Apr 10, 2013, 9:55 AM EDT
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.
May 24, 2015, 8:42 PM EDT
Video recap of Montoya’s win at Indianapolis 500.
May 24, 2015, 7:47 PM EDT
In his second win at the Brickyard, the Team Penske driver delivered a performance that embodies his style.
May 24, 2015, 7:31 PM EDT
The latest Paddock Pass is now online.
May 24, 2015, 7:24 PM EDT
Once again in 2015, it’s Graham Rahal and Rahal Letterman Lanigan Racing best of Honda’s brigade.
May 24, 2015, 7:12 PM EDT
A good, but not great day, occurs for Indianapolis 500 polesitter Scott Dixon.
May 24, 2015, 6:30 PM EDT
Kimball drives from 14th to third, a career-best in the Indianapolis 500.
May 24, 2015, 5:30 PM EDT
Montoya extends IndyCar points lead after Indianapolis 500.
May 24, 2015, 5:11 PM EDT
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May 24, 2015, 3:38 PM EDT
Montoya completes comeback and wins Indianapolis 500.
May 24, 2015, 3:30 PM EDT
For the first time since the 2013 Brazilian Grand Prix, Williams fails to score any points as Bottas and Massa struggle to P14 and P15.
May 24, 2015, 3:16 PM EDT
Big wreck in the final 25 laps.
May 24, 2015, 2:30 PM EDT
17-year-old crashes hard in the final stages of the Monaco Grand Prix on Sunday.
May 24, 2015, 2:28 PM EDT
Collision in the pits involves three Dale Coyne Racing cars.
May 24, 2015, 1:59 PM EDT
Castroneves leads at Lap 100, but Indy 500 thus far dominated by Dixon, Kanaan and Pagenaud.
May 24, 2015, 1:30 PM EDT
An error on the pit wall cost Hamilton a near-certain victory in Sunday’s Monaco Grand Prix.
May 24, 2015, 1:00 PM EDT
British driver gutted to lose the Monaco Grand Prix following an error by Mercedes on the pit wall.
May 24, 2015, 12:46 PM EDT
Karam and Daly – two of America’s young hopes – out of Indy 500, while Sato, Briscoe and Tagliani also have issues.
May 24, 2015, 12:30 PM EDT
Force India strikes back in Monaco with Perez finishing seventh.
May 24, 2015, 11:43 AM EDT
After running in third for the majority of the Monaco Grand Prix, Sebastian Vettel managed to move up to second place thanks to Mercedes’ error with Hamilton in the pits.
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