News Details
Ecclestone gets $30m boost in High Court trial
Formula One boss Bernie Ecclestone will be giving evidence at London's High Court today in the trial brought against him by German media firm Constantin Medien and it looks like he has good reason to be smug about it. Writing in the Independent, Pitpass' business editor Christian Sylt has revealed that the claim against him has been reduced by $30m to $140.4m which is not a bad way to start.Constantin claims that a 47.2% stake in F1 was undervalued when it was sold by German bank BayernLB (BLB) to current owner, the private equity firm CVC, in 2006.The lawsuit alleges that Ecclestone and his Bambino family trust paid a $44m bribe to BLB executive Gerhard Gribkowsky to steer the sale to CVC...
Full Story »
Full Story »
11y ago from Pitpass.com
0
You May Also Be Interested In...
F1 boss rejects 'corrupt' sale claim
A damages claim against Formula 1 boss Bernie Ecclestone relies on the...
11y ago from BBC.co.uk
Ecclestone accused of corruption as High Court case...
Bernie Ecclestone is facing accusations of being involved in a corrupt...
11y ago from espnF1.com
Ecclestone made 'corrupt agreement'
F1 boss Bernie Ecclestone was accused of making a 'corrupt agreement', at...
11y ago from GPUpdate.net
Court case against Ecclestone over F1 sale starts
Formula One boss Bernie Ecclestone was accused of making a "corrupt...
11y ago from SuperSport.com
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller and Miguel Oliveira to keep sweating over...
No description available...
1h ago from Motorsport.com
MotoGP announces free 24/7 streaming service across...
MotoGP has announced a partnership with C15 studios to produce a free...
1d ago from MotorsportWeek.c...
Why LCR Honda won’t field injury replacement for...
No description available...
1d ago from Motorsport.com
MotoGP to stream free in US on new dedicated 24/7...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and World Endurance Championship...
6h ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
3d ago from Motorsport.com
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
3d ago from MotorsportWeek.c...
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How drones will change the way you watch motorsport
No description available...
1d ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Two clubs in contact to sign Arsenal attacker as...
Arsenal are reportedly facing interest in prolific young talent Dan Casey,...
2h ago from CaughtOffside.com
Paul Merson predicts Manchester United vs Arsenal and...
And we're back! The Premier League returns for what promises to be an...
2h ago from SportsKeeda.com
Eberechi Eze player profile: The star at the centre of...
Crystal Palace star Eberechi Eze has become one of the best players in the...
1h ago from CaughtOffside.com
“You’re not going to win the league with Odegaard...
Arsenal legend Tony Adams has advised the club to appoint Declan Rice as...
3h ago from SportsKeeda.com
Comments
Hottest News
Breaking: Christian Horner officially terminated by Red Bull
Red Bull Racing (and Red Bull Powertrains) has... Read More »
2h ago from RacingNews365.com
Villeneuve: Cool vegan guy Hamilton shouldn’t be a race...
Juan Pablo Montoya has weighed in on the Lewis... Read More »
2h ago from GrandPrix247.com
Red Bull cuts remaining ties to Christian Horner after...
Red Bull has removed Christian Horner as a... Read More »
51m ago from MotorsportWeek.com
