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 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...
1y ago from Crash.net

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
1y ago from ThisIsF1.com

Ecclestone bribery case could be settled

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

Ecclestone agrees settlement

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

Elsewhere On The Network

Popular On MGPToday.com

Accusing Dorna of favouring Spaniards...

Tech 3 Yamaha boss Herve Poncharal discusses the explosive finale to the...
6h ago from Motorsport.com

Two more years or retirement - Rossi

Valentino Rossi has said that he will either remain in motogp for two...
5h ago from SuperSport.com

Di Meglio undergoes surgery after testing crash

Aprilia test rider Mike di Meglio has undergone surgery on his right elbow...
7h ago from Motorsport.com

Dramatic track debut 2016 Aprilia MotoGP RS-GP crashed...

Dramatic track debut 2016 Aprilia MotoGP RS-GP crashed its first laps at...
18h ago from MotoGPFanatic.com

Popular On IndyCarToday.com

IndyCars tougher than ever to drive in 2016, says...

Team Penske’s Simon Pagenaud is impressed with the increased downforce...
1d ago from Motorsport.com

INDYCAR: Aero comparo views

Direct comparison views of the new aero pieces debuting this week in...
22h ago from Racer.com

INDYCAR: Chilton encouraged after first test

New Chip Ganassi Racing driver Max Chilton turned his first laps in an...
1d ago from Racer.com

INDYCAR: Herta open to second Indy 500 entry

Bryan Herta says that he is hoping to run a second car for this year's...
18h ago from Racer.com

Popular On TotalWRC.com

Bertelli withdraws from Rally Sweden, angry at...

World Rally Championship driver Lorenzo Bertelli has withdrawn from...
8h ago from Crash.net

Rally Sweden - Leaderboard after SS16

The leading standings after SS16 of the Swedish Rally, the second round...
2h ago from Crash.net

SS12: Paddon tears into Ogier lead

Kiwi piles pressure onto Frenchman with stunning drive
6h ago from WRC.com

SS10: Mikkelsen makes his move

Norwegian climbs to third
8h ago from WRC.com

Popular On GunnersToday.com

Assists and goals the same for a striker, says Wenger

Arsene Wenger is not concerned by Olivier Giroud's recent slump in front...
3h ago from Football365.com

Nigerian hotshot: This is why I rejected a move to...

FIFA VIA GETTY SNUB: Victor Osimhen rejected Arsenal for Wolfsburg...
46m ago from DailyStar.co.uk

Arsenal confident Mesut Ozil will stay and sign new...

Arsenal will push ahead with plans to hand midfielder Mesut Ozil new deal...
46m ago from Telegraph.co.uk

Arsenal midfielder Mesut Ozil emerges as a target for...

The German's contract runs down in 2018 and might not sign a renewal
5h ago from SportsKeeda.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.