News Details

Ecclestone goes sailing after $100m settlement

Bernie Ecclestone's yacht Petara Formula 1 supremo Bernie Ecclestone's bribery trial and charges have been officially dropped, after he lodged his headline grabbing $100 million settlement with Munich authorities, and he promptly set sail for a holiday. After the deal was announced recently, the 83-year-old Briton had one week to actually pay the funds – $99 million to the Bavarian state, and $1 million to a German children's charity. 'After the payment of the agreed amount to the recipients, the court ceased criminal proceedings', Munich spokeswoman Margarete Notzel confirmed to the German news agency DPA. Ecclestone is celebrating the end of proceedings by holidaying aboard his...
Full Story »
11y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Ecclestone trial to end after settlement

– Bernie Ecclestone's bribery trial will come to an end after the...
11y ago from GPUpdate.net

Bank rejects Ecclestone's compensation offer

Bernie Ecclestone with Gerhard Gribkowsky Formula 1 supremo Bernie...
11y ago from GrandPrix247.com

German bank rejects £33m Ecclestone settlement offer

Getty Images Enlarge German bank BayernLB has rejected a settlement...
11y ago from espnF1.com

Charity surprised by $1 million Ecclestone payment

Bernie Ecclestone in court Officials of a German children's charity were...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin reveals how Marco Bezzecchi pushed him...

Jorge Martin admits that Aprilia team-mate Marco Bezzecchi is pushing him...
15h ago from MotorsportWeek.c...

Francesco Bagnaia: MotoGP should hold a test before...

Francesco Bagnaia has called on MotoGP to hold a test before racing at a...
17h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

“I really like Arsenal”: 11-G/A star issues...

Brazilian attacker Luiz Henrique has been linked with a move to Arsenal in...
7h ago from CaughtOffside.com

Liverpool in contact with reps of 40-G/A star as...

Real Madrid playmaker Arda Guler continues to be linked with a move away...
14h ago from CaughtOffside.com

Arsenal keen on signing teenage Bundesliga striker to...

Arsenal are allegedly interested in signing Bayer Leverkusen star...
15h ago from SportsKeeda.com

'I'm thinking about…' – Man United,...

Nottingham Forest central midfielder Elliot Anderson insists he's only...
23h ago from CaughtOffside.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.