News Details
F1 boss rejects 'corrupt' sale claim
A damages claim against Formula 1 boss Bernie Ecclestone relies on the confessions of a 'fantasist' jailed banker, the High Court has been told. German media company Constantin Medien alleges that Mr Ecclestone deliberately undervalued F1 when BayernLB bank sold its 47% stake in the sport in 2005. Robert Miles QC, representing the Formula 1 chief executive, said: 'This is a case that simply does not add up.' Constantin said it lost out in the deal and is seeking about £90m in damages. 'Absolutely delighted' Mr Miles said his client would have had no interest in undervaluing F1 because Mr Ecclestone's family was selling its own 25% stake at the same price. Mr Ecclestone rejects Constantin's...
Full Story »
Full Story »
You May Also Be Interested In...
Ecclestone made 'corrupt agreement'
F1 boss Bernie Ecclestone was accused of making a 'corrupt agreement', at...
11y ago from GPUpdate.net
Court case against Ecclestone over F1 sale starts
Formula One boss Bernie Ecclestone was accused of making a "corrupt...
11y ago from SuperSport.com
Ecclestone accused of corruption as High Court case...
Bernie Ecclestone is facing accusations of being involved in a corrupt...
11y ago from espnF1.com
cclestone accused of 'corrupt bargain' in F1 sale
LONDON, Oct 29, 2013 (AFP) - Formula One chief Bernie Ecclestone...
11y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller on 2026 MotoGP plans: ‘Your guess is...
Four-time MotoGP race winner Jack Miller is waiting for an answer from...
1h ago from MotorsportWeek.c...
Marc Marquez quickest in first MotoGP practice at...
Distant championship leader Marc Marquez continued his dominance by...
2h ago from MotorsportWeek.c...
Jack Miller has “options outside of Yamaha” as...
No description available...
22h ago from Motorsport.com
Aleix Espargaro out of MotoGP Hungarian GP after...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
PREMA adapting European approach to better suit IndyCar
PREMA has nearly completed its first season fielding a pair of entries in...
23h ago from MotorsportWeek.c...
NASCAR Trucks to join IndyCar for St. Petersburg race...
The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...
1d ago from MotorsportWeek.c...
Mexico IndyCar race edges closer as officials visit...
No description available...
1d ago from Motorsport.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
22h ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Documents signed: Fabrizio Romano explains whether...
All the documents have reportedly been signed for Eberechi Eze to complete...
48m ago from CaughtOffside.com
29 G/A star tipped to attract Liverpool, Arsenal...
Aston Villa attacking midfielder Morgan Rogers has been tipped to attract...
2h ago from CaughtOffside.com
Can Arsenal be stopped from corners?
The warning signs were there for Manchester United before Arsenal struck.
4h ago from SkySports.com
Report: Arsenal set to announce Eberechi Eze signing...
Arsenal are set to confirm the signing of Eberechi Eze today, with the...
4h ago from FreshArsenal.com
Comments
Hottest News
Ford all set to launch Red Bull takeover
Ford are beefing up their involvement in Formula... Read More »
5h ago from GPFans.com
Adrian Newey leaves Fernando Alonso stunned: 'It's...
Aston Martin has signed Adrian Newey to head its... Read More »
2h ago from RacingNews365.com
Caterham revival part of bid to be 12th team in Formula 1
Caterham could return to the Formula 1 grid in... Read More »
1h ago from GrandPrix247.com
