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 »
2y 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...
2y ago from SkySports.com

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
2y ago from ThisIsF1.com

Ecclestone seeks settlement to end bribery trial

Bernie Ecclestone's lawyers say he is willing to pay a £20 million...
2y ago from Crash.net

Ecclestone set for $100-million settlement

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

Elsewhere On The Network

Popular On MGPToday.com

Hayden's funeral to take place on Monday

– Nicky Hayden's funeral will be held in his home town of...
1d ago from GPUpdate.net

Rossi taken to hospital after motocross crash

Rossi crashed while training on his motocrosser and was taken to Rimini...
3d ago from BikeSportNews.com

Rossi to continue his recovery at home

amaha rider Valentino Rossi has been discharged from hospital, following...
2d ago from GPUpdate.net

No further medical complications for Rossi

– Yamaha says Valentino Rossi is making "positive...
2d ago from GPUpdate.net

Popular On IndyCarToday.com

Despite blowup, Alonso hits the mark at Indy

His race ended like so many others have the past couple years –...
10h ago from Racer.com

Indy win helps 'correct' risky 2012 move - Sato

Takuma Sato says his 2017 Indianapolis 500 victory for Andretti Autosport...
9h ago from Racer.com

Sato: Indianapolis 500 win 'unbelievable'

– Takuma Sato has described an "unbelievable" feeling...
2h ago from GPUpdate.net

GALLERY: 101st Indianapolis 500

A selection of highlights from the 101st running of the Indianapolis 500
4h ago from SpeedCafe.com

Popular On TotalWRC.com

Østberg tops Fafe jumpers

Østberg tops Fafe jumpers High-flying Mads Østberg was king of the...
1d ago from WRC.com

Sainz rolls back the years

Sainz rolls back the years Rallying legend Carlos Sainz turned back the...
2d ago from WRC.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...

Lappi positive after Portugal points

Finn rounds off successful World Rally Car debut with Power Stage points
2d ago from WRC.com

Popular On GunnersToday.com

Arsenal on verge of making Wenger announcement, key...

Arsenal boss Arsene Wenger is reportedly set to win his boardroom battle...
2h ago from CaughtOffside.com

Gerard Deulofeu Confirms AC Milan Exit

It has been revealed that Everton winger Gerard Deulofeu has confirmed...
7h ago from Nastytackle.com

Ivan Perisic Close To Joining Manchester United

Reports are out claiming that Inter Milan winger Ivan Perisic is on the...
7h ago from Nastytackle.com

Comments

Hottest News

Ferrari chiefs hail the ’omnivorous’ SF70-H

Ferrari team principal Maurizio Arrivabene and... Read More »
58m ago from F1Technical.net

Conclusions from the Monaco Grand Prix

Ferrari have broken their Monaco hoodoos but is... Read More »
3h ago from PlanetF1.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.