Oct 30, 2013, 9:00 AM EDT
Bernie Ecclestone is standing trial accused of arranging a sale of Formula One in 2005 which was below its market value in order to retain his control of the sport.
Constantin Medien, formerly a stakeholder in F1, has brought the case alleging Ecclestone’s $820m sale to CVC Capital Partners undervalued the property, losing them money. The German media company is seeking over $100m in damages.
Ecclestone, who did not attend the first day of proceedings in London’s High Court yesterday, refutes the charges. He has already been indicted in Germany for paying $44m to jailed banker Gerhard Gribkowsky.
Constantin Medien’s lawyers argued the indictment showed Ecclestone had participated in a “corrupt bargain” but Mr Justice Newey said it was “hard to see about how the indictment can play any role in these proceedings”.
While Ecclestone remains embroiled in legal deliberations in Germany another front in his contests with the courts has opened in Switzerland. An investigation will probe the nature of Ecclestone’s payment to Gribkowsky to judge whether it violated Swiss law.
The cases are being closely watched to see what details of Formula One’s clandestine and labyrinthine finances are revealed, and whether Ecclestone’s position as chief executive officer of Formula One Group is placed in jeopardy. He has previously admitted CVC would “probably have to get rid of me” if he were convicted.
Aug 27, 2014, 11:03 PM EDT
It’s pretty simple and straight-forward what Jamie McMurray must do in the next two races if he has any hope of making this year’s expanded 16-driver field for the Chase for the Sprint Cup.
Aug 27, 2014, 6:19 PM EDT
On Wednesday’s edition of NASCAR America, Jeff Burton spoke with Rick Allen and Frank Stoddard about the spectacle of racing at Bristol and just how difficult Joey Logano’s victory at the half-mile oval was.
Aug 27, 2014, 6:11 PM EDT
NASCAR driver jeff Burton says there has been no word yet from Tony Stewart on whether the latter will return to the No. 14 Stewart-Haas Racing Chevrolet this weekend at Atlanta after missing the last three races due to the Kevin Ward Jr. tragedy, but it could be a last-minute decision.
Aug 27, 2014, 5:00 PM EDT
The NASCAR Camping World Truck Series’ Turner Scott Motorsports team was reportedly set to close; however, that appears to have changed.
WATCH LIVE: NASCAR AMERICA at 5 pm ET — Burton on replacing Stewart, Logano’s Bristol win, Atlanta look ahead
Aug 27, 2014, 4:11 PM EDT
Wednesday’s edition of NASCAR America will be chock full of looking back at Saturday’s race at Bristol, as well as starting our lookahead over the next three days for this Sunday’s night race at Atlanta.
Aug 27, 2014, 4:00 PM EDT
IndyCar will formally confirm the addition of New Orleans to its 2015 schedule later Wednesday.
Aug 27, 2014, 3:00 PM EDT
NASCAR Trucks race at Canadian Tire Motorsport Park this weekend. Will they be able to match up with the 2013 edition?
Aug 27, 2014, 2:30 PM EDT
Skeleton Bronze medalist Matt Antoine goes for two-seater ride with Arie Luyendyk in Milwaukee.
Aug 27, 2014, 1:45 PM EDT
Scott Hargrove looks to secure Porsche GT3 Canada title while his season-long rival in both Porsche and Pro Mazda, Spencer Pigot, looks to play spoiler.
Aug 27, 2014, 1:00 PM EDT
Jeff Gordon will make his 750th Sprint Cup start at Atlanta this weekend, the site of his first in 1992, and also the site of another record he’ll hit next year.
Aug 27, 2014, 12:30 PM EDT
Sebastian Vettel’s getting a new chassis for Monza, and a new engineer for 2015 at Red Bull.
Aug 27, 2014, 11:51 AM EDT
With Fontana this weekend, we take a look back at Gil de Ferran’s closed course speed record in 2000.
Aug 27, 2014, 11:24 AM EDT
Promotional poster for the COTA FIA WEC event features some rather bizarre car choices to promote the race.
Aug 27, 2014, 1:23 AM EDT
MotorSportsTalk sorts out fact from fiction regarding the yet-to-be-revealed 2015 Verizon IndyCar Series schedule, based on hints from today’s NASCAR schedule release.
Aug 26, 2014, 10:41 PM EDT
NASCAR star Kevin Harvick has never been afraid to speak his mind. But the Tony Stewart/Kevin Ward Jr. tragedy has caused him to be more judicious in what he says and also “frustrated” at how the media has dealt with the entire incident.
Aug 26, 2014, 8:51 PM EDT
The long-awaited release of the 2015 NASCAR Sprint Cup schedule was much less of the surprise many expected. And there’s absolutely nothing wrong with that.
Aug 26, 2014, 8:00 PM EDT
Brad Keselowski won his first Camping World Truck Series race last Thursday at Bristol, but his and two other teams have been dinged by NASCAR after their Trucks failed post-race height requirements.
Aug 26, 2014, 7:06 PM EDT
Steve O’Donnell, NASCAR’s executive vice president of racing operations, explains the factors that influence how the final racing schedule is created.
Aug 26, 2014, 6:21 PM EDT
The NASCAR AMERICA crew make their initial observations of the 2015 Sprint Cup docket (Hint: They’re really happy about Darlington returning to Labor Day weekend).
Aug 26, 2014, 5:01 PM EDT
NBC Sports Group begins its 2015 NASCAR race coverage on July 4th (Nationwide) and 5th (Sprint Cup) from Daytona International Speedway.
Video from NASCAR America
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- Like a good stew, 2015 Sprint Cup schedule and new Chase format need time to simmer for best taste 1
- NASCAR AMERICA: How did the 2015 schedule come together? (VIDEO) 0
- NASCAR announces 2015 Sprint Cup, Nationwide, and Truck Series schedules (VIDEO) 4
- FIA won’t punish Nico Rosberg after Belgian GP incident with Lewis Hamilton 14
- Will Power once again in position for IndyCar title – but this time feels different 1