News Details

Ecclestone ' close to settle' for $100-million deal in his F1 bribe case

MUNICH, Germany, Aug 04, 2014 (AFP) - Formula One tycoon Bernie Ecclestone is heading for a $100 million settlement to halt his bribery trial in Germany, local media reported at the weekend. The 83-year-old Briton upped his offer to secure a deal, according to reports which said if it goes ahead it would the biggest of its kind. The Munich court where the trial is due to resume on Tuesday has told witnesses scheduled to give testimony this week not to bother to turn up. Ecclestone went on trial in April on charges of paying a $44-million (33-million-euro) bribe to a BayernLB bank executive for help in maintaining his four-decade grip on Formula One. He...
Full Story »
2y ago from F1Plus.com 0
Share

You May Also Be Interested In...

Ecclestone set for $100-million settlement

Formula One tycoon Bernie Ecclestone is heading for a $100 million...
2y ago from SuperSport.com

F1 should welcome Ecclestone settlement says Lauda

Niki Lauda with Bernie Ecclestone Niki Lauda says Formula 1 should welcome...
2y ago from GrandPrix247.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

Ecclestone seeks to end bribery trial

Bernie Ecclestone has been attending the trial since April Getty Images...
2y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

WorldSBK and BSB now available on Amazon, MotoGP next?

Amazon will now broadcast Eurosport and ITV content, and is in the running...
13h ago from BikeSportNews.com

‘Nicky will be missed by all of us’ - Wayne...

Rainey says Nicky Hayden will be remembered for his work ethic, his...
1d ago from BikeSportNews.com

MotoGP Le Mans: Last-lap crash a mystery for Rossi

Rossi is mystified by the last-lap crash which saw him lose at least 20...
3d ago from BikeSportNews.com

Hayden in critical condition after collision with car...

Ex MotoGP world champion and current Honda World Superbike factory rider...
1w ago from MotoGPFanatic.com

Popular On IndyCarToday.com

IndyCar releases new images of '18 aero

IndyCar’s 2018 universal bodywork is “99 percent” finished...
2h ago from Racer.com

IndyCar reveals new images of 2018 aerokits

The IndyCar series has shared the most revealing look yet at the aerokits...

Rear View: 1967's STP Paxton-Turbocar

Page 1 of 2 It's the Indy 500's defining car. Radical, mind-bending...
3h ago from Racer.com

Bourdais replacement Davison hoping for Carb Day...

James Davison hit 223mph during his first practice session at the...
42m ago from TheCheckeredFlag...

Popular On TotalWRC.com

Carlos Sainz drives Rally Portugal's Fafe stage with...

Two-time World Rally Champion Spaniard back at the wheel of a rally car on...

Vodafone Rally de Portugal: Debrief part 2

Vodafone Rally de Portugal:Debrief part 2 First in a run of four European...
7h ago from WRC.com

2017 Vodafone Rally de Portugal – Analysis:...

Sebastian Ogier used all his skill and guile to take an intelligent win in...

Portugal debrief: part 1

Portugal debrief: part 1 In the opening part of our look back at an...
15h ago from WRC.com

Popular On GunnersToday.com

Team news: Alexis, Ox, Mustafi, Gabriel

Arsène Wenger has revealed the latest team news update ahead of...
1h ago from Arsenal.com

Barcelona 'to push ahead with chase for Hector...

Barcelona will reportedly renew their attempt to sign Hector Bellerin...
2h ago from SportsMole.co.uk

Karl-Heinz Rummenigge: 'Bayern Munich will not be...

Bayern Munich chief executive Karl-Heinz Rummenigge has insisted that the...
3h ago from SportsMole.co.uk

Arsenal without UCL: Blessing in disguise?

Nicol gives his take on whether or not Arsenal's Champions League absence...
4h ago from ESPNFC.co.uk

Comments

Hottest News

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.