News Details

Formula One boss Bernie Ecclestone faces massive penalty as bribery trial begins in Germany

Munich, Germany:  Formula One supremo Bernie Ecclestone went on trial in Germany Thursday accused of bribery in a case which threatens a jail term for the Briton who has controlled the motor sport for four decades. Ecclestone, 83, has denied charges of bribery and abetting breach of trust over a $44 million (31.8 million euro) payment he made to former German banker Gerhard Gribkowsky, who has since been jailed.Prosecutors charge the money was a bribe meant to ensure the German bank BayernLB sold its shares in Formula One to Ecclestone's preferred bidder, CVC Capital Partners, to maintain his control over the sport.At the start of the Munich trial, watched by dozens of journalists,...
Full Story »
4y ago from NDTVSports.com 0
Share

You May Also Be Interested In...

Formula 1 boss Ecclestone faces German bribery trial...

t">Bernie Ecclestone in the dock again Formula 1 chief executive...
4y ago from GrandPrix247.com

Formula One Bernie Ecclestone boss facing bribery...

Berlin:  Formula One magnate Bernie Ecclestone faces bribery charges...
4y ago from NDTVSports.com

Formula 1 must look beyond Ecclestone era warns Wolff

Bernie Ecclestone with Toto Wolff On the eve of a trial that could send...
4y ago from GrandPrix247.com

Ecclestone trial to begin in Germany

Formula 1 boss Bernie Ecclestone is set to appear at the start of a trial...
4y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Pedrosa: Loss of form in 2018 is...

No description available...
20h ago from Motorsport.com

Rossi: Fourth in the points now the...

No description available...
1d ago from Motorsport.com

Lorenzo free to test with Honda, says Ducati boss...

Ducati's departing MotoGP star Jorge Lorenzo will be free to test with...
23h ago from BikeSportNews.com

Popular On IndyCarToday.com

Alonso says 2018 IndyCar test "possible"

No description available...
14h ago from Motorsport.com

Video: Full Race: 1988 Quaker State 500 at Pocono

Team Penske's Rick Mears was on the pole for the 1988 Quaker State...
15h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Title duo keen to put Finnish woes behind them at...

FIA World Rally Championship title heavyweights Thierry Neuville and...
19h ago from TheCheckeredFlag...

Popular On GunnersToday.com

Arsenal news: Unai Emery sent bold advice over Petr...

ARSENAL star Petr Cech deserves to keep his place in goal.
2h ago from DailyStar.co.uk

Arsenal star Mesut Ozil SLAMMED by Real Madrid ace...

ARSENAL star Mesut Ozil has been taken to task by Toni Kroos over the way...
1h ago from DailyStar.co.uk

Bad news for Maitland-Niles : Cech to keep his place...

Happy Friday to you all. Let's begin with bad news, in the get it out of...
2h ago from Arseblog.com

Episode 488: Social Media Un-Cech-d

Welcome to another episode of the Arsecast – the Arsenal podcast....
3h ago from Arseblog.com

Comments

Hottest News

Alonso's scathing reason for leaving F1

Fernando Alonso isn’t one to hold back and if... Read More »
5h ago from TheParcFerme.com

Gossip: Alonso open to F1 return

Raikkonen to sign two-year Ferrari contract?Kimi... Read More »
1h ago from SkySports.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.