F1, Formula 1, NASCAR, IndyCar, MotoGP, ALMS, And More!

Feb 20, 2014 - 07:40 AM
Top News!
Rumors Edition!
Upcoming Racing! (Updated)

Top Stories
· 2014 Daytona 500 (Budweiser Duel): NASCAR Sprint Cup Starting Line-Up & Race Preview (Feb 20, 2014)
· 2014 Daytona 500: NASCAR Sprint Cup Practice Four Results - Hamlin, Toyota Fastest! (Feb 19, 2014)
· 2014 Daytona 500: NASCAR Sprint Cup Practice Three Results - Allmendinger, Chevrolet Fastest! (Feb 19, 2014)
· 2014 Daytona: NASCAR Truck Practice One Results - Kennedy, Chevrolet Fastest! (Feb 19, 2014)
· 2014 Bahrain: Formula One F1 Wednesday Test Results - Hulkenberg, Force India Fastest! (Feb 19, 2014)

Previous Top Stories!

Hot Rumors!
· F1: Camera not to blame for Schumacher injury ? (Feb 19, 2014)
· F1: Raikkonen could be next F1 father ? (Feb 17, 2014)
· F1: Teams group FOTA set to collapse ? (Feb 17, 2014)
· F1: Court action threatens Kolles' F1 plans ? (Feb 17, 2014)
· F1: Ferrari engine stops spark to save fuel ? (Feb 17, 2014)
More Rumors!

Judge says Ecclestone paid bribe; Red Bull on track
Posted by: Admin on Feb 20, 2014 - 07:40 AM
Formula 1 News
Judge says Ecclestone paid bribe; Red Bull on track

A London court verdict on Thursday was both good and bad news for F1's embattled chief executive Bernie Ecclestone.

Constantin Medien's $140 million damages claim was dismissed by the judge, but Justice Guy Newey announced in his verdict that 83-year-old Briton Ecclestone had been "corrupt".


Bookmark and Share

It is a major blow to Ecclestone, who later this year will face jail, and certainly the end of his long reign over the sport, if found similarly guilty of paying a bribe by German prosecutors during a criminal trial.

"The payments were a bribe," Thursday's verdict read, adding that Ecclestone's agreement with jailed former F1 banker Gerhard Gribkowsky was "corrupt".

However, Justice Newey dismissed Constantin's claim, asserting the German company and former F1 shareholder was "no part of Mr Ecclestone's purpose" in having paid the bribe.

"No loss to Constantin has been shown to have been caused by the corrupt arrangement with Dr Gribkowsky," he said. "That fact is fatal to the claim."

But the judge dealt further blows to Ecclestone by saying the 83-year-old was not a "reliable or truthful witness".

Ecclestone's lawyers, however, saw the bright side of the verdict, saying the judge had "completely exonerated" the defendants.

Meanwhile, Red Bull's troubled 2014 campaign seemed finally to get on track on Thursday, when Sebastian Vettel managed dozens of laps in the Renault-powered RB10 in Bahrain.

PaddockTalk Perspective

Also in Formula 1 News:

Related links
· F1 Edition
· PaddockTalk Top News
· F1 Rumors
· More about Formula 1 News

Home :: _ 

All logos and trademarks in this site are property of their respective owner.
The comments are property of their posters, all the rest (c) 2003-2014 by PaddockTalk.com.
Contact E-mail: [email protected]