News Details
German bank rejects Bernie's offer
Bernie Ecclestone's legal woes may not be over after Munich-based bank BayernLB rejected his 25 million euro settlement offer. Last week he avoided the possibility of a jail term in Germany when he paid $100 million for his bribery case to be dropped. The case related to allegations that the Brit had bribed former banker Gerhard Gribkowsky to facilitate the sale of F1 to CVC in 2006. The state prosecutor revealed that Ecclestone's advanced age, 83, as well as other circumstances supported the acceptance of a settlement. However, his troubles may not be over. On Friday, German bank BayernLB, who allege Ecclestone undervalued F1's worth in the sale of its shares to CVC, rejected his offer of...
Full Story »
Full Story »
9y ago from PlanetF1.com
0
You May Also Be Interested In...
German Bank Rejects $33m Offer from F1 boss Bernie...
German Bank Rejects $33m Offer from F1 boss Bernie EcclestonePosted On 08...
9y ago from ThisIsF1.com
Ecclestone offer rejected by German bank
German bank BayernLB has turned down a £20 million settlement offer from...
9y ago from Crash.net
Ecclestone set for $100-million settlement
Formula One tycoon Bernie Ecclestone is heading for a $100 million...
9y ago from SuperSport.com
Ecclestone trial set to end after settlement
– Formula 1 supremo Bernie Ecclestone has agreed a settlement worth...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Pramac's Morbidelli still "missing freedom"...
No description available...
6h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
11h ago from MotorsportWeek.c...
Oliveira frustrated by "baby steps" as 2024...
No description available...
11h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's half-baked...
No description available...
4h ago from Motorsport.com
Rasmussen, Siegel and Simpson complete oval rookie...
No description available...
23h ago from Motorsport.com
Rosenqvist: Confidence within MSR growing with every...
Felix Rosenqvist has started off his time with Meyer Shank Racing on a...
1d ago from MotorsportWeek.c...
Rising concerns in IndyCar over PFC’s braking system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Kenya president pushing for longer WRC Safari Rally
No description available...
3h ago from Motorsport.com
Neuville pips Tänak in Safari opener
FIA World Rally Championship leader Thierry Neuville took a slender...
5h ago from MotorsportWeek.c...
How WRC Rally1 teams embraced the return of the...
No description available...
5h ago from Motorsport.com
WRC Safari Rally: Neuville edges Tanak to grab early...
No description available...
9h ago from Motorsport.com
Popular On GunnersToday.com
Crunch time: Easter games that have shaped the Premier...
the sharp end of the season fast approaches, here are four classic matches...
5h ago from TheGuardian.com
Barcelona Transfer News Roundup: Blaugrana suffer...
No description available...
1h ago from SportsKeeda.com
'It's a team that deserves to be at the top' - Gael...
No description available...
3h ago from SportsKeeda.com
'Going to be decided by what happens in the big...
No description available...
3h ago from SportsKeeda.com
Comments
Hottest News
Vettel CONFIRMS F1 comeback and reveals what's holding it up
Ever since Lewis Hamilton made the shock... Read More »
3h ago from GPFans.com
Top manufacturer takes HUGE step towards F1 return
A top manufacturer has taken a significant step... Read More »
9h ago from GPFans.com
F1 colleagues UNFOLLOW each other as internal drama cranks...
A key RB figure has unfollowed his colleague... Read More »
1h ago from GPFans.com