News Details

Ecclestone: I was an idiot to settle

Formula 1 boss Bernie Ecclestone says he was 'a bit of an idiot' for paying a £60m settlement to end his bribery case - but is pleased it is over. The 83-year-old denied any wrongdoing after being accused of paying a German banker £26m to ensure a company he favoured could buy a stake in F1. His offer was accepted by German prosecutors, with the judge saying the charges 'could not be substantiated'. Billionaire Ecclestone said: 'They really didn't have a case.' He added: 'The judge more or less said I was acquitted... so I was a bit of an idiot to do what I did to settle because it wasn't with the judge, it was with the prosecutors. 'Anyway, it's done and finished, so it's all right. I'm...
Full Story »
1y ago from 0

You May Also Be Interested In...

Ecclestone a bit of an idiot for settling

Bernie Ecclestone says he has been “a bit of an idiot” by paying £60...
1y ago from

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
1y ago from

Ecclestone bribery case could be settled

German prosecutors held talks on Tuesday with lawyers for Formula One...
1y ago from

Ecclestone agrees settlement

Bernie Ecclestone has agreed an £80m settlement in his bribery...
1y ago from

Elsewhere On The Network

Popular On

Lorenzo sees Honda riders as title allies

– Jorge Lorenzo reckons that Honda riders Marc Márquez and Dani...
1d ago from

Rossi crashes during latest Michelin test at Aragon

Valentino Rossi suffered a fall in the latest Michelin tyre testing...
5d ago from

Haslam splashes his way to French Superpole win

The Aprilia rider on pole despite a late crash, Rea only 0.004s away in...
17h ago from

Suppo backs Rossi to win 2015 MotoGP title

Repsol Honda team principal Livio Suppo says that Valentino Rossi seems...
2d ago from

Popular On

INDYCAR: Miles confident about Boston

Mark Miles, the president and CEO of Hulman & Company who also runs...
1d ago from

INDYCAR: Boston GP hits back at critics

Organizers of the new IndyCar street race in Boston have hit back at...
1d ago from

More one-of-a-kind items in Wilson Children's Fund...

The third wave of items items in the Wilson Children's Fun eBay auction...
16h ago from

Hinchcliffe makes return to track and picks up special...

It's been a rough ride for James Hinchcliffe this year, a move to Schmidt...

Popular On

SS7: Latvala stretches Corsica advantage

Damp conditions surprise drivers
2h ago from

Latvala extends Corsica lead

Volkswagen's Jari-Matti Latvala has extended his overnight lead this...
55m ago from

Latvala deposes Evans from lead

Latvala looked set to top the stage but at the final split his times...
18h ago from

SS5: Latvala closes on leader Evans

Evans advantage reduced to less than 2sec
23h ago from

Popular On

Wayne Rooney tells Man United how to beat Arsenal

Manchester United captain Wayne Rooney has urged his side to be diligent...

Arsenal Target Dani Ceballos Pondering Real Betis...

It has been reported that Dani Ceballos could make a decision over his...
4h ago from

Man Utd preview: Arsenal can't lose, but really need...

Manchester City's win over Pointless United yesterday means that we can't...
4h ago from

Arsene Wenger reveals Arsenal retirement plans

Arsenal boss Arsene Wenger has admitted that retirement is on the cards...


comments powered by Disqus

Hottest News

Dennis: F1 testing restrictions don't save money

With progress of his Woking-based team and new... Read More »
55m ago from

Honda all but rule out Toro Rosso deal

Yasuhisa Arai says Honda needs to put... Read More »
2h ago from

Ferrari apologise to Singapore officials

Ferrari team boss Maurizio Arrivabene has... Read More »
1h ago from

Recent News

2014 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.