/ Motorsport / Court victory cost Ecclestone millions

Court victory cost Ecclestone millions

Linked In Share

Feb.24 (GMM/Inautonews.com) He may have won the court battle with Constantin Medien, but it still cost the F1 chief executive millions.

Amid the Gerhard Gribkowsky corruption affair, the German media company had pursued the embattled 83-year-old Briton Ecclestone for $140 million.

However, the case still cost Ecclestone millions.

“My costs are bloody expensive,” he told F1 business journalist Christian Sylt. “The costs are in excess of 20 million pounds ($33m).

“I hope they will be able to pay,” added Ecclestone.

And in separate comments published by The Times, he said: At least I don’t have to pay someone 80 million pounds ($133m) or so, because we won that.”

Ecclestone and his expensive lawyers are now preparing for a German criminal trial, set to begin in April.

“All we have to prove is Gribkowsky doesn’t exactly always tell the truth,” he told Sylt in comments published by the Daily Mail.

by Mircea Serafim (my Google+) - Monday, February 24th, 2014 - filed under Motorsport. Image credit: .
Linked In Share
Related Articles


Discuss: Court victory cost Ecclestone millions

Leave a Reply
















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

[VIDEO] Range Rover Sport SVR goes official
[VIDEO] Range Rover Sport SVR goes officialLand Rover has officially unveiled the new Range Rover Sport SVR ahead of its public debut scheduled for later on this weekend, ...
2015 Ford Edge officially unveiled
2015 Ford Edge officially unveiledFord has officially pulled the wraps off the second generation of the Edge which has been scheduled to go on sale in early next ...
Even celebrities endorse Elon Musk’s Tesla
Even celebrities endorse Elon Musk’s TeslaIt’s no ordinary company and also no ordinary automaker. It’s called Tesla and with its one model line-up has managed to ...
Nissan 2020 Concept Vision Gran Turismo going to Goodwood
Nissan 2020 Concept Vision Gran Turismo going to GoodwoodNissan will officially introduced a full-size model of the 2020 Concept Vision Gran Turismo during the 2014 Goodwood Festival of ...
Toyota reveals the price of its first fuel cell car
Toyota reveals the price of its first fuel cell carThe Japanese automaker, also the biggest in the world, envisions its clean future to be based on fuel cell cars. The first of its ...
Mulally to stay in touch with Ford
Mulally to stay in touch with FordAlthough Alan Mulally is planned to step down from its chief executive position at Ford Motor Co from next month, the top ...
Opel to bring new generation Corsa by year’s end
Opel to bring new generation Corsa by year’s endAs the European unit of US automaker General Motors seeks to finally return to profitability, Opel has announced it plans to ...
Ferrari aims to cut 20% of its emissions
Ferrari aims to cut 20% of its emissionsThe harsher polluting emission rules coming from the European Union are valid for each and every automaker – and that includes ...
New 2015 Edge comes with Ford’s global ambitions
New 2015 Edge comes with Ford’s global ambitionsYesterday Ford Motor Co, the second largest US automaker officially premiered its next generation 2015 Edge crossover, which is ...
GM thinks green, adds two new solar arrays
GM thinks green, adds two new solar arraysFighting to show its commitment as a business to securing a clean, eco, energy efficient future, General Motors has announced it ...
Japan plans to spearhead fuel cell growth
Japan plans to spearhead fuel cell growthThe country’s government, alongside the top automakers, want to speed up the introduction of the fuel cell vehicles into ...
Chrysler brings new North America product planning boss
Chrysler brings new North America product planning bossRecently merged into the newly created Fiat Chrysler Automobiles, the US unit Chrysler has made changes to one of its senior ...
Prodromou to start at McLaren in September
Prodromou to start at McLaren in SeptemberJun.25 (GMM/Inautonews.com) Red Bull aerodynamics chief Peter Prodromou will start work at McLaren in September, Ron Dennis has ...
Sirotkin says de Silvestro role ‘a marketing ploy’
Sirotkin says de Silvestro role ‘a marketing ploy’Jun.25 (GMM/Inautonews.com) Sergey Sirotkin has denied his future at Sauber is being overshadowed by the Swiss female driver ...
Stolen file is ‘summary of Schumacher’s condition’
Stolen file is ‘summary of Schumacher’s condition’Jun.25 (GMM/Inautonews.com) The hospital in Grenoble where Michael Schumacher lay in coma for almost six months reported medical ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

Range Rover Sport SVR 1
2015 Ford Edge 1
Volkswagen Beetle Dune Concept 1
abandoned ferrari enzo china 1
bmw m4 coupe crash 1
2015 chevrolet cruze interior 1
2015 GMC Sierra Denali 1
opel astra gtc 1.6 cdti 1
bmw m2 coupe render 1
Ferrari 458 Speciale gets crashed in Sicily 1
Porsche Compact Hatchback 1
Hyundai Tucson The Walking Dead Edition 1

More automotive from inautonews
Land Rover has officially unveiled the new Range Rover Sport SVR ahead of its public debut scheduled for later on this weekend, during the 2014 Goodwood Festival of Speed. Do you remember the Range Rover Sport RS teased by the British based automaker several times? Well it seems that the model in ...
read more
Inautonews Editors Section
Car investment – which are the next classics?
Car investment – which are the next classics?Some prefer the stock exchange, others buy gold and some invest in properties, but there is a small group of people who prefer to try their luck with ...
Where brand new cars go to die
Where brand new cars go to dieHundreds of millions of brand new cars are left to rust in huge parking lots all over the globe after no one wants to buy them. The 2014 world ...
Trendy cars for this summer
Trendy cars for this summerSummer is just around the corner and the inautonews.com team is presenting you with some of the hottest convertibles money can buy these ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety New Mustang adds airbag safety innovationWith GM’s recalls of defective ignition switches that rendered airbags useless and Takata's ... Takata airbag recall tally still growingThe Japanese corporation, the second in the world when it comes to safety systems can add another 3 ...
Safety Section