News Details

Ecclestone set for $100-million settlement

Formula One tycoon Bernie Ecclestone is heading for a $100 million settlement to halt his bribery trial in Germany, local media reported at the weekend. The 83-year-old Briton upped his offer to secure a deal, according to reports which said if it goes ahead it would the biggest of its kind. The Munich court where the trial is due to resume on Tuesday has told witnesses scheduled to give testimony this week not to bother to turn up. Ecclestone went on trial in April on charges of paying a $44-million bribe to a BayernLB bank executive for help in maintaining his four-decade grip on Formula One. He increased an offer to pay the Bavarian authorities $100 million to settle the case from an...
Full Story »
1y ago from SuperSport.com 0
Share

You May Also Be Interested In...

Ecclestone seeks settlement to end bribery trial

Bernie Ecclestone's lawyers say he is willing to pay a £20 million...
1y ago from Crash.net

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
1y ago from ThisIsF1.com

Ecclestone to pay $100 million to avoid jail and...

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

Ecclestone to keep F1 job after $100m court deal

Ecclestone to keep F1 job after $100m court dealPosted On 02 Aug 2014By :...
1y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Pedrosa to join Rossi at Yamaha, Viñales to remain at...

Dani Pedrosa may be set to make an incredible shift from Honda to Yamaha,...
17h ago from MotorcycleNews.c...

Analysis: How Honda got the upper hand over Marquez

In negotiations between Honda and Marc Marquez, it was the latter who...
17h ago from Motorsport.com

Crutchlow eyeing up Repsol Honda seat for 2017

Cal Crutchlow may well be eyeing up a return to a factory seat for the...
15h ago from MotorcycleNews.c...

Pedrosa concerned about grip in France

Dani Pedrosa is concerned about how his rear tyre will hold up at Le...
10h ago from SuperSport.com

Popular On IndyCarToday.com

INDYCAR: Dome skids still divisive after Texas test

Opinions of IndyCar's dome skids remain divided after the safety feature...
3h ago from Racer.com

INDYCAR: Final scramble to complete Indy entries

The race to complete the field at for the 100th Indianapolis 500 is in...
8h ago from Racer.com

IndyCar to seek replacement for Boston

IndyCar is expected to explore replacement venues after promoters of the...
1d ago from SpeedCafe.com

MILLER: Healing IndyCar's black eye

An IndyCar biggie called over the weekend and was miffed about two...
1d ago from Racer.com

Popular On TotalWRC.com

Home fixtures for WRC trio

A busy weekend for some of the WRC regulars
14h ago from WRC.com

Toivonen tribute in Finland

Show runs for Finn's winning Lancia Delta S4
13h ago from WRC.com

TVS hints full-scale Dakar entry in future

Indian two-wheeler manufacturer TVS is considering competing in the Dakar...
22h ago from Motorsport.com

Video: The 2017 WRC cars, they'll be fine, stop...

How about we all just forget about our doubts and hesitations concerning...

Popular On GunnersToday.com

He's back! Santi Cazorla returns to action in Arsenal...

TARSPORT bring you the best pics of Santi Cazorla playing in his first...
35m ago from DailyStar.co.uk

Arsenal Remain Keen On FC Porto Midfielder Danilo

It has been revealed that Arsenal continue to track Porto midfielder...
45m ago from Nastytackle.com

Chelsea may target Higuain to replace Costa; Arsenal...

N FC's Gab Marcotti discusses potential moves for Diego Costa, Edinson...
4h ago from ESPNFC.co.uk

Christian Eriksen believes Arsenal cost Tottenham the...

Christian Eriksen believes Arsenal cost Tottenham the Premier League...
6h ago from DailyMail.co.uk

Comments

Hottest News

McLaren have significant update for Spanish Grand Prix

Following the highs of a double points finish at... Read More »
9h ago from GrandPrix247.com

Honeymoon is over as Vettel feels Ferrari tension

Sebastian Vettel is starting feeling the pressure... Read More »
19h ago from GrandPrix247.com

Kvyat future in doubt after ‘disaster’

Daniil Kvyat’s future with Red Bull was cast... Read More »
7h ago from SuperSport.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.