News Details

Ecclestone expected in court

Bernie Ecclestone is expected to take the stand in London's High Court sometime today [Wednesday] as Constantin Medien's case against him and three fellow defendants continues.The civil case hopes to determine whether Ecclestone's family trust paid a £27m bribe to now disgraced German banker Gerhard Gribkowsky in a bid to smooth the sale of F1's commercial rights to current owner CVC. Constantin had a financial interest in F1 prior to CVC's involvement, thanks to an agreement that said it would receive ten per cent if the stake was sold for more than $1.1bn. When CVC paid $814m, it received nothing and alleges that Ecclestone conspired with Gribkowsky to undervalue the holding.Gribkowsky...
Full Story »
11y ago from Crash.net 0
Share

You May Also Be Interested In...

Ecclestone gets $30m boost in High Court trial

Formula One boss Bernie Ecclestone will be giving evidence at London's...
11y ago from Pitpass.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

Ecclestone made 'corrupt agreement'

F1 boss Bernie Ecclestone was accused of making a 'corrupt agreement', at...
11y ago from GPUpdate.net

Ecclestone accused of ‘corrupt bargain’

The opening day of proceedings in the civil action against Bernie...
11y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Pedro Acosta reveals how ‘disaster’ Saturday...

Pedro Acosta revealed “KTM is improving in every race” after taking...

Marc Marquez: ‘Not normal to win every weekend’...

Marc Marquez admits “it’s not normal to win every weekend” despite...

Popular On IndyCarToday.com

Red Bull eyeing F1 drive for IndyCar champion Alex...

Red Bull is eyeing a move for IndyCar champion Alex Palou to join Max...

IndyCar Milwaukee – Race Results

The NTT IndyCar Series tackled the historic Milwaukee Mile on Sunday,...

Popular On TotalWRC.com

Popular On GunnersToday.com

'He's got ability where you just can't teach it' -...

Arsenal hero Theo Walcott has compared teenager Max Dowman to Barcelona...
1h ago from SportsKeeda.com

Report: Arsenal told to raise their offer by 5 million...

Arsenal are reportedly interested in signing the Palmeiras defender...
46m ago from CaughtOffside.com

Report: Arsenal in pole position to sign rival target...

Arsenal are hoping to improve their defensive unit with the signing of...
1h ago from CaughtOffside.com

Kai Havertz ruled out of Arsenal and Germany games and...

t;li>Forward sustained knee injury at Manchester UnitedArsenal must...
5h 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.