News Details
Ecclestone at loggerheads with German bank
Lawyer Sven Thomas with his client Bernie Ecclestone
Formula 1 supremo Bernie Ecclestone remains at legal loggerheads with the Munich state bank BayernLB.
When the sport's supremo controversially yet successfully settled with German prosecutors for $100 million, he had at the time also made an offer of $25 million to the aggrieved bank and former Formula 1 shareholder BayernLB.
The offer was turned down because it was not high enough. But 'If the overall package is right, we wouldn't be closed to it,' BayernLB chief executive Johannes-Joerg Riegler said last week.
Earlier, BayernLB had been seeking $400 million, but Formula 1 business journalist Christian Sylt said a spokesman confirmed the...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Bank wants more cash from Ecclestone for settlement
Bernie Ecclestone with Gerhard Gribkowsky during the 2005 Italian GP...
9y ago from GrandPrix247.com
Bank ‘not closed’ to higher Ecclestone settlement
Bank ‘not closed' to higher Ecclestone settlementPosted On 22 Aug...
9y ago from ThisIsF1.com
Lawyer says Ecclestone paid $100 million for good of F1
Lawyer Sven Thomas with his client Bernie Ecclestone
Formula 1 supremo...
9y ago from GrandPrix247.com
Ecclestone says ‘bit of an idiot' quip was a joke
Bernie Ecclestone
F1 supremo Bernie Ecclestone, who has been in the...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marquez relishing renewed MotoGP venture with Gresini...
Marc Marquez has expressed that he is relishing his new venture with...
1d ago from MotorsportWeek.c...
Mir unsure "how long my body can take this"...
No description available...
1d ago from Motorsport.com
Why MotoGP’s latest stewarding moan highlights a...
No description available...
2d ago from Motorsport.com
Why Marquez is the key to Pramac's continuation with...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Indy 500: Newgarden leads Top 12 practice, Power hit...
No description available...
1h ago from Motorsport.com
Graham Rahal: “Anomaly” team-mate Sato has a...
No description available...
6h ago from Motorsport.com
Indy 500 qualifying results: How Pole Day works and...
No description available...
6h ago from Motorsport.com
Chevrolet explains issue that derailed several Indy...
No description available...
16h ago from Motorsport.com
Popular On TotalWRC.com
WRC's 2025 rule change will create “pretty crap”...
No description available...
3d ago from Motorsport.com
Has the WRC finally turned a corner in its promotion...
No description available...
4d ago from Motorsport.com
Evans feels “new ideas” are required after WRC...
No description available...
5d ago from Motorsport.com
Neuville stunned by almost “impossible” result in...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'The number one centre-half in the country' - Former...
No description available...
5h ago from SportsKeeda.com
'I hope it’s nothing really bad' - Thierry Henry...
No description available...
1h ago from SportsKeeda.com
OFFICIAL: Manchester City win record-breaking fourth...
No description available...
1h ago from SportsKeeda.com
Video: Cristiano Ronaldo and Neymar link up in Riyadh...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Toto Wolff explains why Mercedes refused to let Russell...
Toto Wolff has explained why Mercedes refused to... Read More »
2h ago from GPBlog.com
Marko heard remarkable radio message at Imola GP:...
Max Verstappen had to fend off Lando Norris in... Read More »
2h ago from GPBlog.com
Leclerc makes ‘weird’ accusation about Red Bull and...
Charles Leclerc has made a claim against Red Bull... Read More »
51m ago from RacingNews365.com