News Details

Bernie could settle for millions

Bernie Ecclestone could pay a staggering £240million to settle his bribery case, that's according to his lawyer. In April the F1 supremo will face a Munich court to answer charges of bribery. The charges relate to the sale of F1 to CVC, in which Ecclestone is alleged to have paid former German banker Gerhard Gribkowsky a bribe. Already Gribkowsky is serving an eight-and-a-half year sentence for accepting said bribe. However, Ecclestone could avoid jail time by settling to the tune of £240million, which is what BayernLB claim they lost because of the Brit. "I don't think that we can achieve a settlement before the trial starts. During trials settlements are always possible...
Full Story »
12y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

The curious timing of the announcement of the case...

Last week the world of Formula One was taken by surprise by the...
12y ago from Pitpass.com

New York judge dismisses Ecclestone case

Bernie Ecclestone's legal woes have eased slightly, as it emerges a $650m...
12y ago from GrandPrix.com

Civil case against Ecclestone dropped

The New York Surpeme Court has dismissed a civil action against Bernie...
12y ago from PlanetF1.com

Ecclestone scores victory in $650m Bluewaters case

Bernie Ecclestone has scored victory in a lawsuit which was brought...
12y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Miguel Oliveira reveals what’s ‘more difficult’...

Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...

Popular On IndyCarToday.com

Dual-tone Chevy ZR1X pace car revealed for...

The NTT IndyCar Series has revealed the Chevrolet pace car for the...

Rookie Caio Collet fastest in two-day Indy 500 open...

The NTT IndyCar Series held its traditional two-day open test for the...

Popular On TotalWRC.com

Popular On GunnersToday.com

“Ethan has to respond” - Arsenal boss Arteta makes...

Arsenal boss Mikel Arteta said Ethan Nwaneri must respond to criticism...
53m ago from SportsKeeda.com

Man United lead Arsenal in the race for 50m-rated...

Manchester United are looking to sign Morten Hjulmand from Sporting CP. A...
1h ago from CaughtOffside.com

Arteta: If you lose a match, they destroy you - you...

Mikel Arteta has urged his Arsenal players to "love" the noise...
1h ago from SkySports.com

'I don't see them winning all the games' - Carragher...

Jamie Carragher has delivered a bold prediction about the Premier League...
2h ago from SportsKeeda.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.