Ecclestone offers EUR 25m to settle bribery case

1,901 views

The defense offer is reportedly valid until August 8

Bernie Ecclestone is willing to pay EUR 25 million to settle the corruption case, media reports said on Tuesday.

The German news agency DPA said the F1 chief executive's lawyers made the proposal to pay the money to BayernLB, despite arguing the bank suffered no financial loss.

The report added that the application was made in a statement to the Munich court on Tuesday, even though the lawyers argue that the prosecutors' case against Ecclestone is "highly questionable".

Referring to the DPA report, Auto Motor und Sport on Tuesday claimed the lawyers are making the proposal because of how "extremely stressful" the case is to the 83-year-old Briton.

The defense offer is reportedly valid until August 8, and the prosecution is said to be evaluating it.

Write a comment
Show comments
About this article
Series F1
Article type Breaking news
Tags bernie ecclestone

User photos

EuroRacer
F1

EuroRacer

45 photos
Josefine Lißner
F1

Josefine Lißner

1 photos
hanmerdesign
F1

hanmerdesign

9 photos
Evan_DeCiren
F1

Evan_DeCiren

30 photos
colfox72
F1

colfox72

1 photos
gillfoto
F1

gillfoto

1 photos
akazoinho
F1

akazoinho

4 photos
Tim Holmes
F1

Tim Holmes

25 photos
Upload photo