News Details

Ecclestone to be cleared after £60m payment

Bernie Ecclestone looks likely to avoid any further investigation into whether or not he paid a bribe to German banker Gerhard Gribkowsky in 2005 after agreeing an out-of-court settlement. The 83-year-old billionaire will pay £60 million ($100m) to the state of Bavaria in what is believed to be Germany's largest ever settlement. It is expected the news that the charges will be dropped will be confirmed on Tuesday, ending a two-year trial which wasn't expected to reach a final conclusion until late-September. "It seems that we will be successful in the settlement," Ecclestone's laywer Sven Thomas told the Indepedent. "The amount is not confidential. They are talking...
Full Story »
7mo ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
7mo ago from ThisIsF1.com

Ecclestone to keep F1 job after $100m court deal

Ecclestone to keep F1 job after $100m court dealPosted On 02 Aug 2014By :...
7mo ago from ThisIsF1.com

Ecclestone set for $100-million settlement

Formula One tycoon Bernie Ecclestone is heading for a $100 million...
7mo ago from SuperSport.com

Ecclestone bribery case could be settled

German prosecutors held talks on Tuesday with lawyers for Formula One...
7mo ago from SuperSport.com

Elsewhere On The Network

Popular On MotoGPToday.com

MotoGP Qatar: Crutchlow chases Marquez in third session

Britain’s Cal Crutchlow was less than a tenth slower than reigning...
3h ago from BikeSportNews.com

Marquez prevails as Crutchlow closes gap

There was no stopping Repsol Honda's Marc Marquez as the reigning MotoGP...
2h ago from Crash.net

Casey Stoner to make motorcycle racing comeback

Former MotoGP World Champion Casey Stoner will make his motorcycle racing...
15h ago from Crash.net

MotoGP Qatar: Lowes leads again in Moto2

He runs the hard tyre all session and still cuts tenths off his fastest...
4h ago from BikeSportNews.com

Popular On IndyCarToday.com

St Petersburg: Practice 1 results

Penske's Power paces St Pete first practice Practice 1 times 1. Will...
3h ago from Crash.net

Carlin Racing Duo Best Indy Lights Field in First...

Carlin Racing has dominated European junior formula racing for a number of...

Andretti aims for five-car Indy 500 effort

Who will drive the fifth car, should the proper sponsorship be acquired?...
2h ago from Motorsport.com

RACER: Will Power, fastest in St Pete FP1

Team Penske's Will Power went fastest during the first Verizon IndyCar...
2h ago from Racer.com

Popular On TotalWRC.com

Argentina supports flood victims

More than 30cm of rain, a third of the area’s annual rainfall, fell in...
10h ago from WRC.com

Loeb set for another World Rally Car outing

The nine-time World Champion will participate in the Epernay Vins de...
1d ago from WRC.com

Tidemand inks Skoda deal

2013 Junior WRC champion Pontus Tidemand joins Skoda to compete in the...
1d ago from Crash.net

RX: World Rallycross launches UK talent competition

The FIA World Rallycross championship has launched a nationwide talent...
2d ago from Crash.net

Popular On GunnersToday.com

Arsenal star explains transition from striker to...

The Brazilian - who earned his first international call-up last week -...
6h ago from Express.co.uk

The dream team, Arsenal's ace striker Olivier Giroud...

EACH week FIFA Ultimate Team assembles the best players from international...
4h ago from Express.co.uk

REVEALED: Why Chelsea ace Cesar Azpilicueta SNUBBED...

The Chelsea defender snubbed team-mates Cesc Fabregas in favour of Eden...
4h ago from Express.co.uk

Arsenal star’s future in doubt as Chelsea raid looms

Wojciech Szczesny is set for crunch talks with Arsenal about his future...

Comments

comments powered by Disqus

Hottest News

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.