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 »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ecclestone trial to end after settlement
– Bernie Ecclestone's bribery trial will come to an end after the...
9y ago from GPUpdate.net
Bank rejects Ecclestone's compensation offer
Bernie Ecclestone with Gerhard Gribkowsky
Formula 1 supremo Bernie...
9y ago from GrandPrix247.com
German bank rejects £33m Ecclestone settlement offer
Getty Images Enlarge German bank BayernLB has rejected a settlement...
9y ago from espnF1.com
Charity surprised by $1 million Ecclestone payment
Bernie Ecclestone in court
Officials of a German children's charity were...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
17h ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
21h ago from Motorsport.com
Marquez: Rossi-like Acosta can't be ruled out of...
No description available...
2d ago from Motorsport.com
Quartararo stresses ‘quality over quantity’ with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Power “didn't have any defense” against Dixon due...
No description available...
14h ago from Motorsport.com
Brake issues hinder Rosenqvist’s chances for victory...
No description available...
13h ago from Motorsport.com
Arrow McLaren confirms Pourchaire for Barber...
No description available...
21h ago from Motorsport.com
Pourchaire earns second IndyCar outing with Arrow...
Arrow McLaren announced Tuesday morning that Theo Pourchaire will driver...
21h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
1d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
2d ago from Motorsport.com
Mārtiņš Sesks to drive M-Sport Ford Puma Rally1 in...
Latvia’s Mārtiņš Sesks will benefit from the support of WRC Promoter...
1d ago from MotorsportWeek.c...
Ogier's last-gasp Croatia Rally victory on surprising...
There had been no major incident on WRC Croatia for 17 stages. That...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Exclusive: Arsenal could consider midfielder transfer...
Arsenal could be ready to consider selling midfielder Thomas Partey this...
26m ago from CaughtOffside.com
'That's a bad challenge!' | Should Jackson have seen...
Chelsea striker Nicolas Jackson avoided even being booked for this...
1h ago from SkySports.com
Exclusive: Arsenal FC expert reveals the truth about...
Arsenal journalist Charles Watts has revealed the truth behind the ongoing...
1h ago from CaughtOffside.com
Arsenal in talks with exciting striker; ready to offer...
It's not a secret that Arsenal need to bolster their front line with a...
2h ago from CaughtOffside.com
Comments
Hottest News
Schumacher reveals what F1 pundits are NOT allowed to say...
F1 veteran Ralf Schumacher has offered a blunt... Read More »
2h ago from GPFans.com
Men in Blue: Miami Spice for Scuderia Ferrari
As announced on Tuesday, Ferrari will unveil a... Read More »
36m ago from F1i.com
Red Bull already sending parts to F1 race MONTHS away
A pitlane reporter has revealed that Red Bull... Read More »
46m ago from GPFans.com