News Details

Ecclestone goes sailing after $100m settlement

Bernie Ecclestone's yacht Petara Formula 1 supremo Bernie Ecclestone's bribery trial and charges have been officially dropped, after he lodged his headline grabbing $100 million settlement with Munich authorities, and he promptly set sail for a holiday. After the deal was announced recently, the 83-year-old Briton had one week to actually pay the funds – $99 million to the Bavarian state, and $1 million to a German children's charity. 'After the payment of the agreed amount to the recipients, the court ceased criminal proceedings', Munich spokeswoman Margarete Notzel confirmed to the German news agency DPA. Ecclestone is celebrating the end of proceedings by holidaying aboard his...
Full Story »
10mo ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Ecclestone trial to end after settlement

– Bernie Ecclestone's bribery trial will come to an end after the...
10mo ago from GPUpdate.net

Bank rejects Ecclestone's compensation offer

Bernie Ecclestone with Gerhard Gribkowsky Formula 1 supremo Bernie...
10mo ago from GrandPrix247.com

German bank rejects £33m Ecclestone settlement offer

Getty Images Enlarge German bank BayernLB has rejected a settlement...
10mo ago from espnF1.com

Charity surprised by $1 million Ecclestone payment

Bernie Ecclestone in court Officials of a German children's charity were...
10mo ago from GrandPrix247.com

Elsewhere On The Network

Popular On MotoGPToday.com

Iannone positive despite issues

MotoGP Ducati rider Andrea Iannone, who finished in fourth place at...
1h ago from SuperSport.com

Team bosses react to #RossiVsMarquez

Massimo Meregalli and Livio Suppo give their views on the dramatic final...
18h ago from MotoGP.com

MotoGP Race Director talks Rossi, Marquez incident

MotoGP Race Director Mike Webb has explained exactly why the last corner...
2d ago from Crash.net

Rossi still wary of Marquez title threat

Valentino Rossi says that Saturday’s Dutch TT victory was his most...
15h ago from Motorsport.com

Popular On IndyCarToday.com

IndyCar: 'Insane' race spurs critics, supporters

Several leading IndyCar drivers including Juan Pablo Montoya, Will Power...
1d ago from Racer.com

RACER Video: Robin Miller's message to IndyCar boss...

The RACER Channel's Robin Miller unloads on an empty house at Auto Club...
1d ago from Racer.com

IndyCar: Rahal ends win drought in Fontana's tense...

Graham Rahal ended a streak of 125 IndyCar races without a win in a...
2d ago from Racer.com

High-intensity pack racing infuriates some, enthralls...

The 500-mile contest at Auto Club Speedway provided some spectacular...
2d ago from Motorsport.com

Popular On TotalWRC.com

Speed king Mikkelsen targets Østberg

Volkswagen ace eyes second place in the standings
18h ago from WRC.com

Blast-off for WRC's summer of speed

After three consecutive rough-road rallies, the pace will hot up for...
17h ago from WRC.com

Allow Seb Ogier to brighten up your Sunday

As you probably know by know, I am a fan of Sebastien Ogier and what (and...

Can he Kubica it under control?

Robert Kubica, that guy, yeah, if only he could somehow combine speed,...

Popular On GunnersToday.com

Arsenal complete £10m signing of Chelsea star

Arsenal have completed the signing of Petr Cech from Chelsea in a...

Cech could 'be the difference'

David Seaman believes Arsenal's signing of Petr Cech could be the...
2h ago from SkySports.com

Arsenal star Kieran Gibbs and twin brother Jaydon all...

Kieran Gibbs has been enjoying the last few days of his summer holiday...
6h ago from DailyMail.co.uk

Arsenal playmaker Mesut Ozil and Manchester United ace...

Arsenal playmaker Mesut Ozil and Manchester United ace Ander Herrera turn...
6h ago from DailyMail.co.uk

Comments

comments powered by Disqus

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.