News Details
German bank to join legal pursuit of Ecclestone?
The German bank at the centre of claims that Bernie Ecclestone bribed one of its officials to deliberately undervalue the price of F1 shares is expected to launch its own legal case against the F1 supremo.BayernLB sold its 47 per cent shareholding to private equity giant CVC in 2005, but claims have since emerged that Ecclestone engineered a lower price for the stock in order to ensure that CVC – which had promised to retain him at the head of the sport – went through with the deal.The Briton is accused of having bribed Bayern's chief risk officer Gerhard Gribkowsky to ensure that the share price was undervalued, and therefore more attractive to CVC, but has always denied that that was...
Full Story »
Full Story »
You May Also Be Interested In...
Ecclestone's troubles mount as German state bank seek...
Ecclestone's troubles mount as German state bank seek 290 million in...
12y ago from GrandPrix247.com
Judge says Ecclestone bribe allegation lacks...
For the past six weeks Formula One has been gripped by action of a...
12y ago from Pitpass.com
BayernLB to file damages case against Bernie
BayernLB plans to bring a $400 million damages claim against Formula One...
12y ago from SuperSport.com
Di Resta: I recorded Hamilton because I was trying to...
Di Resta: I recorded Hamilton because I was trying to find out what was...
12y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Victoria Government rejects MotoGP requests to move...
The Victoria State Government has rejected a request from MotoGP to move...
15h ago from MotorsportWeek.c...
Australian government rejects MotoGP proposal to race...
No description available...
19h ago from Motorsport.com
Dorna Sports unveils rebrand as part of MotoGP...
Dorna Sports has announced it will be officially known as MotoGP Sports...
19h ago from MotorsportWeek.c...
Carlos Ezpeleta: 'We are in hurry to lay foundations...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
David Malukas heads the timesheets in opening IndyCar...
The NTT IndyCar Series held the first of two open test days at Phoenix...
5h ago from MotorsportWeek.c...
David Malukas paces first day of Unser IndyCar Open...
No description available...
5h ago from Motorsport.com
Dale Coyne “would like to be in the game” for...
No description available...
7h ago from Motorsport.com
George Barber, founder of iconic IndyCar venue, passes...
Barber Motorsports Park has announced that founder of the iconic track...
10h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
2d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
2d ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
‘All formal steps completed' – BBC man...
Arsenal have officially agreed to a blockbuster new contract with star...
11h ago from CaughtOffside.com
Arsenal get green light as 35-goal forward eyes summer...
Nico Williams has been linked with a move away from Athletic Club Bilbao...
10h ago from CaughtOffside.com
Contract stand-off alert: Arsenal smell opportunity as...
Arsenal are plotting an ambitious move to sign the PSG superstar Ousmane...
11h ago from CaughtOffside.com
'He’s got everything to suit the best clubs in...
Former Chelsea star Emmanuel Petit has urged Arsenal to sign Julian...
11h ago from SportsKeeda.com
Comments
Hottest News
“Energy management is going to be key,” Hamilton raises...
Lewis Hamilton has voiced strong concerns about... Read More »
4h ago from F1Technical.net
F1 Testing 2026: Bahrain driver lineups and team schedules
The second round of official pre-season testing... Read More »
8h ago from GPFans.com
'It's going to take a while to get used to driving these...
Reflecting on McLaren's performance during the... Read More »
5h ago from F1Technical.net
