News Details
German bank rejects $33m Ecclestone settlement offer
Getty Images Enlarge German bank BayernLB has rejected a settlement offer of $33 million (£19 million) from Bernie Ecclestone. Earlier this week a Munich court dropped a bribery case against Ecclestone in exchange for a $100 million (£59 million) payment. BayernLB claims Ecclestone undervalued F1 when it was sold in 2006, with the court case which begun in April centred on accusations he paid German banker Gerhard Gribkowsky $44 million (£26 million) to ensure F1 was sold to a company he favoured. Ecclestone had always denied the charges. "BayernLB has rejected Mr Ecclestone's settlement offer," a spokesman for the bank told Reuters on Friday. The bank's next step remains to...
Full Story »
Full Story »
11y ago from espnF1.com
0
You May Also Be Interested In...
Bank rejects Ecclestone's compensation offer
Bernie Ecclestone with Gerhard Gribkowsky
Formula 1 supremo Bernie...
11y ago from GrandPrix247.com
Bank rejects Ecclestone's compensation offer
Bernie Ecclestone's legal troubles are not yet over.
11y ago from GrandPrix.com
Ecclestone holidays after paying $100m settlement
Ecclestone holidays after paying $100m settlementPosted On 14 Aug 2014By...
11y ago from ThisIsF1.com
Ecclestone on holiday after paying settlement
Bernie Ecclestone's bribery trial and charges have been officially...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP’s 2026 pre-season schedule is still up in the...
No description available...
15h ago from Motorsport.com
Pedro Acosta reveals how ‘disaster’ Saturday...
Pedro Acosta revealed “KTM is improving in every race” after taking...
17h ago from MotorsportWeek.c...
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
1d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
11h ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
9h ago from MotorsportWeek.c...
Mother Nature helped, but Christian Rasmussen was the...
No description available...
1d ago from Motorsport.com
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
5d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Concrete negotiations: Arsenal involved in talks to...
According to journalist Florian Plettenberg, Arsenal have stepped up their...
1h ago from CaughtOffside.com
Kiwior linked with Porto, Berta's loan + obligation...
Morning. I know there's probably a cut-off point when it comes to Eberechi...
24m ago from Arseblog.com
'He needs to liven up' - Rio Ferdinand offers advice...
Manchester United legend Rio Ferdinand has advised Altay Bayindir to liven...
1h ago from SportsKeeda.com
Kai Havertz ruled out of Arsenal and Germany games and...
t;li>Forward sustained knee injury at Manchester UnitedArsenal must...
20h ago from TheGuardian.com
Comments
Hottest News
F1 News Today: Russell reaches desperation as star driver...
Mercedes F1 driver George Russell is still... Read More »
1h ago from GPFans.com
How to Find the Best Online Casino Free Credit Deals
Online casinos have become increasingly popular... Read More »
54m ago from GrandPrix247.com
Christian Horner F1 return update issued in official...
Christian Horner's list of potential options... Read More »
24m ago from GPFans.com
