F1 » Ecclestone seeks settlement to end bribery trial


Bernie Ecclestone's lawyers say he is willing to pay a £20 million settlement to end his bribery trial

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benignlyindifferent

July 30, 2014 1:09 PM

Nope. People and organizations frequently settle without acknowledgement of guilt, whether guilty or not, and it is an effective strategy to prevent dragging conflicts through the courts for extended periods of time. It appears that as Bernie's criminal case is winding down, and it appears he is likely to be found not guilty due to lack of clear evidence, by offering an accepted settlement he will remove the threat of any civil lawsuit. Brilliant timing by his legal team. Is he guilty?Likely not in the eyes of the court regardless of what we may think.

107SS2009

August 02, 2014 10:34 PM

If this settlement goes through it will cost MR E nearer to £75m/$100m.
As summarized by Der Spiegel, MR E will avoid being sentenced for bribery by bribing the court.
And those that had seen the end of his F1 road including me and Rob might find out that, the only chance to remove MR E from F1 is to wait for his natural demise, but nobody knows if he has bribed the grim reaper too.

Wiseguy

July 30, 2014 5:15 PM

I am from an African country and we are always accused by the West of being corrupt. Let me assure you that we have a long way to go to match the likes of Eccelstone and Gribkowski. In point of fact we learn all the dirty tricks from the West who never stop bribing our politicians for big contracts.

The offer of $44.0 million is clearly an admission of guilt by Eccelstone and he should be made to join Gribkowski in jail. Imagine the two of them sharing a cell!

As for Briatore, his enduring relationship with Eccelstone is cause for concern. He blotted his copy book an should keep away from the sport. I fail to see what F1 will gain by getting him involved when there are so many competent people with clean records to choose from.

Cubikrube

July 30, 2014 1:06 PM

Lance Armstrong is a cheating scumbag who used lawyers to stamp on anyone who tried to go against his whiter than white persona. He is not a good example to highlight here as he ruined a good few lives as a result of legal tactics...he didn't get fed up...he got found out and knew it was pointless going any further....prior to that he spent a good 20 years using his vast wealth to pay for the best in the legal business to beat up on those who couldn't defend themselves.

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