News Details

Bernie plays £60m get out of jail card

Bernie Ecclestone's long, drawn-out bribery trial is nearly over after the F1 boss agreed to a £60 million ($100 million) out-of-court settlement. Bavarian state prosecutors confirmed to the district Munich court on Tuesday that the sport's commercial rights holder has offered to make the payment, believed to be the largest in German legal history. The 83-year-old Ecclestone was accused of bribing former banker Gerhard Gribkowsky during the sale of a major stake in the motor sport business eight years ago. The trial started in April and was expected to drag on, but a settlement has now been reached with the state prosecutor revealing that Ecclestone's advanced age and other...
Full Story »
11mo ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Bernie plays £60m get out of jail free card

Bernie Ecclestone's long, drawn-out bribery trial is nearly over after...
11mo ago from PlanetF1.com

Ecclestone trial set to end after settlement

– Formula 1 supremo Bernie Ecclestone has agreed a settlement worth...
11mo ago from GPUpdate.net

Ecclestone bribery trial set for $100m settlement

Bernie Ecclestone has been attending the German court since April this...
11mo ago from espnF1.com

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
11mo ago from ThisIsF1.com

Elsewhere On The Network

Popular On MotoGPToday.com

Relive all of the action from the Catalan GP

Lorenzo made it four in a row in Catalunya, while Viñales recorded his...
41m ago from MotoGP.com

Honda apologise to Stoner for crash at Suzuka 8 Hours

HRC confirm Stoner crash in the Suzuka 8 Hours was due to throttle...
1d ago from MotoGP.com

Honda Racing apologises to Casey Stoner following...

• Honda Racing acknowledges throttle malfunction was to blame in...
20h ago from TheGuardian.com

Aprilia to swoop for Bradl amidst Forward furore?

Forward Racing says it is still keen to retain agreements with its MotoGP...
19h ago from Crash.net

Popular On IndyCarToday.com

IndyCar: Carlin continues to evaluate IndyCar program

Carlin Racing's introduction to American open-wheel racing has been as...
13h ago from Racer.com

IndyCar: Honda gets manufacturer points deduction

Honda received a deduction of 100 manufacturer points from IndyCar for...
11h ago from Racer.com

IndyCar: Hondas gets manufacturer points deduction

Honda received a deduction of 100 manufacturer points from IndyCar for...
12h ago from Racer.com

Zanardi still wants to race at the Indy 500

Alex Zanardi has revealed an ambition to compete in the Indianapolis 500...
1d ago from Racer.com

Popular On TotalWRC.com

Latvala's sights set on a home hat-trick

Having triumphed in 2010, the 30-year-old claimed a second Finland...
19h ago from WRC.com

Flying blind: co-drivers set for bumpy ride

Finland's jumps can take your breath away
1d ago from WRC.com

Junior debutant inspired by rally legend Loeb

Huttunen, 21, was chosen as rallying’s Future Star of Finland 2015 and...
23h ago from WRC.com

Rallye de France returns to Corsica, for good or just...

If all the news, or should we call them threats guesses instead, are...
20h ago from WorldRallyBlog.c...

Popular On GunnersToday.com

Martin Keown feels Arsenal now believe they can win...

For nine long years, Arsenal supporters came to dread each pre-season,...
3h ago from SportsKeeda.com

£30m Arsenal target names Gunners fan favourite in...

Bayern Munich star Mario Gotze was recently asked who he would put in his...
1h ago from AllArsenal.com

David Ospina Convinced Of Arsenal Stay After Heart To...

It has been reported that Arsenal boss Arsene Wenger was able to convince...
6h ago from Nastytackle.com

Arsenal Wrapping Up The Signing Of Another French...

It has been reported that Arsenal are wrapping up the signing of another...
7h ago from Nastytackle.com

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.