News Details
Ecclestone trial comes to an end after $100m payment
Bernie Ecclestone's second bribery trial has come to an end today after the F1 supremo made a $100m payment, as allowed by the German legal system, to curtail proceedings.
Ecclestone was accused of paying a $44m bribe to German banker Gerhard Gribkowsky to influence the sale of Formula 1 back in 2005. The prosecution claimed that this payment ensured that the sport went to a buyer of Ecclestone's liking, thus undervaluing the sport. However, this case was thrown out in the High Court back in February.
The case in Germany was thought to be Ecclestone's biggest challenge, with F1 owners CVC confirming that they would not keep him in charge of the sport if he was found guilty, even if he...
Full Story »
Full Story »
9y ago from RichlandF1.com
0
You May Also Be Interested In...
Ecclestone to be cleared after £60m payment
Bernie Ecclestone looks likely to avoid any further investigation into...
9y ago from TheF1Times.com
Ecclestone bribery trial set for $100m settlement
Bernie Ecclestone has been attending the German court since April this...
9y ago from espnF1.com
Ecclestone seeks settlement to end bribery trial
Bernie Ecclestone's lawyers say he is willing to pay a £20 million...
9y ago from Crash.net
Settlement of German Ecclestone bribery case possible...
Settlement of German Ecclestone bribery case possible – courtPosted...
9y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
How MotoGP brakes work: Secrets of stopping a 220mph...
No description available...
3h ago from Motorsport.com
Ducati: Bastianini's COTA MotoGP podium an...
Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...
3h ago from MotorsportWeek.c...
Quartararo: Marquez's Honda exit "woke a lot of...
No description available...
8h ago from Motorsport.com
COTA: F1 and MotoGP double-header possible but not...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Pourchaire to make IndyCar debut for Arrow McLaren
No description available...
8h ago from Motorsport.com
Pourchaire to make IndyCar debut in Long Beach with...
Arrow McLaren has announced that the reigning Formula 2 champion Theo...
8h ago from MotorsportWeek.c...
IndyCar's new Aeroscreen makes early debut at Long...
The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...
2d ago from MotorsportWeek.c...
IndyCar rolling out new version of aeroscreen for Long...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Sebastian Ogier tops Croatia Rally shakedown
Sébastien Ogier announced his return to FIA World Rally Championship...
2h ago from MotorsportWeek.c...
Hyundai enacts contingency plan after WRC Kenya fuel...
No description available...
4h ago from Motorsport.com
WRC 2025 rules limbo creating “critical” situation...
No description available...
7h ago from Motorsport.com
Ireland’s bid to rejoin the WRC in 2025 halted
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Chelsea among clubs considering move for unwanted...
Chelsea and Newcastle are considering a move for Arsenal goalkeeper Aaron...
42m ago from CaughtOffside.com
Bayern Munich shotstopper Manuel Neuer sets Champions...
No description available...
3h ago from SportsKeeda.com
Arsenal could look to sign new left back amid doubts...
Oleksandr Zinchenko's Arsenal future could be in doubt with the Gunners...
1h ago from CaughtOffside.com
'I do think the Gunners will find a way' - Chris...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 2024 Chinese GP: Start time, TV schedule and live streams
The 2024 Formula 1 season continues this weekend... Read More »
52m ago from MotorsportWeek.com
Mystery of Newey's visit to Italy now solved
Apr.18 The mystery about Adrian Newey's recent... Read More »
13h ago from OneStopStrategy.com
F1 drivers unite in China concern whilst Hamilton issues...
Take a look at the biggest stories of the day... Read More »
1h ago from RacingNews365.com