024 and 2025...
No description available...
2d ago from Motorsport.com
Alex Marquez to receive factory-spec Ducati for 2026...
Alex Marquez is set to be rewarded for his 2025 MotoGP efforts and...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Team Penske places David Malukas in the iconic #12...
Team Penske has announced that David Malukas will be joining the team and...
3d ago from MotorsportWeek.c...
Team Penske signs David Malukas in multiyear IndyCar...
No description available...
3d ago from Motorsport.com
Zak Brown addresses three areas IndyCar can improve
McLaren CEO Zak Brown penned an open letter on Monday outlining his...
6d ago from MotorsportWeek.c...
The good, bad, and ugly of IndyCar's 2026 schedule
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why Elfyn Evans claims "everything is open"...
No description available...
6d ago from Motorsport.com
Oliver Solberg wants “full season in WRC” after...
No description available...
1w ago from Motorsport.com
Kalle Rovanpera: We need wins for WRC title chance...
No description available...
6d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsecast Extra Episode 659 – 21.09.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
54m ago from Arseblog.com
Arsenal 1-1 Manchester City: Premier League – as it...
riel Martinelli’s injury-time goal cancelled out a beauty from Erling...
3h ago from TheGuardian.com
Guardiola praises Manchester City’s ‘fantastic’...
t;li>Manager pleased with ‘resilience’ of his ‘transition...
2h ago from TheGuardian.com
'I don't want to' – Arsenal star fires warning...
Arsenal forward Gabriel Martinelli was on the scoresheet once again, but...
3h ago from CaughtOffside.com
Comments
Hottest News
F1 2025 Azerbaijan Grand Prix – Race Results
Max Verstappen won the Formula 1 Azerbaijan... Read More »
9h ago from MotorsportWeek.com
Lewis Hamilton can take huge boost after shock F1 podium
A shock podium at the Azerbaijan Grand Prix can... Read More »
8h ago from GPFans.com
'Lewis Hamilton checkmate!' F1 fans react after Ferrari...
Lewis Hamilton and Charles Leclerc’s chess saga... Read More »
1h ago from GPFans.com