News Details

The end for Ecclestone?

All reigns eventually come to an end ... is it now time for Bernie? Getty Images Enlarge A report in the Times claims that Bernie Ecclestone's time as the head of Formula One is drawing to a close as he begins his trial on bribery charges in a German court. It is reported that Ecclestone could be ordered to pay up to £250 million to avoid going to jail, but that would also mean he would have to admit his guilt. He has always ruled out any suggestions of such a settlement. But the Times says that CVC Capital Partners, the City-based private equity firm which owns Formula One, has been advised by a City law firm that it cannot continue with Ecclestone as chief executive. The turning point...
Full Story »
3mo ago from espnF1.com 0
Share

You May Also Be Interested In...

Ecclestone trial to begin in Germany

Formula 1 boss Bernie Ecclestone is set to appear at the start of a trial...
3mo ago from BBC.co.uk

Five things to know about the Ecclestone trial

Formula One boss Bernie Ecclestone goes on trial in Munich on Thursday on...
3mo ago from F1Pulse.com

Formula 1 boss Ecclestone faces German bribery trial...

t">Bernie Ecclestone in the dock again Formula 1 chief executive...
3mo ago from GrandPrix247.com

Ecclestone indictment challenges London High Court...

Formula One boss Bernie Ecclestone's chances of triumph in his bribery...
3mo ago from Pitpass.com

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.