News Details

Ecclestone moves to end German lawsuit early

– Formula 1 supremo Bernie Ecclestone has offered to pay BayernLB £20 million if it drops the bribery case against him, his defence lawyers have said.According to reports by Bloomberg, Ecclestone is finding the lawsuit "highly burdensome" and wants to bring the matter to a close as swiftly as possible. It is not due to finish until October.The deal has still to be discussed, although as it is a criminal case it will be up to the judge to decide if the charges are dismissed.Ecclestone has been on trial in Munich since April.The case concerns a payment made by the 83-year-old to an employee of German bank BayernLB in the lead up to the sale of Formula 1 to current owners CVC...
Full Story »
1y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Ecclestone offers EUR 25m to settle bribery case

Bernie Ecclestone is willing to pay EUR 25 million to settle the...
1y ago from GrandPrix.com

Zetsche: Why does Ecclestone do everything alone?

Dieter Zetsche with Bernie Ecclestone Dieter Zetsche, the chairman of...
1y ago from GrandPrix247.com

Mercedes parent Daimler wants Ecclestone to give up F1...

Mercedes parent Daimler wants Ecclestone to give up F1 marketingPosted On...
1y ago from ThisIsF1.com

F1 to look at rules to stop negativity says Ecclestone

Bernie Ecclestone Formula 1 chief executive Bernie Ecclestone thinks...
1y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MotoGPToday.com

Marquez: Lorenzo s speed vs. Rossi s experience

Marc Marquez's fourth DNF of the season means he is now all but certain...
10h ago from Crash.net

Doohan: Age hasn't hindered Rossi

MotoGP Legend and five time 500cc World Champion Mick Doohan gives his...
10h ago from MotoGP.com

Rossi & Lorenzo’s two-day test at Aragon

Movistar Yamaha uses the time before the San Marino GP to conduct testing...
4h ago from MotoGP.com

Popular On IndyCarToday.com

IndyCar: Series reports on TV audience growth for 2015

Bolstered by the most-watched Verizon IndyCar Series race ever on NBCSN...
1h ago from Racer.com

IndyCar: Dixon pockets $1 million bonus for winning...

Less than 24 hours after claiming the fourth Verizon IndyCar Series...
1d ago from Racer.com

FEATURE: Dixon’s run to the IndyCar title

Scott Dixon's come-from-behind victory in the IndyCar Series had Juan...
17h ago from SpeedCafe.com

IndyCar: Herta aiming to return with Chaves in 2016

Fresh off a smooth run to 15th in the standings and Rookie of the Year...
1d ago from Racer.com

Popular On TotalWRC.com

Paddon closes on WRC future

Kiwi hopes to sign 2016 contract shortly
4h ago from WRC.com

Will Jan Kopecky Make It Back To The WRC?

With the WRC “silly season” heating up, there has been a lot of...

Australia countdown: driver line-up

The biggest talking point is Hyundai’s decision to rotate the driver...
5h ago from WRC.com

Kubica's rallying passion undimmed

In his second full season in the World Rally Car category, the former F1...
1d ago from WRC.com

Popular On GunnersToday.com

Which Premier League side has the sexiest home shirt?

Every season new kits are released by all of the Premier League’s...
46m ago from FootballFancast....

Arsenal Ruled Out Late Deal For Cavani Due To...

It has been reported that Arsenal chiefs ruled out a late deal for PSG...
56m ago from Nastytackle.com

Room at the Champions League in for The Jeff

Arsenal have submitted their squad for the Champions League group stages,...
3h ago from News.ArseBlog.com

Ex-Arsenal Striker Robin van Persie Pleased With Move...

It has been reported that former Arsenal and Manchester United striker...
2h ago from Nastytackle.com

Comments

comments powered by Disqus

Hottest News

Italian PM tells Ecclestone ‘Hands off Monza!’

The big guns are now firing over the question of... Read More »
3h ago from ThisIsF1.com

Red Bull oppose 2016 shutdown

Red Bull have revealed their opposition to F1's... Read More »
11h ago from SkySports.com

Monza from an engine's POV

Renault Sport F1 shares their view in the lead-up... Read More »
3h ago from Formula1Blog.com

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.