Ecclestone


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Ecclestone

Bernard, known as Bernie. born 1930, British businessman and sports administrator; head of Formula One motor racing from 1995
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Now Mr Ecclestone, 85, has revealed he "never intended to pay" the ransom.
com/sport/2014/dec/19/bernie-ecclestone-f1-bambino-sued-270m) , German state bank BayernLB has rejected Ecclestone settlement offer worth 25 million Euros in August, following the ruling of a Munich court to terminate a bribery case against the 84-year-old former car salesman and F1 team owner.
Constantin accused Ecclestone of entering into a "corrupt agreement" with a banker to facilitate the sale of the Formula One Group to a buyer chosen by him.
Ecclestone, 83, who had been on trial for three months, walked away from the court in Munich a free man.
Back at work in his office in London just hours after walking out of the district court in Munich for the final time, and in the words of a court official "a free man", Ecclestone made his honest admission.
Ecclestone had been charged with incitement to breach of trust and bribery and went on trial in Munich in April, reports the BBC.
e 83-year-old built F1 into the global brand it is today before selling to equity company CVC but now, despite an ongoing German court case in relation to alleged bribery, Ecclestone is keen to set up a bid to take back the sport.
Following the breakdown of the relationship between Ms Ecclestone and Mr Khyami in July 2012, the car was left with Ms Ecclestone.
On Sunday, ahead of one of the most entertaining races for years, Ecclestone acknowledged that whilst the technology behind the 1.
Ecclestone is due to go on trial in Munich in April following allegations he bribed German banker Gerhard Gribkowsky during negotiations relating to the sale of the sport in 2006.
Despite his advanced age, Ecclestone remains central to the commercial operations of a sport followed by millions of fans around the world and now weighing a flotation on the stock market in Singapore.
Ecclestone has gone from selling secondhand cars to building a multibillion-pound global empire, which he has run for almost 40 years.