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 »
1y 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...
1y 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...
1y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

‘Marked increase in performance’ for KTM

KTM have seen a ‘marked increase in performance’ for their new RC16...

Circuit of Wales submits revised funding plan

The Circuit of Wales have submitted a revised funding plan to the Welsh...
10h ago from MotorcycleNews.c...

Yamaha have encouraging day on development Michelins

The Movistar Yamaha team of Jorge Lorenzo and Valentino Rossi had an...

Randy Mamola: Rossi's genius performance a message to...

Valentino Rossi's masterful victory in the Spanish Grand Prix elevates him...
3d ago from Motorsport.com

Popular On IndyCarToday.com

Inaugural Boston IndyCar race cancelled

The inaugural Grand Prix of Boston has been cancelled, after promoters of...

INDYCAR: Shank keeping 500 window open

Michael Shank isn't ready to pull the plug on entering a car for next...
3h ago from Racer.com

Dan Wheldon book to go on sale at Indy

A new book paying tribute to the late Dan Wheldon will be launched at the...
13h ago from SpeedCafe.com

INDYCAR: Boston GP called off - reports

Promoters of the scheduled IndyCar race in Boston have ended negotiations...
21h ago from Racer.com

Popular On TotalWRC.com

New Zealand APRC: Kreim retains lead as Gill suffers...

Asia-Pacific Rally Championship debutant Fabian Kreim continues to lead...
12h ago from Motorsport.com

Veiby, Koci return to Junior WRC

Junior series attracts 11 entries for Portugal
1d ago from WRC.com

Safety praise for YPF Rally Argentina

Teams and drivers congratulate rally organisers
1d ago from WRC.com

New Zealand APRC: Kreim heads Gill in Team MRF 1-2...

Fabian Kreim headed teammate Gaurav Gill at the end of the opening day of...
1d ago from Motorsport.com

Popular On GunnersToday.com

Man United, Arsenal and Barcelona reports do not fear...

Atletico Madrid manager Diego Simeone has insisted reports linking the...

Arsenal 1 Norwich 0: Five things we learned

GETTY DANNY BOY: Welbeck scored to fire Arsenal closer to Champions...
1h ago from DailyStar.co.uk

Twitter Reacts: Arsenal fans furious as Giroud and...

TARSPORT bring you some of the best reaction to Arsenal's line-up to play...
4h ago from DailyStar.co.uk

Arsenal miss out on £8.2m Juventus starlet

The Gunners may have to look elsewhere for a new central midfielder as...
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.