News Details

Ecclestone trial to end after settlement

– Bernie Ecclestone's bribery trial will come to an end after the Formula 1 supremo reached a settlement worth $100 million (60 million pounds) with state prosecutors, a Munich court confirmed on Tuesday.Ecclestone, 83, went on trial in April over allegations that he bribed banker Gerhard Gribkowsky with a $44 million payment as part of the sale of a major stake in the motorsport business to CVC Capital Partners in 2006.Ecclestone says he sent the payment after Gribkowsky, who is currently serving an eight and a half year jail sentence for accepting bribes, threatened to make false claims to UK authorities about his tax status.The state prosecutor has told the court that Ecclestone's...
Full Story »
1y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Ecclestone trial set to end after settlement

– Formula 1 supremo Bernie Ecclestone has agreed a settlement worth...
1y ago from GPUpdate.net

Ecclestone bribery trial set for $100m settlement

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

Settlement ends Bernie trial

Bernie Ecclestone has agreed an £60m settlement to end his bribery...
1y ago from SkySports.com

Prosecutors will accept ending Ecclestone trial for...

German prosecutors said Tuesday that they will accept closing Bernie...
1y ago from F1Pulse.com

Elsewhere On The Network

Popular On MGPToday.com

Analysis: How Rossi made Yamaha eat out of his hand

When he rejoined Yamaha from Ducati in 2013, Valentino Rossi was very much...
2h ago from Motorsport.com

Honda: Main concern is the electronics

I think at the moment the gap to Jorge and Vale is a lot to do with the...
1h ago from Crash.net

Tight schedule for new Aprilia

Aprilia Racing manager Romano Albesiano admits the factory's all-new...
6h ago from Crash.net

Miller returns to MotoGP action at Phillip Island test

The young Australian will team up with Rabat after being passed fit to ride
8h ago from BikeSportNews.com

Popular On IndyCarToday.com

RACER: Sonoma IndyCar testing footage

RACER's Marshall Pruett brings you footage of Wednesday's Chevy...
11h ago from Racer.com

INDYCAR: Sonoma testing gallery

Images from Wednesday's test day for Chevrolet-powered teams from Chip...
15h ago from Racer.com

INDYCAR: Penske and Ganassi drivers relish Sonoma test

Six Verizon IndyCar Series drivers completed a one-day test session at...
15h ago from Racer.com

INDYCAR: Gallagher & Co. backing for Chilton

International insurance brokerage and risk management services firm...
1d ago from Racer.com

Popular On TotalWRC.com

WRC gamers gear up for eSports round two

eSports WRC brings the best WRC 5 drivers together for a tournament that...
5h ago from WRC.com

Swedish stage teams work through the night

Organisers sent road-levelling machinery into the Vargåsen,...
2h ago from WRC.com

Rally Sweden's fate to be decided in Thursday meeting

Rally Sweden's fate hangs in the balance, as Michelin called a meeting on...
4h ago from Motorsport.com

Ogier blasts 'idiot' decision

World champion Sebastien Ogier blasted Rally of Sweden organisers as...
20h ago from SuperSport.com

Popular On GunnersToday.com

JGs - Check Out Spot Gunner!

The players have been getting involved in an ongoing JG TV Challenge...
2h ago from Arsenal.com

Behind the Numbers: Gunners at high noon

With Arsenal facing Leicester City at midday on Sunday, our infographic...
3h ago from Arsenal.com

Stats show this year's Premier League title race...

The Premier League is heading for an exciting finish this season
1h ago from SportsKeeda.com

Revealed: The title-winning teams with the highest...

EXPRESS SPORT takes a look at the triumphant teams that accumulated the...
4h ago from Express.co.uk

Comments

Hottest News

GP2 drivers hit out at Carmen Jorda

Renault development driver Carmen Jorda has been... Read More »
3h ago from F1i.com

Renault: Red Bull pace will be 'painful' benchmark

The French car manufacturer is under no illusions... Read More »
4h ago from Motorsport.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.