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Munich court accepts bribery case against Ecclestone, trial to start in April

Discussion in 'F1' started by Far Out, Jan 16, 2014.

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  1. anthony47

    anthony47 Karting

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    #101 anthony47, Jun 29, 2014
    Hello,I could not find it.Do you happen to have a link?Thank you.
     
  2. Igor Ound

    Igor Ound F1 Veteran

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    #102 Igor Ound, Jun 29, 2014
  3. Bas

    Bas Four Time F1 World Champ

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    #103 Bas, Jul 29, 2014
    Bernie has offered 25M to settle the case. Court in recess till tomorrow whilst they're debating to accept or not.


    --

    The irony of being charged with bribery and then pay more money to settle (a different word for bribe) is absolutely beautiful.
     
  4. nerofer

    nerofer F1 World Champ

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    #104 nerofer, Jul 29, 2014
    And this has surely not escaped the Pigmea, you can be sure of this...

    Rgds
     
  5. Fast_ian

    Fast_ian Two Time F1 World Champ

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    #105 Fast_ian, Jul 29, 2014
    +1 :)

    From gpupdate;

    He's finding it "highly burdensome"..... Poor Bernie! ;)

    Cheers,
    Ian
     
  6. VIZSLA

    VIZSLA Four Time F1 World Champ
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    #106 VIZSLA, Jul 29, 2014
    A clear case of poetic justice.
     
  7. DF1

    DF1 Three Time F1 World Champ

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    FRA - nice city with a really big airport :)
    #107 DF1, Jul 29, 2014
    He wouldnt offer this if the case was strong against him. The judge and the court should take this and move on. They have probably spent this much with the previous trial etc. Given the data released the case is weak at best. Going forward would be simply a political show in my opinion.
     
  8. VIZSLA

    VIZSLA Four Time F1 World Champ
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    #108 VIZSLA, Jul 29, 2014
    Bayern LB is the aggrieved party?
    If so is this the first cash offer he's made to them?
    If it is, why now?
    If it isn't, why would he think that they're ready to settle at this point?


    20mil is a rounding error given his fortune but the man does love his gold.
     
  9. Fast_ian

    Fast_ian Two Time F1 World Champ

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    #109 Fast_ian, Jul 29, 2014
    Yes. I'm pretty sure they're also 'state owned', so ultimately the good people of Bavaria (? Florian)

    I believe it is.

    Because it's becoming "burdensome"! ;)

    My guess as to why now would be his guys are making a pretty good case & feel they may just be ready to accept it rather than risking continuing (?) I have no idea how such things work, but maybe they'll come back with "make it 40MM and we've got a deal". Everyone saves a little face and goes home happy.....

    Indeed. May be just about enough to sway public opinion in favor of saying "**** it, let's just drop the whole thing & move on" maybe?

    Hopefully Florian will give us the "local update/feelings" shortly.

    Cheers,
    It
     
  10. classic308

    classic308 F1 Veteran

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    #110 classic308, Jul 31, 2014
    What a farce.
     
  11. Fast_ian

    Fast_ian Two Time F1 World Champ

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    #111 Fast_ian, Jul 31, 2014
    What is? Bernie's offer or the court case itself?
     
  12. NürScud

    NürScud F1 Veteran

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    #112 NürScud, Aug 2, 2014
  13. crinoid

    crinoid F1 World Champ
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    #113 crinoid, Aug 2, 2014
    Nice.
     
  14. Fast_ian

    Fast_ian Two Time F1 World Champ

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    #114 Fast_ian, Aug 2, 2014
    Dayum! A 100MM!

    Plus the 40 odd he paid Gribkowsky.

    He'd probably have been better off to let the UK tax man do an audit! ;)

    Love the way they change currencies.....

    Pounds?
    No Dollars
    No, Euros
    Deal!....

    (Which movie was that?)

    Cheers,
    Ian
     
  15. DF1

    DF1 Three Time F1 World Champ

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    #115 DF1, Aug 2, 2014
    Article says dollars. Given what he has earned since the event in question, this is a total victory. Period. Never a doubt to me he would not see jail. Im betting a good portion of this can be reduced/deducted from operating expenses/taxes etc. Plus he is paying in dollars. A victory complete for Bernie if true.
     
  16. classic308

    classic308 F1 Veteran

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    #116 classic308, Aug 2, 2014
    The whole thing, a bribery case has been settled with a bigger payoff. The govt was jealous!
     
  17. VIZSLA

    VIZSLA Four Time F1 World Champ
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    #117 VIZSLA, Aug 2, 2014
    Professional pride.
    Can't have someone else be a bigger thief!
    :)
     
  18. wax

    wax Five Time F1 World Champ
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    #118 wax, Aug 2, 2014
    Aside from Lawyers . . . Who actually gets the US $100,000,000,000.00?


    Sent from my iPhone using Tapatalk
     
  19. DF1

    DF1 Three Time F1 World Champ

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    #119 DF1, Aug 2, 2014
    CVC can now start the stock floatation/listing again. This clears the path for many things to happen for F1 as a business.

    Hopefully that will make the sport better as well. Time will judge of course!
     
  20. tifosi12

    tifosi12 Four Time F1 World Champ
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    #120 tifosi12, Aug 2, 2014
    Good point.
     
  21. DF1

    DF1 Three Time F1 World Champ

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    #121 DF1, Aug 5, 2014
  22. tifosi12

    tifosi12 Four Time F1 World Champ
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    #122 tifosi12, Aug 5, 2014
    Whether it is a win or not would depend on how much $ he made by bribing the German banker. Just coughing up $ 100 mio isn't a win per se.

    IIRC the whole thing was about snatching the German TV rights away from rival competitors and that's certainly worth more, so yes, looks like a win.

    The guy is an insane risk taker though.
     
  23. greyboxer

    greyboxer F1 World Champ

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    #123 greyboxer, Aug 5, 2014
    It is a win if you get to keep your highly lucrative job and the associated power : CVC said he'll go if guilty but this way he is not
     
  24. ScuderiaRossa

    ScuderiaRossa Formula 3
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    #124 ScuderiaRossa, Aug 5, 2014
    Wow! First he bribes the banker, and now the German prosecutors. So much for justice...
     
  25. Bas

    Bas Four Time F1 World Champ

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    #125 Bas, Aug 5, 2014
    The courts apparently asked him if he wanted to settle or no.


    --

    Quite happy he gets to stay out of jail. Now buy F1 back from CVC, strongarm the FIA and get rid of silly engines...or at least add another turbo so there's more noise. And extend tanks with another 40 kg or so and get rid of the fuel flow limit.
     
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