News Details
Civil case against Ecclestone dropped
The New York Surpeme Court has dismissed a civil action against Bernie Ecclestone. Bluewaters Communications Holdings LLC, an American-based investment firm, was seeking damages to the amount of 650 million US dollars from the F1 supremo following the controversial sale of the sport's commercial rights to in 2006 to CVC.
According to Bluewaters, the company might the highest for the 47 percent stake former shareholder Bayern LB sold and that Ecclesone was obliged to accept their offer.
Instead, the stake in F1 was sold to CVC Capital Partners, because, Bluewaters claims, Ecclestone paid a bribe to Bayern LB's chief risk officer Gerhard Gribkowsky.
The 650million Bluewaters was seeking...
Full Story »
Full Story »
12y ago from PlanetF1.com
0
You May Also Be Interested In...
Relief for Ecclestone as US judge dismisses $650...
Relief for Ecclestone as US judge dismisses $650 million lawsuit 22...
12y ago from GrandPrix247.com
New York judge dismisses Ecclestone case
Bernie Ecclestone's legal woes have eased slightly, as it emerges a $650m...
12y ago from GrandPrix.com
Ecclestone avoids US lawsuit over F1 sale
He may be the subject of ongoing European proceedings relating to the...
12y ago from Crash.net
The curious timing of the announcement of the case...
Last week the world of Formula One was taken by surprise by the...
12y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
What is custom motorcycle paint in the racing world?
Custom paintwork involves decorating vehicles. There is the Californian...
6h ago from MotorsportWeek.c...
Why Jorge Martin is back - but not at his best yet in...
No description available...
16h ago from Motorsport.com
MotoGP's Concorde Agreement edges closer as talks near...
No description available...
21h ago from Motorsport.com
MotoGP completes investigation into Brazilian GP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar changes Arlington results, penalizing Kyffin...
No description available...
10h ago from Motorsport.com
Ed Carpenter set for one-off Indy 500 run with...
No description available...
15h ago from Motorsport.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
1d ago from MotorsportWeek.c...
Will Power: “You cannot have a weakness” going...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
5d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Liverpool eye key replacement as Arsenal & Man...
Arsenal, Manchester United and Liverpool are reportedly interested in...
12h ago from CaughtOffside.com
Arsenal plot 35M raid for one of Brazil's brightest...
Arsenal are looking to sign a quality right back in the summer, and they...
13h ago from CaughtOffside.com
Arsenal eye statement signing of 19-G/A attacker who...
Arsenal are looking to sign the PSG attacker Khvicha Kvaratskhelia at the...
12h ago from CaughtOffside.com
Backlash against Ipswich Town shows why football can't...
Politics has wormed its way back into football, and Reform UK are thrilled...
16h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin set clear Japanese GP target in key problem...
Mike Krack has underlined the main goal for Aston... Read More »
51m ago from RacingNews365.com
F1 News Today: Honda chief to face media as brutal Aston...
Honda F1 chief Koji Watanabe will face the music... Read More »
51m ago from GPFans.com
FIA announce major F1 qualifying change for Japanese GP
The FIA has made a critical change to qualifying... Read More »
5h ago from RacingNews365.com
