News Details
F1 boss rejects 'corrupt' sale claim
A damages claim against Formula 1 boss Bernie Ecclestone relies on the confessions of a 'fantasist' jailed banker, the High Court has been told. German media company Constantin Medien alleges that Mr Ecclestone deliberately undervalued F1 when BayernLB bank sold its 47% stake in the sport in 2005. Robert Miles QC, representing the Formula 1 chief executive, said: 'This is a case that simply does not add up.' Constantin said it lost out in the deal and is seeking about £90m in damages. 'Absolutely delighted' Mr Miles said his client would have had no interest in undervaluing F1 because Mr Ecclestone's family was selling its own 25% stake at the same price. Mr Ecclestone rejects Constantin's...
Full Story »
Full Story »
You May Also Be Interested In...
Ecclestone made 'corrupt agreement'
F1 boss Bernie Ecclestone was accused of making a 'corrupt agreement', at...
12y ago from GPUpdate.net
Court case against Ecclestone over F1 sale starts
Formula One boss Bernie Ecclestone was accused of making a "corrupt...
12y ago from SuperSport.com
Ecclestone accused of corruption as High Court case...
Bernie Ecclestone is facing accusations of being involved in a corrupt...
12y ago from espnF1.com
cclestone accused of 'corrupt bargain' in F1 sale
LONDON, Oct 29, 2013 (AFP) - Formula One chief Bernie Ecclestone...
12y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP United States GP: Marc Marquez leads the way in...
No description available...
2h ago from Motorsport.com
Marc Marquez tops the timesheets in second US MotoGP...
Marc Marquez appeared undeterred after a heavy crash in FP1 as he...
50m ago from MotorsportWeek.c...
Marc Marquez in pain after Austin crash: ‘I will...
No description available...
50m ago from Motorsport.com
Maverick Vinales withdraws from US GP as Germany...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Christian Lundgaard aims to overcome recent qualifying...
No description available...
30m ago from Motorsport.com
Scott McLaughlin quickest over Kyle Kirkwood in...
The NTT IndyCar Series tackled the 2.38-mile Barber Motorsports Park on...
2h ago from MotorsportWeek.c...
Hunter McElrea tabbed as reserve driver by ECR
No description available...
7h ago from Motorsport.com
ECR brings on Hunter McElrea as reserve IndyCar driver
Ed Carpenter Racing has announced that Hunter McElrea will be the...
5h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Subaru teases new rally car for Japanese Championship
No description available...
1d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
1d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Madueke goes off injured during...
No description available...
2h ago from SkySports.com
Arsenal preparing 35 million summer bid to sign...
Arsenal are interested in signing Real Madrid winger Brahim Diaz in the...
5h ago from SportsKeeda.com
'That would worry me a bit' - Jamie Carragher sheds...
Jamie Carragher believes Arsenal's lack of 'special players' will hurt...
7h ago from SportsKeeda.com
Sandro Tonali delivers response following claims of...
Newcastle United midfielder Sandro Tonali did his talking on the pitch...
8h ago from CaughtOffside.com
Comments
Hottest News
'This isn't F1' - Fans rage as drivers lose up to 100km/h...
The new F1 cars' trial by fire continued at the... Read More »
2h ago from GPFans.com
Mattia Binotto makes surprise Jonathan Wheatley Audi...
Audi F1 project chief Mattia Binotto has spoken... Read More »
8h ago from MotorsportWeek.com
F1 Qualifying Results: Japanese Grand Prix times and...
F1 qualifying takes place today (Saturday, March... Read More »
1h ago from GPFans.com
