News Details
Ecclestone wins Constantin Medien case
A High Court judge in London has ruled in favour of Bernie Ecclestone in the legal case involving Constantin Medien.The German media group was demanding £85m ($140.4m) in damages claiming that Ecclestone conspired to undervalue F1 when selling the business because if it had not been sold to CVC a higher bidder would have bought it.Constantin Medien had accused Ecclestone of entering into a 'corrupt agreement' with German banker Gerhard Gribkowsky to facilitate the sale to CVC.More to follow
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12y ago from Pitpass.com
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