News Details

Ecclestone to keep F1 job after $100m court deal?

Bernie Ecclestone looks set to avoid jail and retain control of formula one. Germany's Suddeutsche Zeitung is reporting on Saturday that the F1 chief executive has negotiated a US $100 million settlement with prosecutors in his high-profile corruption case in Germany. The newspaper did not name its sources but said the settlement, negotiated in Munich on Saturday, will terminate the trial altogether and see all charges dropped. Earlier in the week, there was talk of a EUR 25 million compensation payment to the Munich state bank BayernLB. It is believed that, on Friday, the court told witnesses due to testify not to attend until further notice. Official confirmation is possible within the...
Full Story »
2y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Ecclestone to keep F1 job after $100m court deal

Ecclestone to keep F1 job after $100m court dealPosted On 02 Aug 2014By :...
2y ago from ThisIsF1.com

Ecclestone defence seeks deal to end bribery trial

Prosecutors and lawyers for Bernie Ecclestone are in talks about a...
2y ago from F1Pulse.com

F1 to look at rules to stop negativity says Ecclestone

Bernie Ecclestone Formula 1 chief executive Bernie Ecclestone thinks...
2y ago from GrandPrix247.com

F1 to look at rules to stop negativity says Ecclestone

Bernie Ecclestone thinks formula one needs to act now to prevent a...
2y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Marquez suffers injury scare

MotoGP Repsol Honda Team riders Marc Marquez and Dani Pedrosa were back in...
1d ago from SuperSport.com

Marquez dislocates shoulder in Jerez MotoGP test crash

The reigning MotoGP World Champion crashed at turn seven but was back out...
2d ago from BikeSportNews.com

‘With wings, we could win at Qatar’ says Lorenzo

Jorge Lorenzo is confident after a good test at Phillip Island and may yet...
6d ago from BikeSportNews.com

Márquez dislocates shoulder in test crash

– MotoGP World Champion Marc Márquez dislocated his shoulder in a...
2d ago from GPUpdate.net

Popular On IndyCarToday.com

IndyCar 2018 universal bodywork development update

Continual progress is being made with IndyCar's new-for-2018 universal...
15h ago from Racer.com

IndyCar seeks international, domestic expansion

Verizon IndyCar Series CEO Mark Miles continues to look for opportunities...
14h ago from Racer.com

Montoya has 'fun' in Risi Ferrari at Sebring

While Risi Competizione spent Friday getting ready for the upcoming Mobil...
3d ago from Racer.com

Hunter-Reay wins protracted suit against Gentilozzi

Above: Ryan Hunter-Reay races on the streets of Toronto in 2005. IndyCar...
4d ago from Racer.com

Popular On TotalWRC.com

Latvala reveals Ogier pressure

Finn frustrated by being in Ogier's shadow at VW
20h ago from WRC.com

Hyundai unveils driver scheme

Hyundai unveils driver scheme Hyundai Motorsport has launched a driver...
1d ago from WRC.com

Mexico City: Zocalo beats to WRC rhythm

Mexico City:Zocalo beats to WRC rhythm The FIA World Rally Championship...
4d ago from WRC.com

The best WRC city stages

The best WRC city stages The WRC is more rugged wilderness than urban...
4d ago from WRC.com

Popular On GunnersToday.com

Luke Hobbs named interim Academy Manager

Luke Hobbs is be our interim Academy Manager following Andries Jonker's...
2h ago from Arsenal.com

How many players has each Premier League team used so...

HICH Premier League team has fielded the smallest number of players this...
2h ago from DailyStar.co.uk

Club confirm Arsenal departure

GETTY Arsenal legend Freddie Ljungberg has followed Andries Jonker to...
7h ago from DailyStar.co.uk

Comments

Hottest News

Barcelona Test Day 2: Live Timing and Commentary

Follow the second day of the first Barcelona... Read More »
5h ago from F1Hub.net

Italian media unhappy with Ferrari 'news blackout'

The Italian media is slamming Ferrari for its... Read More »
51m ago from F1i.com

Barcelona Test Day 1: Live Timing and Commentary

F1 Live Timing and Commentary: Follow all the... Read More »
1d ago from F1Hub.net

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.