News Details
Court case against Ecclestone over F1 sale starts
Formula One boss Bernie Ecclestone was accused of making a "corrupt bargain" that cost a German media firm millions in a London court on Tuesday, one of multiple legal challenges that threaten his control of the motor sport. Constantin Medien is seeking more than $100 million in damages from Ecclestone, arguing that he and three other defendants deliberately undervalued Formula One when private equity fund CVC Capital Partners bought into the business in 2005. A sports-focused media group, Constantin Medien had an interest in the sale of German bank BayernLB's stake in the motor sport to CVC, and Constantin says it lost out as a result of the undervaluation. The legal fallout...
Full Story »
Full Story »
12y ago from SuperSport.com
0
You May Also Be Interested In...
Court hears ‘a corrupt bargain was made between...
Court hears ‘a corrupt bargain was made between Mr Gribkowsky and...
12y ago from GrandPrix247.com
German media firm seeks damages from Ecclestone for F1...
German media firm seeks damages from Ecclestone for F1 sale 26 October,...
12y ago from GrandPrix247.com
cclestone accused of 'corrupt bargain' in F1 sale
LONDON, Oct 29, 2013 (AFP) - Formula One chief Bernie Ecclestone...
12y ago from F1Plus.com
Ecclestone back in court
F1 overseer Bernie Ecclestone will return to the courtroom, in name at...
12y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
10h ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
11h ago from Motorsport.com
VR46 approached by Aprilia for 2027 but new Ducati...
No description available...
1d ago from Motorsport.com
Jerez hosts three days of private MotoGP testing with...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Conor Daly snags Indy 500 ride with Dreyer and Reinbold
Dreyer and Reinbold Racing has announced that Conor Daly will drive for...
6h ago from MotorsportWeek.c...
Conor Daly set for Indy 500 run with Dreyer & Reinbold...
No description available...
6h ago from Motorsport.com
Winners and losers from an action-packed IndyCar race...
No description available...
1d ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hankook introduces new WRC tyre at Safari Rally Kenya
No description available...
6h ago from Motorsport.com
Toyota tips Hyundai to fight back in WRC 2026
No description available...
1d ago from Motorsport.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
2d ago from Motorsport.com
Why Hyundai WRC team is "working at 120 per...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'Absolutely disgraceful', 'He is so washed' - Fans...
Some Arsenal fans have slammed Bukayo Saka for his performance in their...
59m ago from SportsKeeda.com
Arsenal eye 35m elite dribbler with 17-G/A this season...
Arsenal are looking to improve their attacking unit by signing Anis Hadj...
49m ago from CaughtOffside.com
'I'm very happy…': £34m star reacts to transfer...
Frankfurt defender Nnamdi Collins has been linked with a move away from...
1h ago from CaughtOffside.com
Bayer Leverkusen manager’s savage reaction after his...
Bayer Leverkusen scored from a corner against Arsenal to take a 1-0 lead...
1h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin F1 team 'on their knees' as Newey opens up on...
Adrian Newey has opened up about the sheer... Read More »
1h ago from GPFans.com
Fernando Alonso reveals Aston Martin are 'still short on...
Aston Martin F1 star Fernando Alonso has warned... Read More »
59m ago from GPFans.com
Williams 'shocked' by clever Mercedes trick in new F1...
Williams is one of four teams using a supply of... Read More »
4h ago from RacingNews365.com
