News Details
Bank rejects Ecclestone's compensation offer
Bernie Ecclestone with Gerhard Gribkowsky
Formula 1 supremo Bernie Ecclestone's legal troubles are not yet over.
Before he ended his corruption trial in Munich by agreeing to pay $100 million to the Bavarian state, it emerged that Ecclestone was also willing to compensate the state-controlled bank BayernLB to the tune of 25 million.
It was reported that the compensation offer to the bank, a former shareholder of Formula 1′s commercial rights, was valid only until last Friday.
One of Ecclestone's lawyers said at the time that the 25 million offer was not an admission of guilt, nor compensation for any alleged damage done to BayernLB through the disputed $44 million payment to jailed...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
German Bank Rejects $33m Offer from F1 boss Bernie...
German Bank Rejects $33m Offer from F1 boss Bernie EcclestonePosted On 08...
11y ago from ThisIsF1.com
Ecclestone offer rejected by German bank
German bank BayernLB has turned down a £20 million settlement offer from...
11y ago from Crash.net
German bank rejects Bernie's offer
Bernie Ecclestone's legal woes may not be over after Munich-based bank...
11y ago from PlanetF1.com
German bank rejects £33m Ecclestone settlement offer
Getty Images Enlarge German bank BayernLB has rejected a settlement...
11y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
2h ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
5h ago from Motorsport.com
Why Yamaha was disappointing on 2026 MotoGP rider...
No description available...
1d ago from Motorsport.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
1d ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
1d ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
3d ago from Motorsport.com
Mother Nature helped, but Christian Rasmussen was the...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
1w ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Episode 842 – Depth
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
2h ago from Arseblog.com
Expert confirms Arsenal are working on 'complicated'...
Arsenal are working on a complicated deal for Bayer Leverkusen's versatile...
5h ago from CaughtOffside.com
Paul Merson predicts Liverpool vs Arsenal and other...
We had an incredible finish to gameweek 2 on Monday. Newcastle and...
2h ago from SportsKeeda.com
Eze, Madueke and Arsenal's early test of depth against...
The last time Arsenal visited Anfield, for the 2-2 draw with Liverpool in...
3h ago from SkySports.com
Comments
Hottest News
Sergio Perez reveals Max Verstappen gesture: 'He was the...
Sergio Perez has disclosed the reaction from his... Read More »
3h ago from RacingNews365.com
FIA alters long-standing rule to shake up Dutch GP...
Formula 1 teams will have more freedom with race... Read More »
4h ago from F1i.com
'Twenty years older and $1billion poorer': F1 fans...
Fans have been left astonished by a photo of a... Read More »
8h ago from GPFans.com
