By Alan Baldwin SPA-FRANCORCHAMPS Belgium (Reuters) - Formula One needs a strong leader and Bernie Ecclestone's $100 million court settlement to end a bribery trial in Germany is positive for the sport's future, Mercedes motorsport head Toto Wolff said on Saturday. Show More Summary
- Formula One ringmaster Bernie Ecclestone on Friday said he had no doubt that this year's controversial inaugural Russian Grand Prix in Sochi will go ahead as planned in early October. Speaking to reporters in the paddock at Belgian Grand Prix practice, the 83-year-old Briton said he and Formula One would respect their contract with the promoters.
By Alan Baldwin SPA-FRANCORCHAMPS Belgium (Reuters) - Formula One has no argument with Russia and the country's debut grand prix will go ahead as planned in October despite the crisis in Ukraine, Bernie Ecclestone said on Friday. "We have a contract. Show More Summary
German bank BayernLB [BAYLB.UL] on Thursday signaled it was open to a compromise to end a legal fight with Formula One boss Bernie Ecclestone relating to his involvement in the 2006 sale of its stake in the motor racing business. BayernLB...Show More Summary
Bernie Ecclestone must be celebrating this weekend. The Formula One CEO settled his German court case earlier this week with a $100 million payment. Now he can turn his full attention back to F1. Still, Ecclestone is always good for a quote, and he did not disappoint this time. Show More Summary
THESSALONIKI, Greece (AP) — Germany made headlines this week by letting Bernie Ecclestone, the Formula One chief, pay $100 million to end his bribery trial. In Greek justice, money talks in a different way: Some inmates jailed for minor offences are allowed to buy their freedom — at an average rate of five euros per day.
Money doesn't necessarily buy happiness, but it's bought British billionaire Bernie Ecclestone out of what he describes as "three and a half years of aggravation" in a high-profile bribery case. The Formula One supremo paid a $100 million settlement to end the case. The majority of this goes directly to the German state, while the remainder, about...
Bernie Ecclestone has hailed the "capitalist system" that saw him escape a bribery trial by paying the German court a record $100 million settlement. This week, the judge in Munich rubber-stamped the deal struck between the F1 supremo's...Show More Summary
REUTERS/Nacho Doce Formula One supremo Bernie Ecclestone, right, and former Brazilian soccer player Ronaldo at the presentation of a commemorative book titled "F1, Formula 1" in Sao Paulo on Nov. 22, 2012. Bernard "Bernie" Ecclestone is credited with bringing Formula One racing the fame and clout that it has today. Show More Summary
Rumours of a new grand prix in the former Soviet satellite Azerbaijan were confirmed in the week before the Hungarian Grand Prix. Formula One CEO Bernie Ecclestone told Forbes' Christian Sylt that the Azerbaijani capital of Baku, onShow More Summary
BERLIN (AP) — Formula One chief Bernie Ecclestone's departure from a Munich court with a fleeting "bye-bye" after having bribery charges dropped in exchange for an enormous $100 million payment left a sour taste for many in Germany.
Credits: SVEN HOPPE/AFP/Getty Images Alt Text: F1 Chief Executive Bernie Ecclestone leaves the court in Munich How and why the Ecclestone bribery case was abandoned and what it means for Formula 1 Briefing Jonathan Harwood Wednesday,...Show More Summary
Bernie Ecclestone, is to make a $100m (£60m) payment to end his trial on bribery charges, a district court in Munich has confirmed. Ecclestone, 83, went on trial in Munich in April over allegations that he bribed a former German banker as part of the sale of a major stake in the motorsport business eight […]
Formula One CEO Bernie Ecclestone is used to getting his way. Lucky for him, German courts are set up so that billionaires can buy their way out of trouble if things seem to be in danger of going against them.
A bribery case against Formula One boss Bernie Ecclestone was dropped Tuesday after a German court agreed to accept a $100-million payment from the billionaire.
Bernie Ecclestone is free to concentrate on running Formula One after a German court dropped a bribery case against him Tuesday in exchange for a $100 million payment.
British billionaire Bernie Ecclestone, the boss at Formula 1, settled bribery charges with a German court for $100 million on Tuesday.
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Formula One bigwig Bernie Ecclestone has opened his wallet to finally put an end to his trial for alleged bribery in Germany. According to Britain's The Telegraph citing the Süddeutsche Zeitung, the controversial racing magnate offered a 60 million pound- ($100 million-) settlement to put the case behind him. Show More Summary