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
Alex Marquez: "Gresini is the most solid option,...
No description available...
3h ago from Motorsport.com
This is how every bike on the 2026 MotoGP grid looks
No description available...
5h ago from Motorsport.com
Honda HRC unveils 2026 MotoGP livery
Honda Racing Corporation has completed the 2026 MotoGP livery...
5h ago from MotorsportWeek.c...
Honda reveals 2026 bike to complete MotoGP launch...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar announces Donald Trump-backed race on National...
IndyCar has announced an inaugural race on America's National Mall,...
1d ago from MotorsportWeek.c...
Will Power: Andretti “will be the best team in the...
No description available...
2d ago from Motorsport.com
Donald Trump signs executive order confirming IndyCar...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
5d ago from Motorsport.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
3d ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Talks held: Tottenham launch surprise move to hijack...
Tottenham are reportedly working on a deal for talented young Hearts...
1h ago from CaughtOffside.com
'Actively looking' – Arteta sends message to...
Arsenal manager Mikel Arteta has sent what sounds like a pretty strong and...
1h ago from CaughtOffside.com
“I don’t have a best XI” - Chelsea boss Liam...
Chelsea head coach Liam Rosenior has debunked claims that he has a best XI...
2h ago from SportsKeeda.com
“That would be a no-brainer” - Paul Merson insists...
Former Arsenal star Paul Merson believes the Gunners should sign...
2h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin signs F1 world champion to key new position
Aston Martin has signed an F1 world champion to a... Read More »
56m ago from RacingNews365.com
Kimi Antonelli identifies 2026 F1 simulator anomaly after...
Andrea Kimi Antonelli has revealed the new F1... Read More »
1h ago from MotorsportWeek.com
F1 engine dispute heads for boiling point in key FIA...
This week, Formula 1’s engine manufacturer’s... Read More »
4h ago from F1i.com
