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 »
11y 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...
11y ago from GrandPrix247.com
Bank ‘not closed’ to higher Ecclestone settlement
Bank ‘not closed' to higher Ecclestone settlementPosted On 22 Aug...
11y 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...
11y 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...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez suffers fractures in frightening Catalan...
No description available...
6d ago from Motorsport.com
Aprilia MotoGP chief: Pedro Acosta shouldn't have been...
No description available...
2d ago from Motorsport.com
Liberty Media could scrap MotoGP two-bike rule from...
The proposed regulation change would end flag-to-flag racing and align...
2d ago from MotorsportWeek.c...
Alex Marquez to miss next two MotoGP rounds after...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Coyne to pay special tribute to Kyle Busch with...
No description available...
12h ago from Motorsport.com
How Pato O'Ward's inner circle turned Arrow McLaren...
No description available...
18h ago from Motorsport.com
Chip Ganassi ‘couldn’t be happier’ with...
Ahead of this season, the NTT IndyCar Series created an independent...
1d ago from MotorsportWeek.c...
How Shell is helping teams in F1, NASCAR and IndyCar...
No description available...
22h ago from Motorsport.com
Popular On TotalWRC.com
Toyota “nervous” of Hyundai threat ahead of WRC...
No description available...
3d ago from Motorsport.com
The mental challenge WRC leader Elfyn Evans faces at...
No description available...
6d ago from Motorsport.com
Why returning to the WRC podium was so important for...
No description available...
1w ago from Motorsport.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Some final day luxury as the champions head to...
Morning all. For the final time this season, Arsenal will play a Premier...
5h ago from Arseblog.com
Arsenal’s party embodies the metropolitan swagger...
crowd that gathered late into the night to celebrate on the streets...
6h ago from TheGuardian.com
Arsenal star William Saliba reveals exact moment he...
Arsenal star William Saliba has named the exact moment in the season where...
8h ago from SportsKeeda.com
'They will come back stronger' - Michael Owen names 2...
Premier League icon Michael Owen has named two teams that can challenge...
15h ago from SportsKeeda.com
Comments
Hottest News
The F1 Canadian Grand Prix has a new start time today
The F1 Canadian Grand Prix in Montreal has a new... Read More »
5h ago from GPFans.com
Max Verstappen just left the door open for biggest transfer...
Max Verstappen has opened the door once again to... Read More »
2h ago from GPFans.com
F1 Race Today: Canadian Grand Prix 2026 new start time,...
Here's how you can watch the F1 2026 Canadian... Read More »
1h ago from GPFans.com
