News Details
Ecclestone takes the stand in F1 payment case
Bernie Ecclestone defended himself Wednesday at the High Court in London against allegations he made a 'corrupt' payment to protect his position running Formula 1. Former F1 shareholder Constantin Medien, a German media company, is suing Ecclestone and other defendants for up to $144 million, claiming F1 was undervalued at the time the BayernLB bank sold its stake. Ecclestone, whose grip on the glamorous sport is being threatened by the case, is accused of making a 'corrupt bargain' with Gerhard Gribkowsky of BayernLB. Gribkowsky was allegedly paid $44 million after ensuring the bank's 47 percent stake was sold in 2005 to a buyer of Ecclestone's choosing, investment group CVC Capital...
Full Story »
Full Story »
11y ago from F1Pulse.com
0
You May Also Be Interested In...
Ecclestone takes the stand in F1 payment case
Bernie Ecclestone defended himself Wednesday at the High Court in London...
11y ago from SuperSport.com
Bernie takes the stand in payment case
Bernie Ecclestone defended himself at the High Court in London on...
11y ago from PlanetF1.com
Ecclestone in the dock over 'corrupt bargain'
Sutton Images Enlarge Bernie Ecclestone has appeared at the High Court...
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
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Hungarian GP: Marc Marquez takes pole as Pedro...
No description available...
3h ago from Motorsport.com
Marc Marquez seals dominant pole in Balaton Park...
Marc Marquez dominated the first-ever Hungarian MotoGP qualifying session...
3h ago from MotorsportWeek.c...
Marc Marquez fastest in final Hungarian MotoGP practice
Marc Marquez claimed the fastest time to top the timesheets at the final...
4h ago from MotorsportWeek.c...
Marc Marquez cruises to MotoGP Sprint victory at...
Marc Marquez cruises to MotoGP Sprint victory at Balaton Park
The post...
12m ago from MotorsportWeek.c...
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...
2d ago from MotorsportWeek.c...
NASCAR Trucks to join IndyCar for St. Petersburg race...
The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...
2d ago from MotorsportWeek.c...
Mexico IndyCar race edges closer as officials visit...
No description available...
2d ago from Motorsport.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
1d 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...
1d ago from CaughtOffside.com
'We've done what we had to do' | Arteta explains...
Mikel Arteta claims that he's happy having as many quality players as...
2h ago from SkySports.com
Arteta on his desire to dig for Premier League gold...
Arsenal manager Mikel Arteta has reiterated his desire to "dig for...
4h ago from SkySports.com
Real Madrid rival Man United for 80m transfer after...
Real Madrid are reportedly ready to make Crystal Palace central midfielder...
7h ago from CaughtOffside.com
Comments
Hottest News
Cadillac complete F1 driver line-up with second signing
The Cadillac F1 team is taking shape as it has... Read More »
3h ago from RacingNews365.com
Norris on his $2 million treasure: ‘My favourite car of...
Lando Norris is best known for manhandling his... Read More »
3h ago from F1i.com
Mercedes discloses 2026 F1 cars could hit astonishing...
An increasingly talked-about subject, next... Read More »
3h ago from MotorsportWeek.com
