News Details

Ecclestone wins High Court battle

Bernie Ecclestone has won his multi-million dollar case in the High Court despite the judge calling it a "corrupt agreement". Last year, Ecclestone found himself in the High Court after Constantin Medien sued the F1 supremo to the tune of $144 million. The German media company claimed that was the amount they lost when Ecclestone allegedly undervalued Formula One's worth when it was sold to CVC Capital Parnters in 2006. Constantin Medien were set to receive a 10 per cent stake if the sport had been sold for more than $1.1bn but they did not receive a cent as German bank BayernLB sold it for $814m. The company's claims stem from the bribery case in Germany in which former banker...
Full Story »
12y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Ecclestone wins F1 case, but deal ruled corrupt

Formula One boss Bernie Ecclestone won a multimillion-dollar case at...
12y ago from F1Pulse.com

Ecclestone wins F1 damages case

Formula 1 boss Bernie Ecclestone has won a multimillion-dollar case at...
12y ago from SuperSport.com

Ecclestone wins £85m high court damages case

Bernie Ecclestone has won a high court battle brought against him over the...
12y ago from TheF1Times.com

Ecclestone wins Constantin Medien case

A High Court judge in London has ruled in favour of Bernie Ecclestone in...
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...

Popular On IndyCarToday.com

Will Power compares ‘military-like’ Andretti to...

When Will Power signed a contract to join Andretti Global for the 2026...

Popular On TotalWRC.com

Popular On GunnersToday.com

Liverpool eye key replacement as Arsenal & Man...

Arsenal, Manchester United and Liverpool are reportedly interested in...
11h 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...
12h 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...
11h 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...
15h 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.