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 »
2y 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...
2y ago from GrandPrix247.com

Formula One Bernie Ecclestone boss facing bribery...

Berlin:  Formula One magnate Bernie Ecclestone faces bribery charges...
2y 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...
2y 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...
2y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

‘Marked increase in performance’ for KTM

KTM have seen a ‘marked increase in performance’ for their new RC16...
13h ago from MotorcycleNews.c...

Circuit of Wales submits revised funding plan

The Circuit of Wales have submitted a revised funding plan to the Welsh...
14h ago from MotorcycleNews.c...

Yamaha have encouraging day on development Michelins

The Movistar Yamaha team of Jorge Lorenzo and Valentino Rossi had an...

Randy Mamola: Rossi's genius performance a message to...

Valentino Rossi's masterful victory in the Spanish Grand Prix elevates him...
3d ago from Motorsport.com

Popular On IndyCarToday.com

Inaugural Boston IndyCar race cancelled

The inaugural Grand Prix of Boston has been cancelled, after promoters of...
12h ago from GrandPrixTimes.c...

INDYCAR: Boston GP called off - reports

Promoters of the scheduled IndyCar race in Boston have ended negotiations...
1d ago from Racer.com

Dan Wheldon book to go on sale at Indy

A new book paying tribute to the late Dan Wheldon will be launched at the...
17h ago from SpeedCafe.com

INDYCAR: Shank keeping 500 window open

Michael Shank isn't ready to pull the plug on entering a car for next...
7h ago from Racer.com

Popular On TotalWRC.com

New Zealand APRC: Kreim retains lead as Gill suffers...

Asia-Pacific Rally Championship debutant Fabian Kreim continues to lead...
16h ago from Motorsport.com

Safety praise for YPF Rally Argentina

Teams and drivers congratulate rally organisers
1d ago from WRC.com

Veiby, Koci return to Junior WRC

Junior series attracts 11 entries for Portugal
1d ago from WRC.com

New Zealand APRC: Kreim heads Gill in Team MRF 1-2...

Fabian Kreim headed teammate Gaurav Gill at the end of the opening day of...
1d ago from Motorsport.com

Popular On GunnersToday.com

Arsenal rocked as Spanish giants eye summer swoop for...

GETTY HOMECOMING: Villarreal are keen to be reunited with Santi Cazorla...
3h ago from DailyStar.co.uk

Arsenal 1-0 Norwich City – PLAYER RATINGS

PLAYER RATINGS Arsenal: Cech 7; Bellerin 7, Mertesacker 6, Koscielny 6,...
3h ago from Nastytackle.com

Alex Oxlade-Chamberlain offered Southampton return by...

Alex Oxlade-Chamberlain offered Southampton return by Jose Fonte, but...
13h ago from DailyMail.co.uk

Arsenal 1 Norwich 0: Five things we learned

GETTY DANNY BOY: Welbeck scored to fire Arsenal closer to Champions...
5h ago from DailyStar.co.uk

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.