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: All is open for tomorrow

Valentino Rossi refused to panic after setting the ninth fastest time on...
2h ago from Crash.net

Latest MotoGP photos: Friday at Mugello

No description available...
5h ago from GPUpdate.net

Dovi fastest but Lorenzo favourite

Andrea Dovizioso may have led both Friday practice sessions at his and...
5h ago from Crash.net

Dovizioso topples Marquez to hold sway in FP2

Andrea Dovizioso remains rooted to the top spot following FP2 at Mugello...
7h ago from Crash.net

Popular On IndyCarToday.com

IndyCar: Kanaan heads practice in Detroit

Tony Kanaan left it until his penultimate lap to wrestle his No. 10 Chip...
4h ago from Racer.com

Detroit: Practice 1 results

Kanaan fastest at start of Detroit doubleheader Practice 1 times 1. Tony...
2h ago from Crash.net

Kanaan fastest at start of Detroit double

Tony Kanaan took an early advantage over the rest of the field, setting...
2h ago from Crash.net

IndyCar: Aero and suspension changes in the works for...

Page 1 of 2 Verizon IndyCar Series teams have been preparing for some...
17h ago from Racer.com

Popular On TotalWRC.com

Kubica's Portugal success with revamped team

Pole re-establishes link with M-Sport
5h ago from WRC.com

New Fiesta sets Tänak’s pulse racing

The Estonian finished fifth after a troublefree run over rough gravel...
9h ago from WRC.com

Erik Carlsson 1929-2015

Swedens 'Mr Saab' and a pioneer of left-foot braking
1d ago from WRC.com

Olsbergs MSE Ford returns to Global Rallycross to...

2015 championship season opens this weekend in Fort Lauderdale Charlotte,...
1d ago from Motorsport.com

Popular On GunnersToday.com

FA Cup Final: Team News And Predicted Line-Ups

As the curtain is brought down on yet another season for this Arsenal...
3h ago from FreshArsenal.com

Wojciech Szczesny hits out at his own father for...

Wojciech Szczesny has been forced to discredit his own father on the eve...
5h ago from Telegraph.co.uk

5 Arsenal Flop Stories This Season

It's been a season of change at Arsenal, with competition for places in...
4h ago from FreshArsenal.com

Arsenal 2014-15 Premier League Season Review

By Nayan Teja Yalavarthy Arsenal finished the 2013-14 season on a high...
5h ago from ArsenalFever.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.