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 »
11mo 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...
1y ago from espnF1.com

Ecclestone set for settlement in bribery trial

Prosecutors have revealed they would accept an offer of £60 million from...
11mo ago from Crash.net

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 bribery trial set for $100m settlement

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

Elsewhere On The Network

Popular On MotoGPToday.com

Bradl released from contract by Forward Yamaha

Troubled MotoGP team Forward Yamaha have released rider Stefan Bradl from...
16h ago from BikeSportNews.com

Old heroes and new aliens

History has a tendency to repeat itself, a fact that is true even in...
21h ago from MotoGP.com

Vierge replaces Cardus in Tech 3

The Tech 3 Moto2 have chosen to replace Ricky Cardus for the remainder of...
16h ago from MotoGP.com

McPhee Q&A: “I’m having to just focus on the basic...

SAXOPRINT RTG’s Scottish rider John McPhee discusses why he has...
17h ago from MotoGP.com

Popular On IndyCarToday.com

Poll results: What’s the best way for IndyCar to...

Here are the results to our latest poll question: What’s the best way...
9h ago from Racer.com

Mid-Ohio: Practice 1 results

Bourdais tops Power in first practice at Mid-Ohio Practice 1 times 1....
10h ago from Crash.net

Mid-Ohio: Combined Friday practice results

Dixon moves to the top in Friday practice at Mid-Ohio Combined Friday...
5h ago from Crash.net

IndyCar: Ganassi, Vasser open to Zanardi Indy 500 deal

Page 1 of 2 Alex Zanardi's latest mention of wanting to compete at the...
10h ago from Racer.com

Popular On TotalWRC.com

Lappi takes clear lead in Finland WRC 2

Finn more than a minute clear in support category
9h ago from WRC.com

Latvala flies to Finland lead

He headed Volkswagen Polo R team-mate Sébastien Ogier by 2.6sec after...
10h ago from WRC.com

SS5: Ouninpohja bites Finland hopefuls

Meeke, Evans and Tänak all hit trouble
16h ago from WRC.com

SS8: Latvala grabs lead in Finland

Ogier relegated to second by team-mate in Ouninpohja
12h ago from WRC.com

Popular On GunnersToday.com

Jack Wilshere demands fast Arsenal start

Jack Wilshere has warned his Arsenal teammates that a fast-and-furious...
5h ago from SportsMole.co.uk

Nicol: If Chelsea slip up, City will win

SPN FC crew give their opinions on who will win the Premier League this...
4h ago from ESPNFC.co.uk

Exclusive – ‘They’ve got enough money to put...

Piers Morgan insists Arsene Wenger must make two big signings before the...
6h ago from TalkSport.com

Chelsea team news: Mourinho confirms Costa and Cahill...

The traditional curtain raiser for the forthcoming season is upon us...
5h ago from TalkSport.com

Comments

comments powered by Disqus

Hottest News

Who's top of the Formula 1 charts?

Mercedes' package is virtually flawless but... Read More »
4h ago from BBC.co.uk

Sauber doubles down on gird girls

The WEC has banned grid girls from the series. It... Read More »
11h ago from Formula1Blog.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.