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
How MotoGP brakes work: Secrets of stopping a 220mph...
No description available...
16h ago from Motorsport.com
Ducati: Bastianini's COTA MotoGP podium an...
Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...
16h ago from MotorsportWeek.c...
Quartararo: Marquez's Honda exit "woke a lot of...
No description available...
20h ago from Motorsport.com
COTA: F1 and MotoGP double-header possible but not...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Pourchaire to make IndyCar debut in Long Beach with...
Arrow McLaren has announced that the reigning Formula 2 champion Theo...
20h ago from MotorsportWeek.c...
Pourchaire to make IndyCar debut for Arrow McLaren
No description available...
21h ago from Motorsport.com
IndyCar's new Aeroscreen makes early debut at Long...
The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...
2d ago from MotorsportWeek.c...
IndyCar rolling out new version of aeroscreen for Long...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Sebastian Ogier tops Croatia Rally shakedown
Sébastien Ogier announced his return to FIA World Rally Championship...
14h ago from MotorsportWeek.c...
Hyundai enacts contingency plan after WRC Kenya fuel...
No description available...
16h ago from Motorsport.com
WRC 2025 rules limbo creating “critical” situation...
No description available...
19h ago from Motorsport.com
Ireland’s bid to rejoin the WRC in 2025 halted
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal keeping tabs on long-term target with 16 goals...
Arsenal are reportedly keeping tabs on the Juventus striker Dusan Vlahovic...
31m ago from CaughtOffside.com
'Pressure is on, Mikel' – Collymore questions...
Mikel Arteta couldn't hide his disappointment after Arsenal were dumped...
1h ago from CaughtOffside.com
“Forget the players, it’s on you now” - Mikel...
No description available...
11m ago from SportsKeeda.com
Manchester United & Arsenal would directly...
Julian Nagelsmann could make several changes in the Bayern Munich squad...
1h ago from CaughtOffside.com
Comments
Hottest News
F1 Sprint Qualifying Results: Chinese Grand Prix 2024 times...
George Russell saved himself from an ignominious... Read More »
2h ago from GPFans.com
Provisional starting grid Sprint race China: Norris starts...
Lando Norris managed to cope best with the wet... Read More »
51m ago from GPBlog.com
2024 F1 Chinese Grand Prix - Free Practice results
Check out the results from Free Practice ahead of... Read More »
5h ago from RacingNews365.com