AUGUST 22, 2014
Bank not closed to higher Ecclestone settlement
Bernie Ecclestone looks set for new settlement talks.
After he ended his criminal troubles in Germany recently with a controversial $100 million payment, the F1 supremo's legal troubles nonetheless went on when the Munich bank BayernLB rejected his EUR 25 million settlement offer.
But BayernLB chief executive Johannes-Joerg Riegler on Thursday admitted that if "the overall package is right, we wouldn't be closed to it (a settlement)".
However, having lost a recent civil suit also over the Gerhard Gribkowsky affair, another former shareholder, Constantin Medien, is also fighting on.
"Constantin will pursue every possible legal remedy it has, both in the UK and in Germany, against those responsible for the losses it sustained," lawyer Keith Oliver told the Guardian.
But with the trial that could have seen him sacked and jailed definitively over, 83-year-old Ecclestone's mind is firmly back on formula one.
He is busy putting together the sport's 2015 calendar, which will not feature the return of an Indian grand prix.
"We are looking at 2016 now and hopefully the tax issues in India will also be sorted out by then," Ecclestone told the Indian news agency PTI on Thursday.
|Print News Story|
FRIDAY PRESS CONFERENCE
FRIDAY TEAM QUOTES
PRACTICE 2 RESULTS
PRACTICE 1 REPORT - MERC-SPA-DES
PRACTICE 1 RESULTS
MARUSSIA HITS REVERSE ON CHILTON SEAT SWAP
ALONSO REVEALS INTENTION TO STAY AT FERRARI
HAMILTON, ROSBERG DISAGREE OVER NEED FOR TALKS
DRIVERS BACK TEEN ROOKIE VERSTAPPEN
LOTUS CLOSE TO MERCEDES ENGINE DEAL SAYS WOLFF
VETTEL CLOSE TO TAKING SIXTH-ENGINE GRID PENALTY
LOTTERER NOT DREAMING ABOUT PERMANENT F1 SWITCH
VERGNE ON QUEST FOR NEW F1 TEAM
BANK NOT CLOSED TO HIGHER ECCLESTONE SETTLEMENT