News Details
Ecclestone takes the stand in F1 payment case
Bernie Ecclestone defended himself Wednesday at the High Court in London against allegations he made a 'corrupt' payment to protect his position running Formula 1. Former F1 shareholder Constantin Medien, a German media company, is suing Ecclestone and other defendants for up to $144 million, claiming F1 was undervalued at the time the BayernLB bank sold its stake. Ecclestone, whose grip on the glamorous sport is being threatened by the case, is accused of making a 'corrupt bargain' with Gerhard Gribkowsky of BayernLB. Gribkowsky was allegedly paid $44 million after ensuring the bank's 47 percent stake was sold in 2005 to a buyer of Ecclestone's choosing, investment group CVC Capital...
Full Story »
Full Story »
12y ago from F1Pulse.com
0
You May Also Be Interested In...
Ecclestone takes the stand in F1 payment case
Bernie Ecclestone defended himself Wednesday at the High Court in London...
12y ago from SuperSport.com
Bernie takes the stand in payment case
Bernie Ecclestone defended himself at the High Court in London on...
12y ago from PlanetF1.com
Ecclestone in the dock over 'corrupt bargain'
Sutton Images Enlarge Bernie Ecclestone has appeared at the High Court...
12y ago from espnF1.com
Ecclestone made 'corrupt agreement'
F1 boss Bernie Ecclestone was accused of making a 'corrupt agreement', at...
12y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
8h ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
10h ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
1d ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
1d 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...
1d ago from MotorsportWeek.c...
Conor Daly set for Indy 500 run with Dreyer & Reinbold...
No description available...
1d ago from Motorsport.com
Winners and losers from an action-packed IndyCar race...
No description available...
2d 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...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Safari Rally Kenya: Oliver Solberg heads Toyota...
No description available...
2h ago from Motorsport.com
Oliver Solberg storms into Safari Rally Kenya lead
Kenya. Storms. Rain. Mud. With just two stages on Thursday’s itinerary,...
1h ago from MotorsportWeek.c...
Why Safari Rally Kenya will be more of a lottery than...
No description available...
10h ago from Motorsport.com
Hankook introduces new WRC tyre at Safari Rally Kenya
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Star will be sold below 95m clause as Man United,...
Nico Williams has been linked with a move away from Athletic Club Bilbao...
26m ago from CaughtOffside.com
Tottenham ready to revive move for PSG ace as Arsenal...
Tottenham Hotspur are interested in signing the PSG attacker Lee Kang-In...
2h ago from CaughtOffside.com
Arsenal and Liverpool lead race for Bundesliga gem...
Arsenal and Liverpool are interested in signing the VfB Stuttgart defender...
2h ago from CaughtOffside.com
Joao Pedro's former teammate claims he 'wouldn't be...
Chelsea forward Joao Pedro's former teammate, Keinan Davis, has stated...
3h ago from SportsKeeda.com
Comments
Hottest News
Kimi Antonelli reveals 'super cool' ambition alongside Max...
You get the impression there is a queue of... Read More »
56m ago from RacingNews365.com
Fred Vasseur claims 'Ferrari would have won F1 title' if...
Ferrari team principal Fred Vasseur has pointed... Read More »
10h ago from GPFans.com
Carlos Sainz issues fierce F1 warning over 'big crash'
A close call occurred between two F1 drivers at... Read More »
1h ago from RacingNews365.com
