News Details

Ecclestone's troubles mount as German state bank seek 290 million in damages

Ecclestone's troubles mount as German state bank seek 290 million in damages 11 December, 2013 Bernie Ecclestone under pressure from several fronts Germany’s BayernLB bank is seeking damages from Formula 1 boss Bernie Ecclestone in connection with an F1 share sale to investor CVC. It claims Ecclestone bribed a senior bank manager to acquire the package cheaply. BayernLB was preparing a lawsuit against Formula One (F1) boss Bernie Ecclestone for 290 million in damages, a spokesperson for the German state-owned lender told the DPA news agancy. The lawsuit would be filed with the High Court in London presumably in January, she told the German news agency, and followed the sentencing of a...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

VIDEO: Ecclestone's bizarre High Court entrance

Formula 1 boss Bernie Ecclestone makes a bizarre entrance to the High...
10y ago from BBC.co.uk

Ecclestone: 'No doubt' we will race in New Jersey

– F1 boss Bernie Ecclestone has said there is 'no doubt' the Grand...
10y ago from GPUpdate.net

F1 2013 – Ferrari have veto on Ecclestone’s...

Ferrari has the power to “veto” the successor to Bernie...
10y ago from F1.co.uk

Ferrari have power to veto Horner's appointment to top...

Ferrari have power to veto Horner's appointment to top F1 job 5 December,...
10y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Acosta heralded following debut MotoGP podium at...

Pedro Acosta received high praise following the Portuguese Grand Prix,...
16h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle quickest in Safari shakedown

Reigning WRC champion Kalle Rovanperä set the benchmark time in Wednesday...

Popular On GunnersToday.com

Rodri vs Rice: battle of the 'lighthouses'

An integral position in the Pep Guardiola school of football is the...
1h ago from SkySports.com

Arsenal interested in 26-year-old former player who...

AC Milan midfielder Ismael Bennacer may be available to sign in the...
1h ago from CaughtOffside.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.