Gerard Lopez has lashed back at reports suggesting Lotus team owner Genii is in dire financial health.
Tag Archive: Independent
Bernie Ecclestone is going straight back to work after agreeing a $100 million deal to end his bribery trial in Munich.
Amid high controversy and suggestions F1′s major stakeholders and his employer CVC might not be happy with Tuesday’s news, it was confirmed that the outcome of the court proceedings is that the 83-year-old is a “free man”.
Bernie Ecclestone says he offered to pay more than $40 million to stop the Gerhard Gribkowsky bribery affair.
Writing in the Independent newspaper, F1 business journalist Christian Sylt said the money Ecclestone used to pay the jailed banker was funded by his commission for the sale of BayernLB’s commercial rights.
Azerbaijan is taking Korea’s full-time place on the F1 calendar, Bernie Ecclestone has confirmed.
It is expected a city street race in the capital Baku starting in 2015 will be announced later this month. F1 chief executive Ecclestone this week indicated the oil-rich former Soviet race is taking the place on the calendar formerly occupied by South Korea, where a race at unpopular Yeongam was last held in 2013.