News Details

Ecclestone expected in court

Bernie Ecclestone is expected to take the stand in London's High Court sometime today [Wednesday] as Constantin Medien's case against him and three fellow defendants continues.The civil case hopes to determine whether Ecclestone's family trust paid a £27m bribe to now disgraced German banker Gerhard Gribkowsky in a bid to smooth the sale of F1's commercial rights to current owner CVC. Constantin had a financial interest in F1 prior to CVC's involvement, thanks to an agreement that said it would receive ten per cent if the stake was sold for more than $1.1bn. When CVC paid $814m, it received nothing and alleges that Ecclestone conspired with Gribkowsky to undervalue the holding.Gribkowsky...
Full Story »
12y ago from Crash.net 0
Share

You May Also Be Interested In...

Ecclestone gets $30m boost in High Court trial

Formula One boss Bernie Ecclestone will be giving evidence at London's...
12y ago from Pitpass.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

Ecclestone made 'corrupt agreement'

F1 boss Bernie Ecclestone was accused of making a 'corrupt agreement', at...
12y ago from GPUpdate.net

Ecclestone accused of ‘corrupt bargain’

The opening day of proceedings in the civil action against Bernie...
12y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi ‘wasn’t expecting’ Aprilia COTA...

Marco Bezzecchi admitted he “wasn’t expecting” a record-breaking...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

'I'm thinking about…' – Man United,...

Nottingham Forest central midfielder Elliot Anderson insists he's only...
3h ago from CaughtOffside.com

Havertz on the scoresheet : Tuchel speaks well again

Morning. It's still all about the injuries and the Interlull this morning....
4h ago from Arseblog.com

Arsenal could leapfrog Man United for Elliot Anderson...

Manchester United’s top summer transfer target, Elliot Anderson, has...
12h ago from CaughtOffside.com

Arsenal make first move for 17-goal star but Tottenham...

German striker Nicolo Tresoldi is a target for Arsenal and Tottenham ahead...
12h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.