News Details

'Ecclestone paid team bosses $10 million'

Bernie Ecclestone made 10 million dollar payments to three team bosses to ensure the signing of a new Concorde Agreement in the late 1990s, it has been alleged. According to the lawyer of Constantin Medien, Ecclestone sent payments via Vulper Holdings, part of his family fund Bambino Holdings, to Eddie Jordan, Alain Prost and Tom Walkinshaw of Arrows before the commercial deal was signed back in 1998. On Thursday, Ecclestone claimed that he had no knowledge of the payments, and is quoted as saying by The Guardian: "The right person to speak to is the person that was dealing with this, because I don't know whatever it is and didn't have anything to do with it. I've not the slightest...
Full Story »
12y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Ecclestone paid team bosses $10-million each to sign...

Ecclestone paid team bosses $10-million each to sign 1998 Concorde...
12y ago from GrandPrix247.com

F1 2013 – Ecclestone paid team bosses $10mil each to...

During his trial at the high court this week, it was revealed that Bernie...
12y ago from F1.co.uk

Ecclestone said to have paid bribes to F1 team bosses

Bernie Ecclestone's long reign at the top of formula one could end over an...
12y ago from GrandPrix.com

F1 team bosses 'bribed'

It is claimed that F1 team bosses Eddie Jordan, Alain Prost and Tom...
12y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Massimo Rivola: Aprilia has become the ‘benchmark’...

Massimo Rivola has admitted that Aprilia has become the current reference...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...

Popular On GunnersToday.com

William Gallas tells Arteta to replace 2 Arsenal...

William Gallas has urged Arsenal to change their playing style to get the...
2h ago from SportsKeeda.com

Are Arsenal going to bottle it? The next four games...

Arsenal have a crucial four games coming up, ever since I made it clear...
5h ago from CaughtOffside.com

“Would you ordinarily do that?” - Gary Lineker...

Gary Lineker has suggested that Arsenal are showing signs of ‘panic’...
6h ago from SportsKeeda.com

Sources: Arsenal have advantage over Liverpool in...

Arsenal have been linked with Yan Diomande and my understanding is that...
7h 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.