News Details
F1 boss Ecclestone pays to end trial
A German court has agreed to end the bribery trial of Formula 1 boss Bernie Ecclestone in exchange for a $100m (£60m) payment from him. Mr Ecclestone's offer was based on an existing provision in German law. Earlier on Tuesday German prosecutors accepted the offer from the 83-year-old billionaire who dominates motor racing. He went on trial in April, accused of paying a German banker 33m euros (£26m; $44m) to ensure that a company he favoured could buy a stake in F1. He denies wrongdoing. The ruling means he walks free from the district court in Munich and can continue running the sport. It also means Mr Ecclestone is found neither guilty nor innocent. His personal wealth is put at $4.2bn...
Full Story »
Full Story »
You May Also Be Interested In...
Ecclestone make $100m payment, confirms court
A German court says Bernie Ecclestone has made the $100 million payment...
9y ago from F1Pulse.com
Ecclestone pays up
Bernie Ecclestone's legal troubles are behind him as a German court has...
9y ago from PlanetF1.com
Ecclestone settled case for good of F1 says lawyer
Bernie Ecclestone ended his bribery trial with a record $100 million...
9y ago from GrandPrix.com
Lawyer says Ecclestone paid $100 million for good of F1
Lawyer Sven Thomas with his client Bernie Ecclestone
Formula 1 supremo...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha to test completely new MotoGP bike at Jerez
No description available...
3h ago from Motorsport.com
Raul Fernandez set to get 2024 Aprilia MotoGP bike at...
No description available...
6h ago from Motorsport.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
1d ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Penske's Newgarden loses St. Pete IndyCar race win...
No description available...
4h ago from Motorsport.com
O’Ward retroactively given St. Pete win after Team...
The NTT IndyCar Series announced on Wednesday that all three Team Penske...
5h ago from MotorsportWeek.c...
Power “didn't have any defense” against Dixon due...
No description available...
22h ago from Motorsport.com
Brake issues hinder Rosenqvist’s chances for victory...
No description available...
21h ago from Motorsport.com
Popular On TotalWRC.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
7h ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
6h ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
2d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'No one knows what's going on in his life' –...
Ben White's agent has hit back at critics of the Arsenal star claiming 'no...
40m ago from CaughtOffside.com
Arsenal slap £25m price tag on 30-year-old star as...
No description available...
1h ago from SportsKeeda.com
'He was the best player on the pitch' - Former Chelsea...
No description available...
1h ago from SportsKeeda.com
'Seems to me that their minds are not on what they...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Schumacher reveals what F1 pundits are NOT allowed to say...
F1 veteran Ralf Schumacher has offered a blunt... Read More »
10h ago from GPFans.com
Scuderia Ferrari HP marks new era title sponsorship for...
Ferrari signed a multi-year partnership with HP... Read More »
3h ago from GrandPrix247.com
IndyCar: McLaren’s O’Ward handed St. Pete win after...
Arrow McLaren SP driver Pato O’Ward has been... Read More »
3h ago from F1i.com