News Details

Ecclestone to keep F1 job after $100m court deal?

Bernie Ecclestone looks set to avoid jail and retain control of formula one. Germany's Suddeutsche Zeitung is reporting on Saturday that the F1 chief executive has negotiated a US $100 million settlement with prosecutors in his high-profile corruption case in Germany. The newspaper did not name its sources but said the settlement, negotiated in Munich on Saturday, will terminate the trial altogether and see all charges dropped. Earlier in the week, there was talk of a EUR 25 million compensation payment to the Munich state bank BayernLB. It is believed that, on Friday, the court told witnesses due to testify not to attend until further notice. Official confirmation is possible within the...
Full Story »
9mo ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Ecclestone to keep F1 job after $100m court deal

Ecclestone to keep F1 job after $100m court dealPosted On 02 Aug 2014By :...
9mo ago from ThisIsF1.com

Ecclestone defence seeks deal to end bribery trial

Prosecutors and lawyers for Bernie Ecclestone are in talks about a...
9mo ago from F1Pulse.com

F1 to look at rules to stop negativity says Ecclestone

Bernie Ecclestone Formula 1 chief executive Bernie Ecclestone thinks...
9mo ago from GrandPrix247.com

F1 to look at rules to stop negativity says Ecclestone

Bernie Ecclestone thinks formula one needs to act now to prevent a...
9mo ago from GrandPrix.com

Elsewhere On The Network

Popular On MotoGPToday.com

Pedrosa: Arm better than expected

An early fall at Le Mans scuppered any chance of a strong race result,...
1h ago from Crash.net

Hayden: Mugello is incredible

Nicky Hayden heads to this weekend's Italian MotoGP fresh from his first...
1h ago from Crash.net

Marquez Blog: From France to Italy

This is sure to be a hard fought GP since Jorge, Valentino and Dani can...
2h ago from MotoGP.com

Redding on a problem solving mission at MotoGP Mugello

Britain’s Scott Redding is on a mission to solve his front-end grip...
56m ago from BikeSportNews.com

Popular On IndyCarToday.com

Montoya presented with $2.4 million Indy cheque

Team Penske driver Juan Pablo Montoya has been presented with a $2.4...
9h ago from SpeedCafe.com

Video: Indianapolis 500 highlights

No description available...
1d ago from GPUpdate.net

Daly to replace Hinchcliffe for Detroit

– Conor Daly will remain in IndyCar after Schmidt Peterson...
16m ago from GPUpdate.net

Montoya Makes an Epic Comeback to Win his Second Indy...

Juan Pablo Montoya suffered damage to his right-rear wheel guard during...

Popular On TotalWRC.com

WATCH: Shocking rally crash

Brace yourself, and check out this horrific rally car crash...
22h ago from SkySports.com

WRC team "speechless" after three-hour...

Lorenzo Bertelli's FWRT team was left "speechless" by the...
22h ago from Motorsport.com

Sordo happy with sixth despite tyre struggles

Dani Sordo says he's happy with sixth place at Rally de Portugal despite...
2h ago from Crash.net

Tanak: New M-Sport Ford a dream to drive

Ott Tanak is optimistic heading into the second half of the 2015 World...
21h ago from Crash.net

Popular On GunnersToday.com

Video: Arsenal trio Ramsey, Mertesacker, Koscielny...

Arsenal stars Aaron Ramsey, Per Mertesacker and Laurent Koscielny have...
1h ago from SportsMole.co.uk

Gnabry called up by Germany Under-21s

Serge Gnabry has been named in Germany's provisional squad for this...
1h ago from Arsenal.com

Cazorla watches his FA Cup final free kick

Cazorla rewatched his FA Cup final free kick from last season against...
5h ago from ESPNFC.co.uk

PICTURE SPECIAL: Chelsea stars join Arsenal's Abou...

HELSEA stars past and present joined Arsenal's Abou Diaby at a glitzy...
5h ago from DailyStar.co.uk

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.