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Ecclestone hit with £4m legal bill
Despite winning the legal case involving German media company Constantin Medien, Bernie Ecclestone must pay legal fees in excess of £4m.The case, which saw the German media group demanding £85m ($140.4m) in damages, claiming that Ecclestone and others conspired to undervalue F1 when selling the business, ended with Mr Justice Newey ruling in favour of the F1 supremo but making it quite clear that he was less than impressed with him.Newey, who had reserved judgement following the trial which ran from October to December, said he found it impossible to rely on Ecclestone as a 'reliable' or 'truthful' witness, but revealed that Constantin's case failed because it had been 'no...
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11y ago from Pitpass.com
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