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 »
1y 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...
1y ago from Pitpass.com

New York judge dismisses Ecclestone case

Bernie Ecclestone's legal woes have eased slightly, as it emerges a $650m...
1y ago from GrandPrix.com

Civil case against Ecclestone dropped

The New York Surpeme Court has dismissed a civil action against Bernie...
1y ago from PlanetF1.com

Ecclestone scores victory in $650m Bluewaters case

Bernie Ecclestone has scored victory in a lawsuit which was brought...
1y ago from Pitpass.com

Elsewhere On The Network

Popular On MotoGPToday.com

MotoGP: Intrigue, gossip and rumour

A little of what went on behind the scenes at Sepang
1d ago from BikeSportNews.com

Crash costs Espargaro track time in Sepang

Two crashes blighted Pol Espargaro's week in Malaysia but overall the...
16h ago from MotorcycleNews.c...

Sepang Michelin test ends in fast crashes for front...

The first test of next season’s new MotoGP control Michelin tyres has...

VIDEO: Iannone - The Ducati is fantastic!

Andrea Iannone has high hopes for the 2015 MotoGP World Championship...
2d ago from Crash.net

Popular On TotalWRC.com

Tanak has altitude concerns ahead of Rally Mexico

Ott Tanak says the trickiest element of Rally Mexico is coping with the...
15h ago from Crash.net

M-Sport column: Back in WRC, back to form

In the latest exclusive M-Sport World Rally Team column on Crash.net for...
14h ago from Crash.net

Ostberg: My style suits Mexico stages

The León-based gravel rally never drops below an altitude of 1,800...
15h ago from WRC.com

Why no love for tarmac rallies?

According to 'sources', World Rally Championship does not want another...

Popular On GunnersToday.com

Player of the Week: Gabriel

Step back, and again, and again, keep going, one more step. Now step...
2h ago from FreshArsenal.com

Arsene Wenger's Future At Arsenal Under Threat

Reports are out claiming that Arsene Wenger's future at Arsenal is under...
3h ago from Nastytackle.com

Arsenal 2-0 Everton: Player Ratings

Arsenal’s tough week at last finished off on a good note as the...
6h ago from SportsKeeda.com

Arsenal boss Arsene Wenger HAILS Olivier Giroud as...

BACK IN FAVOUR: Olivier Giroud put things right for Arsenal [GETTY]...
2h ago from DailyStar.co.uk

Comments

comments powered by Disqus

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.