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 »
7mo 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...
7mo ago from SuperSport.com

F1 should welcome Ecclestone settlement says Lauda

Niki Lauda with Bernie Ecclestone Niki Lauda says Formula 1 should welcome...
7mo ago from GrandPrix247.com

Ecclestone defence seeks deal to end bribery trial

Prosecutors and lawyers for Bernie Ecclestone are in talks about a...
8mo ago from F1Pulse.com

Ecclestone seeks to end bribery trial

Bernie Ecclestone has been attending the trial since April Getty Images...
8mo ago from espnF1.com

Elsewhere On The Network

Popular On MotoGPToday.com

Ducati now limited to 22 litres of fuel

Ducati's strong start to 201t has seen the Italian manufacturer lose the...
19h ago from MotorcycleNews.c...

Fortune doesn’t always favour the brave

Sunday’s opening MotoGP race in Qatar was memorable in so many ways....
16h ago from MotoGP.com

Strong Honda debut for Crutchlow

Cal Crutchlow finished the Qatar Grand Prix where he aimed to as the...
15h ago from MotorcycleNews.c...

Bizarre Helmet Problem Hinders Lorenzo in Qatar

Jorge Lorenzo revealed that a problem with his crash helmet left him to...

Popular On IndyCarToday.com

Honda's IndyCar aero kit dilemma

Just one event into 2015 and it appears that Chevrolet has a clear edge...
1d ago from Motorsport.com

Fan suffers fractured skull from debris at St Pete

A race fan attending Sunday's IndyCar season opener at St Petersburg on...
1d ago from Crash.net

Montoya snatches St Pete win from Power

Juan Pablo Montoya claimed the first win of the 2015 Verizon IndyCar...
3d ago from Crash.net

A lot of debris raises a lot of questions following...

The new aero kits had an unintended consequence Sunday ... A lot of...
3d ago from Motorsport.com

Popular On TotalWRC.com

Al Qassimi lines up Argentina debut

Al Qassimi, who brings Abu Dhabi support to Citroën Racing, will join...
20h ago from WRC.com

Wilson: I'll never forget Tanak's 'splashdown'

In the latest exclusive M-Sport World Rally Team column on Crash.net for...
1d ago from Crash.net

ERC: Circuit of Ireland is big in my heart, says Breen

Craig Breen says it would be a dream come true if he could add his name...
1d ago from Crash.net

Toyota reveals its junior line-up

Personally, I am having a great time following the progress of Toyota...

Popular On GunnersToday.com

Arsenal transfer news: Arsene Wenger hopeful of...

Arsenal Arsenal could be in the market for Valencia's Jose Luis Gaya...
1h ago from Telegraph.co.uk

Ospina is Arsenal's number one and Szczesny’s likely...

The admission came in February from Arsene Wenger that he does not have a...
2h ago from SportsKeeda.com

Arsenal news roundup 02/04/15: Arsenal launch Dybala...

A busy newsday today, with transfer rumours galore and a few interesting...
39m ago from AllArsenal.com

Nuri Sahin: 'I almost joined Arsenal in 2005'

Borussia Dortmund midfielder Nuri Sahin has revealed that he came close...
6h ago from SportsMole.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.