News Details
Ecclestone wins Formula 1 damages case
– Bernie Ecclestone has prevailed in the damages case brought on by German media group Constantin Medien, which had been suing the Formula 1 supremo and other defendants for up to £85 million ($140 million) after claiming that it lost out during the sale of the sport back in 2006. Ecclestone, 83, was accused of entering into a corrupt agreement with German banker Gerhard Gribkowsky, who is now serving an eight and a half year jail sentence, to direct the sale in the favour of a preferred buyer. Lawyers for Constantin Medien said the eventual sale of German bank Bayern LB's shares to private equity firm CVC Capital Partners was undervalued, and that is was completed "without the...
Full Story »
Full Story »
12y ago from GPUpdate.net
0
You May Also Be Interested In...
Ecclestone wins F1 damages case
F1 boss Bernie Ecclestone wins High Court case after German media firm...
12y ago from BBC.co.uk
Big day for Ecclestone as verdict expected in $140...
Big day for Ecclestone as verdict expected in $140 million case 20...
12y ago from GrandPrix247.com
Ecclestone wins High Court case
Bernie Ecclestone has been cleared of accusations of bribery by a High...
12y ago from Crash.net
Ecclestone wins court case
Bernie Ecclestone has overturned a $140million damages claim from a German...
12y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Marquez has been struggling in MotoGP this...
No description available...
2h ago from Motorsport.com
Construction moving forward at Buenos Aires for...
No description available...
19h ago from Motorsport.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
1d ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
4d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
5d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
4d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Formal offer expected: Arsenal favourites over Bayern...
Arsenal are reportedly expected to make a formal offer for the transfer of...
1h ago from CaughtOffside.com
Sources: Arsenal have advantage over Liverpool in...
Arsenal have been linked with Yan Diomande and my understanding is that...
32m ago from CaughtOffside.com
'He was all over the place' - Alan Shearer names 3...
Premier League legend Alan Shearer has called out 3 Arsenal players for...
1h ago from SportsKeeda.com
Arsenal latest: Gunners wait on key injury news
No description available...
2h ago from SkySports.com
Comments
Hottest News
Verstappen’s inner circle at Red Bull takes another hit
Fresh uncertainty appears to be brewing inside... Read More »
1h ago from F1i.com
Major McLaren upgrade reported as Mercedes put on red alert
Mercedes might have dominated the start of the... Read More »
2h ago from RacingNews365.com
Adrian Newey snubbed star F1 driver because ‘he’s too...
Adrian Newey might be the ultimate F1... Read More »
3h ago from GPFans.com
