News Details
Further setback for Ecclestone over F1 sale
Bernie Ecclestone's legal troubles have taken another turn after the Formula One Group and owners CVC were requested by a London court to release hundreds of documents over the sale of Formula 1 in 2005, according to the Financial Times. Ecclestone was indicted by German prosecutors for alleged bribery last month, the 82-year-old and Bambino, his family trust, having sent $44 million (£29 million) to banker Gerhard Gribkowsky to ensure the sale of BayernLB's shares to CVC. Meanwhile, German media group Constantin Medien is seeking damages of at least $171m (£111 million), arguing that BayernLB's 47 percent stake was undervalued when it was sold to CVC. The company, which claims it would...
Full Story »
Full Story »
12y ago from GPUpdate.net
0
You May Also Be Interested In...
Formula One ordered to disclose sale documents
Bernie Ecclestone is facing more questions over the sale of Formula One in...
12y ago from espnF1.com
Formula One boss Bernie Ecclestone puts brake on...
New Delhi: Formula 1 boss Bernie Ecclestone on Tuesday confirmed...
12y ago from NDTVSports.com
Ecclestone admits that 2014 Indian GP could be dropped
Formula 1 supremo Bernie Ecclestone has confirmed reports that a question...
12y ago from GrandPrix247.com
Indian Grand Prix future in doubt
The Indian Grand Prix is unlikely to be included on next year's Formula 1...
12y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP leans towards Brazil for 2027 season launch
No description available...
2h ago from Motorsport.com
Marc Marquez quickest in second MotoGP practice
Factory Ducati rider Marc Marquez crafted together the fastest lap as he...
5h ago from MotorsportWeek.c...
KTM says Maverick Vinales rejected Tech3 option after...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar video game delayed until 2027
iRacing and IndyCar have announced more details surrounding the upcoming...
3h ago from MotorsportWeek.c...
iRacing’s standalone IndyCar game now has a name and...
No description available...
4h ago from Motorsport.com
Winners and losers from the IndyCar race at Mid-Ohio
No description available...
3d ago from Motorsport.com
Kyle Kirkwood vaults back to second in championship...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Rome completes key milestone in pursuit of 2027 WRC...
No description available...
2h ago from Motorsport.com
Toyota customer teams line up for new 2027 WRC car
No description available...
6h ago from Motorsport.com
Lancia turn to Martins Sesks, Teemu Suninen to help...
No description available...
1d ago from Motorsport.com
Toyota to enter hydrogen-powered car in 2027 Dakar...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal eyeing another slightly underwhelming...
Arsenal are reportedly admirers of their former player Konstantinos...
4h ago from CaughtOffside.com
Sources raise 'very odd' element of Bruno Guimaraes to...
Sources have reportedly described Arsenal's transfer strategy in their...
5h ago from CaughtOffside.com
£80m star 'has directly told' manager he wants...
Newcastle United midfielder Bruno Guimaraes has reportedly directly told...
6h ago from CaughtOffside.com
Arsenal gain early edge over Chelsea in race for...
Arsenal and Chelsea could be heading towards another London transfer...
7h ago from CaughtOffside.com
Comments
Hottest News
The Max Verstappen Red Bull replacement that will never...
Let's play Red Bull war games. Max Verstappen has... Read More »
2h ago from GPFans.com
Mercedes risk F1 disqualification with amazing trick
It has been revealed that Mercedes F1 team are... Read More »
3h ago from GPFans.com
Christian Horner blow as route back into F1 is 'dream' and...
Former Red Bull F1 team principal Christian... Read More »
50m ago from GPFans.com
