News Details

Ecclestone wins High Court battle

Bernie Ecclestone has won his multi-million dollar case in the High Court despite the judge calling it a "corrupt agreement". Last year, Ecclestone found himself in the High Court after Constantin Medien sued the F1 supremo to the tune of $144 million. The German media company claimed that was the amount they lost when Ecclestone allegedly undervalued Formula One's worth when it was sold to CVC Capital Parnters in 2006. Constantin Medien were set to receive a 10 per cent stake if the sport had been sold for more than $1.1bn but they did not receive a cent as German bank BayernLB sold it for $814m. The company's claims stem from the bribery case in Germany in which former banker...
Full Story »
11y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Ecclestone wins F1 case, but deal ruled corrupt

Formula One boss Bernie Ecclestone won a multimillion-dollar case at...
11y ago from F1Pulse.com

Ecclestone wins F1 damages case

Formula 1 boss Bernie Ecclestone has won a multimillion-dollar case at...
11y ago from SuperSport.com

Ecclestone wins £85m high court damages case

Bernie Ecclestone has won a high court battle brought against him over the...
11y ago from TheF1Times.com

Ecclestone wins Constantin Medien case

A High Court judge in London has ruled in favour of Bernie Ecclestone in...
11y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Arrow McLaren unveils liveries for 2026 IndyCar...

Arrow McLaren has taken the wraps off its trio of challengers for the...
14h ago from MotorsportWeek.c...

Felix Rosenqvist: Modern IndyCar demands driving...

Felix Rosenqvist has commented about how IndyCar drivers have to push...

Popular On TotalWRC.com

Popular On GunnersToday.com

Euro giants eyeing Arsenal star in transfer that could...

Atletico Madrid are reportedly eyeing up a potential transfer swoop for...
41m ago from CaughtOffside.com

'Deliberately avoided getting too involved' - Arsenal...

Arsenal midfielder Mikel Merino has said that he had no role in his...
41m ago from SportsKeeda.com

Arsenal Latest: No Saka, Odegaard or Timber at training

Sky Sports reporter Gail Davis has the latest from Arsenal training as...
1h ago from SkySports.com

“They never pass to him” - Paul Merson names...

Paul Merson has said Arsenal striker Viktor Gyökeres is not trusted by...
1h ago from SportsKeeda.com

Comments

Hottest News

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.