News Details

Formula One boss Bernie Ecclestone faces massive penalty as bribery trial begins in Germany

Munich, Germany:  Formula One supremo Bernie Ecclestone went on trial in Germany Thursday accused of bribery in a case which threatens a jail term for the Briton who has controlled the motor sport for four decades. Ecclestone, 83, has denied charges of bribery and abetting breach of trust over a $44 million (31.8 million euro) payment he made to former German banker Gerhard Gribkowsky, who has since been jailed.Prosecutors charge the money was a bribe meant to ensure the German bank BayernLB sold its shares in Formula One to Ecclestone's preferred bidder, CVC Capital Partners, to maintain his control over the sport.At the start of the Munich trial, watched by dozens of journalists,...
Full Story »
1y ago from NDTVSports.com 0
Share

You May Also Be Interested In...

Formula 1 boss Ecclestone faces German bribery trial...

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

Formula One Bernie Ecclestone boss facing bribery...

Berlin:  Formula One magnate Bernie Ecclestone faces bribery charges...
1y ago from NDTVSports.com

Formula 1 must look beyond Ecclestone era warns Wolff

Bernie Ecclestone with Toto Wolff On the eve of a trial that could send...
1y ago from GrandPrix247.com

Ecclestone trial to begin in Germany

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

Elsewhere On The Network

Popular On MotoGPToday.com

Rossi: “I didn‘t feel very well on the bike”

Valentino Rossi struggled on the opening day of practice at the Octo...
10h ago from MotoGP.com

Smith Glad to Focus Back on Racing

Bradley Smith says he is glad to be concentrating on racing again after...

MotoGP Silverstone: Lorenzo quickest in FP2; Smith...

Movistar Yamaha’s Jorge Lorenzo set the pace in the second MotoGP free...
12h ago from BikeSportNews.com

MotoGP in 4K Ultra High Definition

Dorna Sports, in conjunction with BT Sport, are set to show the Octo...
10h ago from MotoGP.com

Popular On IndyCarToday.com

IndyCar: Power tops test day at Sonoma

Will Power topped the times on in the three-and-a-half hour promoter test...
1h ago from Racer.com

IndyCar: 'It’s been tough on me, but the main thing...

Verizon IndyCar Series rookie Sage Karam said that nothing in the onboard...
3h ago from Racer.com

Manifest Design Justin Wilson Tribute Tees now...

Justin Wilson's creative and design partner, Manifest, has created a...
3h ago from Racer.com

IndyCar: Q&A with Sage Karam

Verizon IndyCar Series rookie Sage Karam said that nothing in the onboard...
4h ago from Racer.com

Popular On TotalWRC.com

Meeke: 'I have to continue working'

Brit counting on an error-free Australia
14h ago from WRC.com

F1 ace Jenson Button tests Mini and VW Beetle...

Formula 1 star Jenson Button tested rallycross cars at Lydden Hill today...
2d ago from Motorsport.com

Lefebrve handed second Citroen WRC outing

Stephane Lefebvre has been handed his second opportunity in the WRC with...
14h ago from Crash.net

Loeb says WRC return not in his plans

Sebastien Loeb says that a return to the WRC is not part of his plans,...
1d ago from Motorsport.com

Popular On GunnersToday.com

Gedion Zelalem hopes playing in front 50,000...

Gedion Zelalem hopes playing in front 50,000 supporters on loan at...
3h ago from DailyMail.co.uk

Benzema to Arsenal could be back on after agent...

Our reported move for Karim Benzema looked dead in the water after the...
4h ago from AllArsenal.com

Gary Neville Continues Tirade Against Arsenal

It has been reported that Manchester United legend Gary Neville has...
2h ago from Nastytackle.com

Arsene Wenger deserves more respect for what he has...

Arsene Wenger deserves more respect for what he has achieved at Arsenal,...
5h ago from DailyMail.co.uk

Comments

comments powered by Disqus

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.