News Details

Ecclestone hails capitalist court settlement

Bernie Ecclestone on Wednesday hailed the "capitalist system" that saw him escape a bribery trial by paying the German court a record $100 million settlement. On Tuesday, the judge in Munich rubber-stamped the deal struck between the F1 supremo's lawyers and the prosecutors in the case surrounding a $44 million bribe made years ago to jailed Gerhard Gribkowsky. Clearly, the fact a figure like billionaire Briton Ecclestone was able to cling to power in F1 and avoid jail simply by dipping into his vast fortune has been highly controversial. The 83-year-old is unapologetic. "It's certainly a bit unfortunate to pay so much money," he told Wednesday's edition of the German...
Full Story »
1y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Ecclestone hails ‘capitalist’ court settlement

Ecclestone hails ‘capitalist' court settlementPosted On 06 Aug...
1y ago from ThisIsF1.com

Ecclestone triumphs in court but pays up $100 million

Bernie Ecclestone during his final day in court A German court on Tuesday...
1y ago from GrandPrix247.com

Ecclestone bribery trial set for $100m settlement

Bernie Ecclestone has been attending the German court since April this...
1y ago from espnF1.com

Settlement of German Ecclestone bribery case possible...

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

Elsewhere On The Network

Popular On MGPToday.com

Randy Mamola: Rossi and Vinales, the friendship with...

In his latest Motorsport.com column, former 500cc star Randy Mamola...
13h ago from Motorsport.com

Iannone loses Ducati ride, Dovizioso extends contract

Ducati have decided to part ways with Andrea Iannone to make room for...
14h ago from SuperSport.com

Iannone fastest in free practice in Italy

Italy's Andrea Iannone of Ducati posted the fastest time following the...
14h ago from SuperSport.com

Rabat set for Barcelona return

Tito Rabat will make a return to the MotoGP championship this weekend at...
15h ago from MotorcycleNews.c...

Popular On IndyCarToday.com

PRUETT: Inside Rossi’s wild rise to Indy 500 glory

Page 1 of 3 Reading through the lap chart from Sunday's Indy 500 and...
31m ago from Racer.com

Stefan Wilson: “Thanks to everyone for their...

In his final Indy 500 column for Motorsport.com, Stefan Wilson thanks the...
5h ago from Motorsport.com

Hildebrand takes positives from Indy, sorry...

J.R. Hildebrand says he’s pleased but not satisfied with his Indy...
2h ago from Motorsport.com

Rossi earns $2.5m for Indy 500 win

Andretti Autosport’s Alexander Rossi earned $2,548,743 from an overall...
14h ago from Motorsport.com

Popular On TotalWRC.com

New Citroën leaves drivers grinning

Meeke, Breen and Lefebvre left with banana smiles
18h ago from WRC.com

Debut date set for new Hyundai

Advertising The Dutchman, who has conducted all the car’s testing this...
14h ago from WRC.com

Available now: WRC Regroup podcast

New edition available to download
1d ago from WRC.com

Lydden WRX: Solberg leads Day 1 as Loeb hits trouble

Reigning World Rallycross Champion Petter Solberg leads the way after the...
3d ago from Motorsport.com

Popular On GunnersToday.com

New Romanian Aaron Ramsey hairstyle is WORSE than his...

Ramsey's infamous Bebo selfie suddenly doesn't look that bad! Aaron...
5h ago from CaughtOffside.com

Arsenal's bitter rivals set to ruin transfer plans...

Ajax youngster Riechedly Bazoer is coming off a superb season for the...
9h ago from CaughtOffside.com

German Reports: Arsenal Have Made ‘Lucrative...

Arsenal have made a ‘lucrative offer' to sign a Borussia Dortmund...
7h ago from FreshArsenal.com

Deal Close: Arsenal Set To Sign Impressive £19million...

Arsenal are believed to be closing in on the signing of a new left-back....
8h ago from FreshArsenal.com

Comments

Hottest News

Ericsson crashed deliberately in Monaco

A Brazilian F1 correspondent claims Sauber driver... Read More »
17h ago from ThisIsF1.com

Ferrari in crisis trumpet Italian media

Ferrari has gone from targeting Formula 1 title... Read More »
19h ago from GrandPrix247.com

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.