News Details

Ecclestone bribery trial ends with $100-mn payment

MUNICH, Germany, Aug 05, 2014 (AFP) - A German court ruled Tuesday that Formula One tycoon Bernie Ecclestone can make a controversial $100-million payment to end his trial on bribery charges. In a move that will likely see him stay at the helm of the lucrative sport, the 83-year-old Briton struck an accord with prosecutors on the record payment which then got the Munich tribunal's blessing. "The proceedings will be temporarily suspended with the agreement of the prosecution and the accused," pending payment within one week, presiding judge Peter Noll said. The $100-million (75-million-euro) accord is believed to be the largest of its kind in...
Full Story »
2y ago from F1Plus.com 0
Share

You May Also Be Interested In...

Ecclestone seeks to end bribery trial

Bernie Ecclestone has been attending the trial since April Getty Images...
2y ago from espnF1.com

Ecclestone set for settlement in bribery trial

Prosecutors have revealed they would accept an offer of £60 million from...
2y ago from Crash.net

Ecclestone defence seeks deal to end bribery trial

Prosecutors and lawyers for Bernie Ecclestone are in talks about a...
2y ago from F1Pulse.com

Ecclestone bribery trial set for $100m settlement

Bernie Ecclestone has been attending the German court since April this...
2y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Smith undergoes surgery after Oschersleben Endurance...

MotoGP star Bradley Smith looks likely to miss next weekend’s...
13h ago from BikeSportNews.com

MotoGP: Smith awaiting scan results on knee injury

Monster Yamaha Tech 3 rider Bradley Smith is awaiting the results of an...
13h ago from MotorcycleNews.c...

MotoGP: Smith happy with KTM testing pace

KTM’s 2017 rider Bradley Smith says that he’s delighted with the...

GP winner Prein set to join Mackenzie in Silverstone...

Prein will go head to head with Mackenzie and Alan Carter at the 2016...
22h ago from BikeSportNews.com

Popular On IndyCarToday.com

INDYCAR: Firestone clarifies Texas tire allotment

Firestone has clarified the allotment of tires to all teams for Saturday...
13h ago from Racer.com

IndyCar reveals 17-race 2017 calendar

– IndyCar officials have revealed an expanded 17-race 2017...
1d ago from GPUpdate.net

VIDEO: Close shave for Castroneves

Helio Castroneves has escaped injury after a pitlane crash which involved...
1d ago from SpeedCafe.com

INDYCAR: Three cars in scary pit lane crash

Alexander Rossi, Charlie Kimball, and Helio Castroneves walked away from...
4d ago from Racer.com

Popular On TotalWRC.com

Mikkelsen: It still felt like a victory

Fourth in Germany but Mikkelsen remains positive
21h ago from WRC.com

Lappi breaks silence over Toyota rumours

Talks have taken place at Toyota's rally base
3d ago from WRC.com

Germany driver report: part 2

Advertising Thierry Neuville (Hyundai i20) Result: 3rdA podium finish...
1d ago from WRC.com

Teams want China as a candidate rally in 2017

Multi-million pound losses caused by the cancellation of Rally China have...
2d ago from EuroSport.com

Popular On GunnersToday.com

Draxler, Lacazette or James next? Will summer signings...

Morning all. Well well, Arsene Wenger was all smiles yesterday morning...

Watford vs Arsenal – PROVISIONAL SQUADS

PROVISIONAL SQUADS Watford Provisional squad: Gomes, Pantilimon, Amrabat,...
1h ago from Nastytackle.com

(Video) 30m is a bargain for 23-year-old Chelsea...

Reports in Italy are linking 23-year-old Inter Milan midfielder Marcelo...
7h ago from CaughtOffside.com

Arsene Wenger can't win despite £52m swoop as Arsenal...

Arsenal boss Arsene Wenger has insisted that he isn't panic buying this...
2h ago from CaughtOffside.com

Comments

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.