News Details
Ecclestone gets $30m boost in High Court trial
Formula One boss Bernie Ecclestone will be giving evidence at London's High Court today in the trial brought against him by German media firm Constantin Medien and it looks like he has good reason to be smug about it. Writing in the Independent, Pitpass' business editor Christian Sylt has revealed that the claim against him has been reduced by $30m to $140.4m which is not a bad way to start.Constantin claims that a 47.2% stake in F1 was undervalued when it was sold by German bank BayernLB (BLB) to current owner, the private equity firm CVC, in 2006.The lawsuit alleges that Ecclestone and his Bambino family trust paid a $44m bribe to BLB executive Gerhard Gribkowsky to steer the sale to CVC...
Full Story »
Full Story »
11y ago from Pitpass.com
0
You May Also Be Interested In...
F1 boss rejects 'corrupt' sale claim
A damages claim against Formula 1 boss Bernie Ecclestone relies on the...
11y ago from BBC.co.uk
Ecclestone accused of corruption as High Court case...
Bernie Ecclestone is facing accusations of being involved in a corrupt...
11y ago from espnF1.com
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
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller has “options outside of Yamaha” as...
No description available...
9h ago from Motorsport.com
Aleix Espargaro out of MotoGP Hungarian GP after...
No description available...
9h ago from Motorsport.com
Francesco Bagnaia will find his championship-winning...
No description available...
11h ago from Motorsport.com
Fabio Quartararo wants to test Yamaha’s V4 MotoGP...
No description available...
11h 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...
10h 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...
9h ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
6d 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
Premier League: 10 things to look out for this weekend
rs must forget Eze humiliation, Isak will be all the talk on Tyneside and...
57m ago from TheGuardian.com
It’s taken 14 years and £67.5m, but Eberechi Eze is...
stal Palace forward was released by club aged 13 and rejected by others...
2h ago from TheGuardian.com
Football transfer rumours: Kostas Tsimikas to...
No description available...
2h ago from TheGuardian.com
Battle with Arsenal for Eberechi Eze was a fight Spurs...
pite working on the transfer all summer Tottenham felt their north London...
2h ago from TheGuardian.com
Comments
Hottest News
Stroll stays as Alonso tipped for shock Aston Martin exit
Former F1 star Johnny Herbert has tipped Aston... Read More »
7h ago from GPFans.com
Carlos Sainz stages 'rescue' in summer break incident
F1 star Carlos Sainz has carried out an unusual... Read More »
4h ago from GPFans.com
F1 star says 'yes' to SPACE trip
Mercedes F1 star Kimi Antonelli has admitted he... Read More »
3h ago from GPFans.com
