F1 »

Schumacher's ex-manager Weber avoids jail term

Michael Schumacher's former manager and Nico Hülkenberg's current manager Willi Weber has been sentenced to two years' probation by a German court in Stuttgart for embezzlement
He might be enduring a rather less-than-glorious comeback to top flight competition in F1 2010, but at least Michael Schumacher has been spared the ignominy of seeing his former manager Willi Weber being sent to jail for insolvency.

Weber currently manages Schumacher's younger compatriot and Williams rookie Nico Hülkenberg and retains an involvement in the commercial side of the former's career – but in 2008 the flamboyant businessman was sentenced to two years' probation and a substantial fine for having presided over the transfer of money and assets from an insolvent Schumacher merchandising company.

The 68-year-old has now re-appeared before a German district court in Stuttgart, it has been reported, on charges of the embezzlement of €1.2 million and fraudulent bankruptcy of the company 'Pole Position Marketing' – for which he was put on a further two-year probationary period, fined €93,600 in damages and ordered to pay €360,000 to charity.

Related Pictures

Click on relevant pic to enlarge
Qualifying, Willi Weber (GERr), Driver Manager
Saturday Practice, Willi Weber (GERr), Driver Manager
Saturday Practice,  Willi Weber (GERr), Driver Manager
20.10.2006 Sao Paulo, Brazil, Willi Weber (GER), Driver Manager - Formula 1 World Championship, Rd 18, Brazilian Grand Prix, Friday
10.09.2006 Monza, Italy,  Willi Weber (GER), Driver Manager - Formula 1 World Championship, Rd 15, Italian Grand Prix, Sunday
Race, Michael Schumacher (GER), Mercedes GP  F1 Team, MGP W01 and Willi Weber (GERr), Driver Manager
Sauber C36 Ferrari
Sauber C36 Ferrari
Crash.net 2017 Formula 1 Calendar
Michael Schumacher
Michael Schumacher and the 1996 Ferrari F310
Nico Rosberg and Fernando Alonso - Mercedes, McLaren
Manor`s 2017 F1 car model [Pic: Twitter]
Manor`s 2017 F1 car model [Pic: Twitter]
Kevin Magnussen - Haas F1 Team [credit: Haas F1 Team]
Valtteri Bottas, Nico Rosberg
Nico Hulkenberg - Renault Sport F1
Renault Formula One Team, launch date, [Credit: Renault F1]

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.

Oli - Unregistered

August 06, 2010 12:40 PM

Seems strange and needless. I can't imagine Herr Weber is short of a bob or two, having negotiated hundreds of millions of dollars for MS over the last 20 years. Ah well, at least a charity gained some funds from it. Oli

© 1999 - 2017 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.