News Details
Ecclestone sued for 345 million by German bank
German state bank BayernLB is suing Bernie Ecclestone and his family holding Bambino for around €345 million ($422 million) in relation to the sale of its stake in Formula One. News agency DPA says BayernLB announced the move in Munich on Friday. The bank rejected a €25-million ($31 million) settlement offer from Ecclestone in August, after a Munich court dropped a bribery case against the 83-year-old Englishman. BayernLB claims the purchase contract was terminated in 2005 under conditions 'that were set by Mr. Ecclestone and were detrimental to the bank.' The charges in the now-closed bribery trial cantered on a $44-million payment by Ecclestone to former BayernLB executive...
Full Story »
Full Story »
10y ago from F1Pulse.com
0
You May Also Be Interested In...
BayernLB files law suit against Ecclestone
– German bank BayernLB has confirmed that it has filed a law suit...
10y ago from GPUpdate.net
Ecclestone re-appointed to F1 board
Bernie Ecclestone has been formally reappointed to the Formula 1 board...
10y ago from F1Zone.net
Ecclestone takes swipe at trial outcome with Christmas...
Lawyer Sven Thomas talks to his client Bernie Ecclestone during their...
10y ago from GrandPrix247.com
Ecclestone, Di Montezemolo reappointed to F1 board
Bernie Ecclestone has been reappointed to the board of Formula 1's...
10y ago from TheF1Times.com
Elsewhere On The Network
Popular On MGPToday.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
1d ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
1d ago from Motorsport.com
Motegi remains on MotoGP calendar through 2030
MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
2d ago from MotorsportWeek.c...
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward fastest in opening practice in Laguna...
Laguna Seca was the setting for IndyCar’s first practice session on...
1h ago from MotorsportWeek.c...
Arrow McLaren set to move into new race facility in...
Arrow McLaren has officially taken ownership of what will be its new...
1d ago from MotorsportWeek.c...
Arrow McLaren expands IndyCar operations with new...
No description available...
1d ago from Motorsport.com
Why Rinus VeeKay believes there's more to come after...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
9h ago from Motorsport.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
4d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal vs Newcastle United Prediction and Betting...
Arsenal will lock horns against Newcastle United at the Singapore National...
3h ago from SportsKeeda.com
Report: Arsenal preparing a strong push to sign...
Arsenal are interested in securing the services of the Ajax defender...
6h ago from CaughtOffside.com
Viktor Gyokeres to wear iconic Arsenal jersey number...
Viktor Gyokeres will reportedly wear the jersey number 14 for Arsenal...
8h ago from SportsKeeda.com
Gyokeres gets green light to complete Arsenal £63.8m...
Viktor Gyokeres has been given clearance to complete his £63.8m move...
11h ago from SkySports.com
Comments
Hottest News
How did Antonelli's spin into the gravel trap highlight the...
Following a difficult qualifying session for... Read More »
46m ago from F1Technical.net
TECHNICAL: Red Bull and Mercedes with the least loaded rear...
Red Bull have elected to use an ambitious... Read More »
1h ago from F1Technical.net
EXPLAINED: How the Spa-Francorchamps Corners Got Their...
After a two-week break, the F1 field has returned... Read More »
46m ago from F1Technical.net
