News Details

F1 boss Ecclestone pays to end trial

A German court has agreed to end the bribery trial of Formula 1 boss Bernie Ecclestone in exchange for a $100m (£60m) payment from him. Mr Ecclestone's offer was based on an existing provision in German law. Earlier on Tuesday German prosecutors accepted the offer from the 83-year-old billionaire who dominates motor racing. He went on trial in April, accused of paying a German banker 33m euros (£26m; $44m) to ensure that a company he favoured could buy a stake in F1. He denies wrongdoing. The ruling means he walks free from the district court in Munich and can continue running the sport. It also means Mr Ecclestone is found neither guilty nor innocent. His personal wealth is put at $4.2bn...
Full Story »
2y ago from BBC.co.uk 0
Share

You May Also Be Interested In...

Ecclestone make $100m payment, confirms court

A German court says Bernie Ecclestone has made the $100 million payment...
2y ago from F1Pulse.com

Ecclestone pays up

Bernie Ecclestone's legal troubles are behind him as a German court has...
2y ago from PlanetF1.com

Ecclestone settled case for good of F1 says lawyer

Bernie Ecclestone ended his bribery trial with a record $100 million...
2y ago from GrandPrix.com

Lawyer says Ecclestone paid $100 million for good of F1

Lawyer Sven Thomas with his client Bernie Ecclestone Formula 1 supremo...
2y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Marquez ready for unpredictable Silverstone

MotoGP World Championship leader Marc Marquez believes that at Silverstone...
12h ago from SuperSport.com

Smith will need further surgery on leg injury

Bradley Smith says the knee injury that has ruled him out of this...
19h ago from Motorsport.com

‘I’m going to have a go’ says Lowes ahead of...

Britain’s Alex Lowes will make his competitive MotoGP debut at...
22h ago from BikeSportNews.com

Smith apologises to home fans for absence

– Tech 3 Yamaha rider Bradley Smith has issued an apology to...
22h ago from GPUpdate.net

Popular On IndyCarToday.com

Enerson gets Dale Coyne seat for last races

– RC Enerson will return to Dale Coyne Racing for the final two...
1h ago from GPUpdate.net

PRUETT: Painting the IndyCar points picture

The hunt for the 2016 Verizon IndyCar Series championship has come down...
19h ago from Racer.com

VIDEO: Firestone 600 highlights

Still catching your breath from Saturday night's Firestone 600 at Texas...
13h ago from Racer.com

INDYCAR: Negrao, Urrutia, Veach set for Sonoma test

The final test during the season will take place on Sept. 8 at Sonoma...
16h ago from Racer.com

Popular On TotalWRC.com

Solberg will contest French World RX round after...

Reigning World Rallycross champion Petter Solberg, who was involved in a...
23h ago from Motorsport.com

Smeets named new VW Motorsport boss

Belgian gets top job following Capito's departure
22h ago from WRC.com

Volkswagen appoints Smeets to replace McLaren-bound...

Volkswagen has appointed former WRC co-driver Sven Smeets as its new...
1d ago from Motorsport.com

Scheider set for World Rallycross return in Barcelona

Audi DTM driver Timo Scheider is set to compete for All-Inkl.com Munnich...
1d ago from Motorsport.com

Popular On GunnersToday.com

Done deal: Arsenal officially confirm move for another...

The 21-year-old defender becomes the latest addition to Aitor Karanka's...
1h ago from ArsenalFever.com

Striker and defender arrive as the departure lounge...

Well, yesterday turned out to be a busy day. A strange day at times, but...
1h ago from Arseblog.com

The purchase of Shkodran Mustafi is a significant move...

N FC answer your latest tweets on Juventus, Mustafi and Arsenal's title...
2h ago from ESPNFC.co.uk

The Sweeper: Wilshere's available

FC's Alexis Nunes presents The Sweeper where Jack Wilshere may leave on...
7h ago from ESPNFC.co.uk

Comments

Hottest News

Mad Max – ‘Someone would have put him in a tree’

Considering how much paperwork the FIA must have... Read More »
17h ago from F1.co.uk

Perez hints news about future imminent

News about Sergio Perez's future may now be... Read More »
3h ago from ThisIsF1.com

Wolff denies Manor now ‘Toto Rosso’

Toto Wolff has played down claims he is turning... Read More »
3h ago from ThisIsF1.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.