News Details

Ecclestone moves to end German lawsuit early

– Formula 1 supremo Bernie Ecclestone has offered to pay BayernLB £20 million if it drops the bribery case against him, his defence lawyers have said.According to reports by Bloomberg, Ecclestone is finding the lawsuit "highly burdensome" and wants to bring the matter to a close as swiftly as possible. It is not due to finish until October.The deal has still to be discussed, although as it is a criminal case it will be up to the judge to decide if the charges are dismissed.Ecclestone has been on trial in Munich since April.The case concerns a payment made by the 83-year-old to an employee of German bank BayernLB in the lead up to the sale of Formula 1 to current owners CVC...
Full Story »
10y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Ecclestone offers EUR 25m to settle bribery case

Bernie Ecclestone is willing to pay EUR 25 million to settle the...
10y ago from GrandPrix.com

Zetsche: Why does Ecclestone do everything alone?

Dieter Zetsche with Bernie Ecclestone Dieter Zetsche, the chairman of...
10y ago from GrandPrix247.com

Mercedes parent Daimler wants Ecclestone to give up F1...

Mercedes parent Daimler wants Ecclestone to give up F1 marketingPosted On...
10y ago from ThisIsF1.com

F1 to look at rules to stop negativity says Ecclestone

Bernie Ecclestone Formula 1 chief executive Bernie Ecclestone thinks...
10y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Motegi remains on MotoGP calendar through 2030

MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
14h ago from MotorsportWeek.c...

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...

Popular On TotalWRC.com

Popular On GunnersToday.com

Player ratings: Arsenal 1-0 AC Milan

Arsenal edged out AC Milan 1–0 in a pre-season clash in Singapore, with...
40m ago from FreshArsenal.com

The North London Blueprint: A Real Gooner's Take on...

You can feel it, can't you? It's not just hope anymore. For years, hope...
4h ago from FreshArsenal.com

'It wouldn’t have cost him anything' - Chelsea star...

Chelsea star Marc Cucurella has admitted he found it strange that Noni...
6h ago from SportsKeeda.com

Mikel Arteta provides injury update on 2 key players...

Arsenal manager Mikel Arteta has provided an update on Gabriel Magalhães...
6h 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.