News Details
German bank rejects $33m Ecclestone settlement offer
Getty Images Enlarge German bank BayernLB has rejected a settlement offer of $33 million (£19 million) from Bernie Ecclestone. Earlier this week a Munich court dropped a bribery case against Ecclestone in exchange for a $100 million (£59 million) payment. BayernLB claims Ecclestone undervalued F1 when it was sold in 2006, with the court case which begun in April centred on accusations he paid German banker Gerhard Gribkowsky $44 million (£26 million) to ensure F1 was sold to a company he favoured. Ecclestone had always denied the charges. "BayernLB has rejected Mr Ecclestone's settlement offer," a spokesman for the bank told Reuters on Friday. The bank's next step remains to...
Full Story »
Full Story »
10y ago from espnF1.com
0
You May Also Be Interested In...
Bank rejects Ecclestone's compensation offer
Bernie Ecclestone with Gerhard Gribkowsky
Formula 1 supremo Bernie...
10y ago from GrandPrix247.com
Bank rejects Ecclestone's compensation offer
Bernie Ecclestone's legal troubles are not yet over.
10y ago from GrandPrix.com
Ecclestone holidays after paying $100m settlement
Ecclestone holidays after paying $100m settlementPosted On 14 Aug 2014By...
10y ago from ThisIsF1.com
Ecclestone on holiday after paying settlement
Bernie Ecclestone's bribery trial and charges have been officially...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Marquez isn't worried he’s tumbling out of...
No description available...
9h ago from Motorsport.com
‘At Balaton, MotoGP bikes might not even use fifth...
No description available...
1d ago from Motorsport.com
Jorge Martin targets podium after injury hit his 2025...
No description available...
2d ago from Motorsport.com
MotoGP to use 100% non-fossil fuels by 2027 season
MotoGP has announced that the fuel used across all Grand Prix classes...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
1d ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
1d ago from Motorsport.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
2d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Kalle on course in Finland
Kalle Rovanperä and Jonne Halttunen ended the first full day of WRC...
4h ago from MotorsportWeek.c...
WRC Finland: Rally leader Kalle Rovanpera on why...
No description available...
3h ago from Motorsport.com
WRC Finland: Kalle Rovanpera on top of close fight
No description available...
11h ago from Motorsport.com
Kalle Rovanpera shines in tricky weather to lead WRC...
No description available...
4h ago from Motorsport.com
Popular On GunnersToday.com
“It’s a great signing for Arsenal' - Former PL...
Former Newcastle United manager Alan Pardew has named Arsenal's Viktor...
9h ago from SportsKeeda.com
Player is 'keen' on Arsenal move, Gunners hoping to...
Crystal Palace attacker Eberechi Eze has been linked with a move away from...
10h ago from CaughtOffside.com
Report: Arsenal on alert as PL & CL winner yet to...
Arsenal are reportedly one of the clubs keeping an eye on the situation of...
10h ago from CaughtOffside.com
“Gonna put it out there” - Former Manchester...
Former Manchester United defender Demetri Mitchell has claimed that Rasmus...
12h ago from SportsKeeda.com
Comments
Hottest News
FIA announce penalty verdict after controversial Max...
The FIA have announced the stewards verdict after... Read More »
6h ago from GPFans.com
Hungarian GP: Friday's action in pictures
Formula 1 fans at the Hungarian Grand Prix... Read More »
3h ago from F1i.com
'A big, big struggle with the balance of the car,' claims...
Despite having posted several encouraging sector... Read More »
53m ago from F1Technical.net
