Apr 10, 2013, 9:55 AM EST
Bernie Ecclestone is fighting to keep his latest court case from being tried in the United States.
Bluewater Communications Holdings accuses Ecclestone of costing it $650 million by paying a $44million bribe to German banker Gerhard Gribkowsky in 2006 to secure F1’s sale to CVC Capital Partners, its current owners.
Bluewater claimed in November it should have won the bid for F1 as its offer was “10 percent above any genuine bona fide offer put forward by any other competing buyer”.
Ecclestone claims the fact his payment to Gribkowsky was paid in dollars, from a Swiss bank to an Austrian bank, does not give US courts jurisdiction over the case.
Nor, he added, does Bluewater’s claim their losses were partly inflicted in the state of New York.
“His claim is an absurd claim,” said Ecclestone of the case last year. “He didn’t know that the other bidders were going to pay.”
Gribkowsky was sentenced to eight-and-a-half years in jail in June last year for accepting the bribe from Ecclestone. The 82-year-old president and CEO of Formula One Management remains under investigation in Germany but has not been charged.
Jan 26, 2015, 8:45 PM EST
NASCAR heavily is considering using the May 16 showcase as a trial run of the rules package for the 2016 season and has begun informing Sprint Cup teams of the possibility.
Jan 26, 2015, 8:33 PM EST
Quick recap for Day 1 of 3 in South Florida for the Indy Lights contingent.
Jan 26, 2015, 8:06 PM EST
Kyle Busch say that he doesn’t see Toyota partners Joe Gibbs Racing and Michael Waltrip Racing working closely together and that “we’re idiots” for not doing so.
Jan 26, 2015, 7:04 PM EST
Kyle Busch is not pleased with those who have confused him with his brother in reporting on Kurt Busch’s recent court matter.
Jan 26, 2015, 6:05 PM EST
Will its expansion help or hurt its hopes of a Sprint Cup title?
Jan 26, 2015, 4:54 PM EST
Which Joe Gibbs Racing driver will have the best season in 2015? Newcomer Carl Edwards, or Matt Kenseth, or JGR stalwarts Kyle Busch or Denny Hamlin?
Jan 26, 2015, 4:38 PM EST
After last year’s exciting Chase for the Sprint Cup, NASCAR chairman Brian France painted a very positive state of the sport Monday. There are still challenges, but NASCAR is working at fixing those.
Jan 26, 2015, 4:05 PM EST
NASCAR Chairman Brian France says series officials are not looking to eliminate the four-car limit for teams.
Jan 26, 2015, 3:58 PM EST
The wireless communications company already has announced its departure after the end of its contract in 2016
Jan 26, 2015, 3:30 PM EST
Devon Amos, Jay Beasley, Collin Cabre, Natalie Decker, Kenzie Ruston, and Dylan Smith part of this year’s D4D program; an update on Daytona Rising renovation project.
Jan 26, 2015, 3:22 PM EST
Greg Morin, a pit coach overseeing the crews of Jimmie Johnson and Dale Earnhardt Jr., is leaving his position after January.
Jan 26, 2015, 3:08 PM EST
NASCAR has outlawed the practice of teams manipulating — or flaring out — of rear side skirts to produce an aerodynamic advantage.
Jan 26, 2015, 1:25 PM EST
The Grove gang reveals its lineup for the first F1 preseason test of 2015.
Jan 26, 2015, 12:00 PM EST
Video game retail company continues support of Joe Gibbs Racing’s XFINITY Series program.
Jan 26, 2015, 11:30 AM EST
Official launch of the new car is set for Friday.
Jan 26, 2015, 11:09 AM EST
NASCAR Hall of Famer Dale Jarrett will join NBC and NBCSN’s coverage of NASCAR in 2015, it was announced Monday.
National Motorsports Press Association honors Lynda Petty, Kevin Harvick and others for service, achievement
Jan 26, 2015, 10:31 AM EST
Richard Petty’s late wife, Lynda, and 2014 Sprint Cup champion Kevin Harvick were among those who were honored during Sunday’s National Motorsports Press Association annual awards banquet.
Jan 26, 2015, 10:10 AM EST
Lotus hopes to put a less-than-competitive 2014 to rest with the help of its new car.
Jan 26, 2015, 9:36 AM EST
A long layoff has drivers such as Danica Patrick ready ‘to take out this aggression somewhere right now.’
Jan 25, 2015, 11:33 PM EST
A big fan of the Rolex 24 at Daytona, Dale Earnhardt Jr. posed a rather interesting question to his Twitter followers: Could NASCAR ever do — let alone consider — a 24-hour race?
Video from NASCAR America
- NASCAR considers unveiling 2016 rules at Sprint All-Star Race in May 1
- Kyle Busch says Toyota teams are “idiots” by not working close together 7
- Brian France: State of NASCAR is in a good place and getting better 2
- NASCAR Hall of Famer Dale Jarrett to join NASCAR coverage on NBC, NBCSN 4
- F1: Lotus releases images of its new Mercedes-powered E23 2
- NASCAR Media Tour begins today, but drivers still in idle 2
- Dale Earnhardt Jr. ponders a 24-hour NASCAR race 8