F1 Fansite

F1 News

Court victory costs Ecclestone millions

Posted on by with 0 Comments
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

PinIt

Latest F1 News posts:

See older posts in our F1 News Archive »

Stay Updated by F1-Fansite!

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 2015 Formula 1 Season Early Booking Discounts are:
F1 Grand Prix
Discount

Book F1 Tickets Singapore F1 GP Singapore 15 Available
Book Now
Book F1 Tickets Italian F1 GP Italy '15 Available Book Now
Book F1 Tickets Hungarian F1 GP Hungary '15' Available Book Now
Book F1 Tickets Belgium F1 GP Belgium '15 Available Book Now
Book F1 Tickets Russian F1 GP Russia'15 Available Book Now
Book F1 Tickets Australia F1 GP Australia '16 Available
Book Now
Book F1 Tickets Spainish F1 GP Spain '16 20% discount Book Now
Book F1 Tickets Monaco F1 GP Monaco '16 Available Book Now
Book F1 Tickets Canada F1 GP Canada '16 Available Book Now

Polls

Do we need the German GP back on the calendar?

View Results

Loading ... Loading ...