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 »
8mo ago from BBC.co.uk 0
Share

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...
8mo ago from Crash.net

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
8mo ago from ThisIsF1.com

Ecclestone bribery case could be settled

German prosecutors held talks on Tuesday with lawyers for Formula One...
8mo ago from SuperSport.com

Ecclestone agrees settlement

Bernie Ecclestone has agreed an £80m settlement in his bribery...
8mo ago from SkySports.com

Elsewhere On The Network

Popular On MotoGPToday.com

Finding speed key for Lorenzo

After finishing fifth in the opening three races of the season Jorge...

Marquez in doubt for Jerez after finger surgery?

Reigning double MotoGP champion Marc Marquez has undergone surgery after...
19h ago from Crash.net

Redding looks for setup solutions in Spain

Scott Redding took a step back in Argentina with the Marc VDS rider...
12h ago from MotorcycleNews.c...

Marquez breaks finger in training crash

REPSOL Honda rider Marc Marquez fractured his little finger of...
1d ago from VisorDown.com

Popular On IndyCarToday.com

Mick Schumacher wins third-ever car race in German F4

Mick Schumacher, the 16-year-old son of seven-time Formula 1 World...
6h ago from Motorsport.com

Vaxiviere beats de Vries after dramatic last lap clash

Matthieu Vaxiviere won the second Formula Renault 3.5 race at Aragon after...
7h ago from Motorsport.com

Castroneves outruns the rain to win Alabama pole

– Hélio Castroneves put in a quick lap early in the third...
22h ago from GPUpdate.net

Alabama: Qualifying results

Castroneves on pole as qualifying beats the storms Qualifying times Round...
22h ago from Crash.net

Popular On TotalWRC.com

Hyundai Motorsport fights to fifth and scores Power...

Hyundai Motorsport has salvaged a top-five finish from an extremely tough...
2h ago from Motorsport.com

Emotional Meeke wins in Argentina

The Northern Irishman headed Citroën team-mate Mads Østberg by 18.1sec...
2h ago from WRC.com

Kris Meeke dedicates maiden WRC win to Colin McRae

Citroen’s Kris Meeke finally claimed his maiden WRC victory in...
4h ago from Motorsport.com

Rally Argentina WRC: Result

Result for the fourth round of the 2015 FIA World Rally Championship...
4h ago from Crash.net

Popular On GunnersToday.com

Arsenal vs Chelsea – Player Ratings

It was a case of attack vs defence, as Chelsea sat back to control...
2h ago from SportsKeeda.com

Thierry Henry hits out at Olivier Giroud and Mesut...

Thierry Henry has launched a scathing attack on the quality of the...
2h ago from Telegraph.co.uk

Arsenal vs Chelsea: player ratings

ARSENAL David Ospina - Extremely fortunate both to remain on the pitch...
1h ago from Telegraph.co.uk

Cesc Fabregas: I DIDN'T dive against Arsenal

ADAMANT: Fabregas insists he didn't dive against Arsenal [GETTY]...
2h ago from DailyStar.co.uk

Comments

comments powered by Disqus

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.