Ecclestone wins case

Formula 1 boss Bernie Ecclestone has won a $144 million damages case against German media company Constantin Medien over the sale of F1 shares in 2005. A judge at the London High Court, however, said the deal was “corrupt”.

The London HC ruled on Thursday that Constantin Medien did not lose out in the deal but Ecclestone did bribe the now jailed German banker Gerhard Gribkowsky for facilitating the sale with a buyer of the 83-year-old’s choice. Ecclestone is also facing a trial in Germany over bribery charges, the BBC reported.

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