News Details
German bank rejects Bernie's offer
Bernie Ecclestone's legal woes may not be over after Munich-based bank BayernLB rejected his 25 million euro settlement offer.
Last week he avoided the possibility of a jail term in Germany when he paid $100 million for his bribery case to be dropped.
The case related to allegations that the Brit had bribed former banker Gerhard Gribkowsky to facilitate the sale of F1 to CVC in 2006.
The state prosecutor revealed that Ecclestone's advanced age, 83, as well as other circumstances supported the acceptance of a settlement.
However, his troubles may not be over.
On Friday, German bank BayernLB, who allege Ecclestone undervalued F1's worth in the sale of its shares to CVC, rejected his offer of...
Full Story »
Full Story »
11y ago from PlanetF1.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
Ecclestone set for $100-million settlement
Formula One tycoon Bernie Ecclestone is heading for a $100 million...
11y ago from SuperSport.com
Ecclestone trial set to end after settlement
– Formula 1 supremo Bernie Ecclestone has agreed a settlement worth...
11y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Senior Honda MotoGP executive exits as HRC restructure...
No description available...
9h ago from Motorsport.com
All the records Marc Marquez can break in MotoGP 2026
No description available...
12h ago from Motorsport.com
MotoGP to set minimum salary for riders from 2027
No description available...
1d ago from Motorsport.com
Honda stuck at "similar potential" to 2025...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
PREMA confirmed to miss opening IndyCar round
PREMA will not be present for this weekend’s season-opening round of...
6h ago from MotorsportWeek.c...
Marcus Ericsson going into 2026 season with “chip on...
No description available...
5h ago from Motorsport.com
Ed Carpenter Racing enter technical partnership with...
No description available...
5h ago from Motorsport.com
Ticket design for 110th Indianapolis 500 unveiled
The ticket design for this upcoming May’s 110th running of the...
6h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
10h ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool, Arsenal, Man Utd scouts busy as 18-year-old...
Liverpool, Arsenal and Manchester United are interested in signing the...
1h ago from CaughtOffside.com
Arsenal could renew interest in 250k-a-week 'machine',...
Leon Goretzka continues to be linked with a move away from Bayern Munich...
5h ago from CaughtOffside.com
Pitch Points: Bodø/Glimt give us hope for the future;...
world of soccer throws up no shortage of questions. Today, Graham Ruthven...
4h ago from TheGuardian.com
Martin Odegaard warned his place in starting XI no...
Arsenal’s emphatic 4-1 victory over Tottenham has not only reignited...
16h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton and Ferrari F1 under threat at Australian GP...
Lewis Hamilton's Ferrari F1 team may have been on... Read More »
1h ago from GPFans.com
Aston Martin handed 'no miracle cure' warning after Honda...
After days of investigation, RacingNews365... Read More »
3h ago from RacingNews365.com
Max Verstappen slammed by F1 icon - 'someone else will...
Max Verstappen's hostile views of 2026 F1 cars... Read More »
1h ago from GPFans.com
