News Details
BayernLB files £270m lawsuit against Ecclestone
Bernie Ecclestone is being sued by German bank BayernLB over the sale of the sport in 2006, a spokesman for the bank confirmed this week. The company believes the sport was undervalued when it was sold to CVC Capital Partners, therefore undervaluing its stake. BayernLB is reportedly seeking compensation of £270 million (€345m, $420m), believing Ecclestone is guilty of bribing german banker and then-BayernLB employee, Gerhard Gribkowsky. "BayernLB has filed a law suit against Mr. Ecclestone, the family foundation Bambino and others and is asking for damages of €345 million plus interest," a spokesman told Reuters. "When the bank's stake in Formula One was sold...
Full Story »
Full Story »
11y ago from TheF1Times.com
0
You May Also Be Interested In...
German bank sues Ecclestone for 345 million
Bernie Ecclestone in court
German bank BayernLB is seeking 345 million in...
11y ago from GrandPrix247.com
Ecclestone sued for 345 million by German bank
German state bank BayernLB is suing Bernie Ecclestone and his family...
11y ago from F1Pulse.com
BayernLB files law suit against Ecclestone
– German bank BayernLB has confirmed that it has filed a law suit...
11y ago from GPUpdate.net
Ecclestone takes swipe at trial outcome with Christmas...
Lawyer Sven Thomas talks to his client Bernie Ecclestone during their...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta to race for Ducati in 2027 alongside Marc...
No description available...
3h ago from Motorsport.com
Toprak Razgatlioglu: MotoGP's newest superstar
On one fateful day, June 10, 2025, news finally broke that would mark one...
4h ago from MotorsportWeek.c...
Has Yamaha ditched its triplane aero for Ducati-style...
No description available...
5h ago from Motorsport.com
Exclusive: Honda signs Fabio Quartararo for 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Cindric returns to Team Penske for 2026 as...
No description available...
16h ago from Motorsport.com
Tim Cindric returns to Penske in race strategist role
Team Penske has announced the strategist line-up for its 2026 IndyCar...
16h ago from MotorsportWeek.c...
D.C. race "would be massive opportunity for...
No description available...
1d ago from Motorsport.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
22h ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
1d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
4d ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
“I know what they’ve been doing over the last...
Arsenal head coach Mikel Arteta has made his stance clear about Manchester...
2h ago from SportsKeeda.com
'You have to go on the pitch and deliver' - Arsenal...
Arsenal head coach Mikel Arteta has responded to suggestions that...
32m ago from SportsKeeda.com
Arteta compares Arsenal’s Max Dowman with young...
t;li>16-year-old signs pre-agreement for first pro contract‘What Max...
2h ago from TheGuardian.com
'I'm talking with…' – Tottenham transfer...
Tottenham have an interest in signing Bayern Munich winger and former...
2h ago from CaughtOffside.com
Comments
Hottest News
2026 F1 Barcelona Pre-Season Test - Day 5 morning results
Check out the morning results from the final day... Read More »
2h ago from RacingNews365.com
Aston Martin ‘struggle with F1 speed limit’ at...
Aston Martin are reportedly struggling with the... Read More »
1h ago from GPFans.com
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 5
The fourth day of on-track action for F1 in 2026... Read More »
6h ago from RacingNews365.com
