News Details
German bank rejects Bernie's offer
Bernie Ecclestone's legal woes may not be over after Munich-based bank BayernLB rejected his 25 million euro settlement offer. Last week he avoided the possibility of a jail term in Germany when he paid $100 million for his bribery case to be dropped. The case related to allegations that the Brit had bribed former banker Gerhard Gribkowsky to facilitate the sale of F1 to CVC in 2006. The state prosecutor revealed that Ecclestone's advanced age, 83, as well as other circumstances supported the acceptance of a settlement. However, his troubles may not be over. On Friday, German bank BayernLB, who allege Ecclestone undervalued F1's worth in the sale of its shares to CVC, rejected his offer of...
Full Story »
Full Story »
9y ago from PlanetF1.com
0
You May Also Be Interested In...
German Bank Rejects $33m Offer from F1 boss Bernie...
German Bank Rejects $33m Offer from F1 boss Bernie EcclestonePosted On 08...
9y ago from ThisIsF1.com
Ecclestone offer rejected by German bank
German bank BayernLB has turned down a £20 million settlement offer from...
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
Ecclestone trial set to end after settlement
– Formula 1 supremo Bernie Ecclestone has agreed a settlement worth...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Oliveira reckons MotoGP “looks too easy” on TV now
No description available...
13h ago from Motorsport.com
Vinales: Aprilia COTA MotoGP win has ‘different...
Maverick Vinales believes that his maiden win with Aprilia in MotoGP at...
9h ago from MotorsportWeek.c...
Ducati: Bastianini's COTA MotoGP podium an...
Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar Long Beach: O’Ward leads Power in opening...
No description available...
4h ago from Motorsport.com
O’Ward blasts to the top of IndyCar’s opening Long...
The NTT IndyCar Series drivers hit the streets of Long Beach on Friday...
4h ago from MotorsportWeek.c...
IndyCar Long Beach: Start times, how to watch on TV,...
No description available...
10h ago from Motorsport.com
Kirkwood: “More durable” tires hindering passing...
No description available...
10h ago from Motorsport.com
Popular On TotalWRC.com
Latvala: Neuville, Evans tied for WRC Croatia lead...
No description available...
7h ago from Motorsport.com
Neuville and Evans tied to a tenth!
Thierry Neuville and Elfyn Evans fought a mighty duel across eight stages...
7h ago from MotorsportWeek.c...
WRC Croatia: Neuville, Evans tied for the lead after...
No description available...
10h ago from Motorsport.com
WRC Croatia: Neuville sets the pace to lead title...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Manchester United Transfer News Roundup: Ivan Toney...
No description available...
5h ago from SportsKeeda.com
Troy Deeney names strikers who Arsenal should look to...
No description available...
10h ago from SportsKeeda.com
Aston Villa line up summer move for £60m Chelsea flop
Aston Villa are targeting a new left-back this summer and Chelsea's Marc...
6h ago from CaughtOffside.com
Mikel Arteta says it is 'too soon' for £38m defender...
Arsenal manager Mikel Arteta has provided an injury update on summer...
7h ago from CaughtOffside.com
Comments
Hottest News
FIA announce crucial top three UPDATE in China after...
The top three drivers for Saturday's sprint race... Read More »
11h ago from GPFans.com
Was this part the cause of Verstappen's struggle in the...
McLaren replaced a component on Lando Norris'... Read More »
53m ago from GPBlog.com
F1 2024 Chinese Grand Prix – Sprint Race Results
Verstappen won the first Sprint Race of the year... Read More »
13m ago from MotorsportWeek.com