F1 News

Court victory costs Ecclestone millions

Posted on by
Ma Qing Huay & Ecclestone in Italia
Bernie Ecclestone and Chinese testdriver at HRT Ma Qing Hua
Mark Webber, Ron Walker, Bernie Ecclestone and Daniel Ricciardo

Mark Webber, Ron Walker, Bernie Ecclestone and Daniel Ricciardo

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.

Book discounted tickets and reservate your hotel room in our F1 Tickets Shop.

Please share this article & subscribe to our FREE weekly F1 Newsletter


Latest F1 News posts:

See older posts in our F1 News Archive »

Stay Updated by F1-Fansite!

Each subscriber has a change to win one of our
2017 F1-Fansite.com Photo Calendars!.
Buy F1 MerchandiseBuy F1 Merchandise of your favourite driver or team.

Early Booking Discounts on F1 Tickets

Buy F1 tickets cheaper at F1-Fansite.com 2016 Formula 1 Season Early Booking Discounts are:
F1 Grand Prix

Book F1 Tickets Mexican F1 GP Mexico '16Available
Book Now
Book F1 Tickets Brazilian F1 GP Brazil '16Available
Book Now
Book F1 Tickets Abu Dhabi F1 GP Abu Dhabi '16Available
Book Now
Book F1 Tickets Australian F1 GP Australia '17AvialableBook Now
Book F1 Tickets China F1 GP China '1710% discountBook Now
Book F1 Tickets Spanish F1 GP Spain '1720% discountBook Now
Book F1 Tickets Monaco F1 GP Monaco '17AvailableBook Now
Book F1 Tickets Austrian F1 GP Austria '1720% discountBook Now
Book F1 Tickets British F1 GP UK '17AvailableBook Now
Book F1 Tickets Hungarian F1 GP Hungary '1720% discountBook Now
Book F1 Tickets Belgian F1 GP Belgium '1725% discountBook Now


Will Hulkenberg deliver the 'giant leap" for Renault?

View Results

Loading ... Loading ...
F1 Polls