News Details

Ecclestone ' close to settle' for $100-million deal in his F1 bribe case

MUNICH, Germany, Aug 04, 2014 (AFP) - 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 (33-million-euro) bribe to a BayernLB bank executive for help in maintaining his four-decade grip on Formula One. He...
Full Story »
1y ago from F1Plus.com 0
Share

You May Also Be Interested In...

Ecclestone set for $100-million settlement

Formula One tycoon Bernie Ecclestone is heading for a $100 million...
1y ago from SuperSport.com

F1 should welcome Ecclestone settlement says Lauda

Niki Lauda with Bernie Ecclestone Niki Lauda says Formula 1 should welcome...
1y ago from GrandPrix247.com

Ecclestone defence seeks deal to end bribery trial

Prosecutors and lawyers for Bernie Ecclestone are in talks about a...
1y ago from F1Pulse.com

Ecclestone seeks to end bribery trial

Bernie Ecclestone has been attending the trial since April Getty Images...
1y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Dovizioso “not obsessed” with breaking MotoGP...

Andrea Dovizioso says that taking a first win in MotoGP since 2009 would...
1h ago from Motorsport.com

Moto2: Who the hell is Luca Marini?

It’s not always the step up in racing to be a member of one of the...

MotoGP: Final video of Rossi series released

Monster Energy have released the final video in their five-part series...

Bradl to exit MotoGP at the end of 2016

– Stefan Bradl has confirmed that he will leave MotoGP at the end...
4h ago from GPUpdate.net

Popular On IndyCarToday.com

Target to end its Ganassi IndyCar sponsorship

Target is withdrawing from IndyCar at season’s end, after 27 years on...
2h ago from Motorsport.com

INDYCAR: Target out after 2016

One of the longest serving sponsors in IndyCar racing is on the way out,...
2h ago from Racer.com

Robin Miller's Mailbag for July 27, presented by Honda...

Page 1 of 8 Welcome to the Robin Miller Mailbag as presented by Honda...
3h ago from Racer.com

Andretti’s Indy Lights drivers to test IndyCars at...

Dean Stoneman, Shelby Blackstock and Dalton Kellett will test the team’s...
37m ago from Motorsport.com

Popular On TotalWRC.com

Title-chasing trio head Finland WRC 2 battle

Title-chasing trio headFinland WRC 2 battle The high-speed roads of Neste...
4h ago from WRC.com

Rautiainen on Finland’s unique co-driving test

Rautiainen on Finland’sunique co-driving test Co-driving great Timo...
7h ago from WRC.com

Future star Nordgren joins Juniors in Finland

Newcomer takes on the Junior regulars in Finland
6h ago from WRC.com

Hyundai solves Sordo crash cause

Nandan confident suspension issue is sorted
1d ago from WRC.com

Popular On GunnersToday.com

Ten Premier League clubs join EFL Trophy competition

Ten Premier League clubs have joined the EFL Trophy competition, while...
5h ago from SportsMole.co.uk

Arsenal and West Ham transfer war: £10m more will get...

According to reports from Mirror Football, Lyon are demanding a...

Expect a striker & defender says Arsene. Yedder...

Morning all. The squad is in the US of A, the friendly against the MLS...

Comments

Hottest News

Allison and Ferrari part ways with immediate effect

The Briton's place at the team had been in doubt... Read More »
9h ago from Motorsport.com

For old time’s sake

Felipe Massa recently paid a friendly visit to... Read More »
1h ago from F1i.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.