News Details

Bernie plays £60m get out of jail 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...

Bernie plays £60m get out of jail free card

Bernie Ecclestone's long, drawn-out bribery trial is nearly over after...
2y ago from PlanetF1.com

Ecclestone trial set to end after settlement

– Formula 1 supremo Bernie Ecclestone has agreed a settlement worth...
2y ago from GPUpdate.net

Ecclestone bribery trial set for $100m settlement

Bernie Ecclestone has been attending the German court since April this...
2y ago from espnF1.com

Settlement of German Ecclestone bribery case possible...

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

Elsewhere On The Network

Popular On MGPToday.com

MotoGP: Honda rumoured to be experimenting with big...

While most of the MotoGP paddock headed home to take a few days’...

Lorenzo could be in trouble - Crutchlow

Cal Crutchlow believes that Jorge Lorenzo is showing signs of being...
1d ago from SuperSport.com

Crutchlow: Ducati needs Marquez, not Lorenzo, to be...

Former Ducati factory rider Cal Crutchlow says the Italian marque should...
2d ago from Motorsport.com

Analysis: Why Honda's rise should make Yamaha worried

With Marc Marquez now on the brink of a third MotoGP title, Yamaha must...
1d ago from Motorsport.com

Popular On IndyCarToday.com

Bryan Herta/Andretti renew partnership

– Bryan Herta Autosport and Andretti Autosport have confirmed that...
4h ago from GPUpdate.net

INDYCAR: Andretti, BHA extend partnership

Andretti Autosport will extend its partnership with Bryan Herta Autosport...
5h ago from Racer.com

Michael Andretti extends deal with Bryan Herta

Andretti Autosport has announced it will continue its partnership with...
5h ago from Motorsport.com

INTERVIEW: Pagenaud, rebooted

Page 1 of 2 It's a chilly February morning at Indianapolis Motor...
10h ago from Racer.com

Popular On TotalWRC.com

Sublime Ogier dominates in Corsica

Advertising He won all four twisty and bumpy asphalt special stages on...
5h ago from WRC.com

Ogier dominant in Corsica

Sebastien Ogier closed in on a fourth consecutive world title by setting...
5h ago from SuperSport.com

Ogier leads Meeke after first Corsica morning

Volkswagen's Sebastien Ogier quickly established a comfortable lead on the...
10h ago from EuroSport.com

Corsica WRC: Ogier takes 15-second lead after two...

Local driver Sebastien Ogier took the early lead in Rally Corsica by...
12h ago from Motorsport.com

Popular On GunnersToday.com

Arsenal's worst XI under Arsene Wenger: Cygan and...

EXPRESS SPORT brings you Arsenal's worst XI from the Arsene Wenger era.
1h ago from Express.co.uk

Xhaka gunning for success

Granit Xhaka hopes the continuation of his blistering start to life at...
2h ago from SkySports.com

Arsenal's Arsene Wenger: I faced resistance as a...

Arsenal Chairman, Sir Chips Keswick, presented Arsene Wenger with a gift,...
31m ago from ESPNFC.co.uk

PAUL MERSON COLUMN: Arsenal have no ambition under...

GETTY TOO LONG: Wenger should have left years ago Wenger has done...
1h ago from DailyStar.co.uk

Comments

Hottest News

Alonso boosted by McLaren improvements

Fernando Alonso was left boosted by McLaren's... Read More »
10h ago from GPUpdate.net

Practice 2 Results – 2016 Malaysian Grand Prix

Friday second free Practice Results – Formula 1... Read More »
15h ago from ThisIsF1.com

Vettel not yet impressed with 2017 F1 tyres

Four-time Formula 1 world champion Sebastian... Read More »
2h ago from ThisIsF1.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.