News Details

Ecclestone to be cleared after £60m payment

Bernie Ecclestone looks likely to avoid any further investigation into whether or not he paid a bribe to German banker Gerhard Gribkowsky in 2005 after agreeing an out-of-court settlement. The 83-year-old billionaire will pay £60 million ($100m) to the state of Bavaria in what is believed to be Germany's largest ever settlement. It is expected the news that the charges will be dropped will be confirmed on Tuesday, ending a two-year trial which wasn't expected to reach a final conclusion until late-September. "It seems that we will be successful in the settlement," Ecclestone's laywer Sven Thomas told the Indepedent. "The amount is not confidential. They are talking...
Full Story »
9y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
9y ago from ThisIsF1.com

Ecclestone to keep F1 job after $100m court deal

Ecclestone to keep F1 job after $100m court dealPosted On 02 Aug 2014By :...
9y ago from ThisIsF1.com

Ecclestone set for $100-million settlement

Formula One tycoon Bernie Ecclestone is heading for a $100 million...
9y ago from SuperSport.com

Ecclestone bribery case could be settled

German prosecutors held talks on Tuesday with lawyers for Formula One...
9y ago from SuperSport.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...

Popular On IndyCarToday.com

Pourchaire earns second IndyCar outing with Arrow...

Arrow McLaren announced Tuesday morning that Theo Pourchaire will driver...
10h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Mārtiņš Sesks to drive M-Sport Ford Puma Rally1 in...

Latvia’s Mārtiņš Sesks will benefit from the support of WRC Promoter...

Ogier's last-gasp Croatia Rally victory on surprising...

There had been no major incident on WRC Croatia for 17 stages. That...

Popular On GunnersToday.com

Manchester United, Arsenal dealt blow in pursuit of...

Premier League duo Manchester United and Arsenal suffer a blow in their...
52m ago from SportsMole.co.uk

Pochettino refuses to blame Chelsea players despite...

t;li>Chelsea lose 5-0 in their heaviest defeat against...
1h ago from TheGuardian.com

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.