News Details
F1′s Ecclestone says he will fight BayernLB damages claim
F1′s Ecclestone says he will fight BayernLB damages claim 12 December, 2013 Bernie Ecclestone Formula 1 boss Bernie Ecclestone said he would fight a $400 million damages claim that German bank BayernLB is planning to file in London over the sale of the motor racing business in 2005.
The fresh threat of legal action is the latest fallout from the deal eight years ago, in which private equity fund CVC acquired control of Formula One from a group of banks including BayernLB.
German company Constantin Medien is already seeking more than $100 million from the 83-year-old Ecclestone in a separate case which is close to concluding in the High Court in London.
Ecclestone is accused of...
Full Story »
Full Story »
12y ago from GrandPrix247.com
0
You May Also Be Interested In...
BayernLB to file damages case against Bernie
BayernLB plans to bring a $400 million damages claim against Formula One...
12y ago from SuperSport.com
German bank to join legal pursuit of Ecclestone?
The German bank at the centre of claims that Bernie Ecclestone bribed one...
12y ago from Crash.net
Ecclestone's troubles mount as German state bank seek...
Ecclestone's troubles mount as German state bank seek 290 million in...
12y ago from GrandPrix247.com
German bank to sue embattled Ecclestone for $400m
Another front has opened up amid Bernie Ecclestone's legal woes, as it...
12y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Fermin Aldeguer to miss MotoGP season opener in...
Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...
22h ago from MotorsportWeek.c...
Marco Bezzecchi satisfied with ‘smaller’...
Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...
1d ago from MotorsportWeek.c...
Fermin Aldeguer to miss Thai GP, Gresini names...
No description available...
22h ago from Motorsport.com
Jorge Martin sought Marc Marquez’s advice before...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
15h ago from MotorsportWeek.c...
IndyCar announces multi-year extension with engine...
The NTT IndyCar Series has announced a long-term continuation with both...
19h ago from MotorsportWeek.c...
IndyCar announces historic multi-year deal with...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
WRC Sweden: Oliver Solberg sets the pace to grab early...
No description available...
15h ago from Motorsport.com
Dacia announces exit from Rally-Raid, rules out 2027...
No description available...
21h ago from Motorsport.com
Martins Sesks sets out target ahead of WRC return
No description available...
18h ago from Motorsport.com
Low snowfall throws up extra curveball for WRC crews...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
'I'm sure…' – Arsenal legend makes big...
Arsenal legend Martin Keown has responded to criticism of Gunners star...
1h ago from CaughtOffside.com
'It's not easy' – Arteta opens up as Arsenal...
Arsenal manager Mikel Arteta has acknowledged that summer signing Eberechi...
2h ago from CaughtOffside.com
0 shots, 0 dribbles, 0 key passes: Arsenal star's...
When Eberechi Eze joined Arsenal in the summer it looked like a perfect...
2h ago from CaughtOffside.com
New Kevin De Bruyne closer to Arsenal despite transfer...
Arsenal may reportedly be in the strongest position for the potential...
12m ago from CaughtOffside.com
Comments
Hottest News
F1 2026 – Bahrain test Day 3 live
It's the third and final day of running of the... Read More »
3h ago from MotorsportWeek.com
LIVE: 2026 F1 Bahrain Pre-Season Test 1 - Day 3
Follow along with the third and final day of the... Read More »
5h ago from RacingNews365.com
Alonso and Aston facing ‘another year in hell'
Feb.13 Fernando Alonso's body language in... Read More »
4h ago from OneStopStrategy.com
