Ecclestone has legal bill of $6.6M after case win


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

LONDON (AP) — Formula One boss Bernie Ecclestone must pay lawyers' bills of about 4 million pounds ($6.6 million) despite winning his case relating to the grubby sale of the series in 2005.

In February, a judge at the London High Court dismissed the case but said it had nevertheless been a corrupt deal and questioned Ecclestone's honesty.

On Thursday, he concluded that Ecclestone would have to pay a price for giving "untruthful evidence" by picking up half of his legal bills, despite the "general rule" following trials that the loser picks up the winner's legal bills.

A former F1 shareholder, German media company Constantin Medien, sued Ecclestone and other defendants for up to $144 million, claiming F1 was undervalued at the time of the sale to investment group CVC Capital Partners.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent National Sports stories

Related topics

The Associated Press

    SPORTS NEWS STRAIGHT TO YOUR INBOX

    From first downs to buzzer beaters, get KSL.com’s top sports stories delivered to your inbox weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button