News Details

Bernie plays £60m get out of jail free card

Bernie Ecclestone's long, drawn-out bribery trial is nearly over after the F1 boss agreed to a £60 million ($100 million) out-of-court settlement. Bavarian state prosecutors confirmed to the district Munich court on Tuesday that the sport's commercial rights holder has offered to make the payment, believed to be the largest in German legal history. The 83-year-old Ecclestone was accused of bribing former banker Gerhard Gribkowsky during the sale of a major stake in the motor sport business eight years ago. The trial started in April and was expected to drag on, but a settlement has now been reached with the state prosecutor revealing that Ecclestone's advanced age and other...
Full Story »
9y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Ecclestone agrees settlement

Bernie Ecclestone has agreed an £80m settlement in his bribery...
9y ago from SkySports.com

Settlement of German Ecclestone bribery case possible...

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

Ecclestone seeks settlement to end bribery trial

Bernie Ecclestone's lawyers say he is willing to pay a £20 million...
9y ago from Crash.net

Ecclestone set for $100-million settlement

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

Elsewhere On The Network

Popular On MGPToday.com

Vinales: Aprilia COTA MotoGP win has ‘different...

Maverick Vinales believes that his maiden win with Aprilia in MotoGP at...

Ducati: Bastianini's COTA MotoGP podium an...

Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Team News: Wolverhampton Wanderers vs. Arsenal injury,...

Sports Mole rounds up all of the latest injury and suspension news ahead...
30m ago from SportsMole.co.uk

Premier League gameweek 34: Confirmed team news and...

Sports Mole rounds up every Premier League club's confirmed team news...
3h ago from SportsMole.co.uk

Comments

Hottest News

FIA announce crucial top three UPDATE in China after...

The top three drivers for Saturday's sprint race... Read More »
2h ago from GPFans.com

Sainz is desperate to leave Ferrari just now

With Lewis Hamilton's arrival at Scuderia Ferrari... Read More »
40m ago from GPBlog.com

F1 Sprint Qualifying Results: Chinese Grand Prix 2024 times...

George Russell saved himself from an ignominious... Read More »
11h ago from GPFans.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.