News Details

F1 boss Ecclestone pays to end trial

A German court has agreed to end the bribery trial of Formula 1 boss Bernie Ecclestone in exchange for a $100m (£60m) payment from him. Mr Ecclestone's offer was based on an existing provision in German law. Earlier on Tuesday German prosecutors accepted the offer from the 83-year-old billionaire who dominates motor racing. He went on trial in April, accused of paying a German banker 33m euros (£26m; $44m) to ensure that a company he favoured could buy a stake in F1. He denies wrongdoing. The ruling means he walks free from the district court in Munich and can continue running the sport. It also means Mr Ecclestone is found neither guilty nor innocent. His personal wealth is put at $4.2bn...
Full Story »
11y ago from BBC.co.uk 0
Share

You May Also Be Interested In...

Ecclestone make $100m payment, confirms court

A German court says Bernie Ecclestone has made the $100 million payment...
11y ago from F1Pulse.com

Ecclestone pays up

Bernie Ecclestone's legal troubles are behind him as a German court has...
11y ago from PlanetF1.com

Ecclestone settled case for good of F1 says lawyer

Bernie Ecclestone ended his bribery trial with a record $100 million...
11y ago from GrandPrix.com

Lawyer says Ecclestone paid $100 million for good of F1

Lawyer Sven Thomas with his client Bernie Ecclestone Formula 1 supremo...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar updates tire rules for 2026 season

Among a few changes coming for the 2026 NTT IndyCar Series season, a new...
16h ago from MotorsportWeek.c...

IndyCar introduces safety flaps to prevent airborne...

The NTT IndyCar series has detailed a new addition to cars competing in...
18h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

'He’s not influential anymore' - Frank Leboeuf asks...

Former Chelsea centre-back and N pundit Frank Leboeuf reckons Arsenal...
47m ago from SportsKeeda.com

Noni Madueke backs Arsenal’s push to tackle knife...

land forward was among Arsenal heroes in attendance at event commemorating...
1h ago from TheGuardian.com

Fatigue has shaped the balance and madness of...

ever-increasing number of games, combined with financial regulation, has...
1h ago from TheGuardian.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.