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    Report: Ecclestone headed for $100M settlement in F1 bribery trial
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    Formula One bigwig Bernie Ecclestone has opened his wallet to finally put an end to his trial for alleged bribery in Germany. According to Britain's The Telegraph citing the Süddeutsche Zeitung, the controversial racing magnate offered a 60 million pound- ($100 million-) settlement to put ...

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    Report: Embattled Ecclestone no longer trying to buy Nürburgring
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    The nearly year-long process to sell the Nürburgring has reportedly entered its final phases, with the historic track's liquidators closing bids on the track on February 17, according to the Rhein Zeitung newspaper. Interestingly, Formula One boss Bernie Ecclestone is rumored not to be among ...

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    Report: Bernie Ecclestone steps down from board of F1, will face bribery trial in Germany
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    Bernie Ecclestone has officially stepped down from his position on the board of directors of the Formula One empire, following an announcement that he faces a trial in a German court for bribery. According to a report from Autoweek, Ecclestone will retain his day-to-day responsibilities within ...

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    Report: Tamara Ecclestone's Lamborghini has gone missing
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    A Lamborghini Aventador owned by socialite Tamara Ecclestone has disappeared from a garage in London where it was being serviced. The daughter of billionaire Formula One CEO Bernie Ecclestone reportedly purchased the car a couple of years ago from a dealer named Ziad Shawadi when she was dating ...

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    Report: Ecclestone wonders if F1's upcoming turbo V6s should get augmented sound [w/videos]
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    While every team on the Formula One grid is worried about making a good showing in this year's championship at the same time as they develop a brand-new car for next year's championship, Bernie Ecclestone and F1 circuit promoters have a different concern: how next year's cars will sound. The ...

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    Report: Ecclestone seeking many more US races for F1?
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    Bernie Ecclestone is reportedly interested in adding more American Formula One races to the sport's schedule. The CEO was quoted as saying "America is about as big as Europe. So we should have the same number of races [in each]." Since next season will see a total of seven events on European ...

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    Report: Ecclestone pushing to dump Formula 1 turbo V6 plans
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    Formula One boss Bernie Ecclestone is unhappy with his series' proposed engine change. SPEED is reporting that Ecclestone believes the introduction of the turbocharged V6 mill should be postponed or even dropped altogether. While one may think the leading concern for the Ecclestone are the ...

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    Report: Ecclestone claims contract torn up for Grand Prix of America
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    Another day, another drama with Bernie Ecclestone at the center. This time, it appears that the the Formula One CEO and the series' top brass have "torn up" the contract for New Jersey's Grand Prix of America. In a new report from The Guardian, Ecclestone claims that the race's organizers have ...

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    Report: German state to float $312M loan guarantee for Nürburgring
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    The government of the German state of Rhineland-Palatinate is set to make hundreds of million of euros available to the Nürburgring. This will guarantee that a loan be partially paid, making it possible for the Nürburgring to continue to operate. According to Germany's Deutsche ...

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    Report: Ecclestone may buy Nürburgring outright
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    Bernie Ecclestone was apparently quite serious when he said he would "do everything" to save the troubled Nürburgring. In fact, according to a new report from Bloomberg Businessweek, the megalomaniacal Formula One boss might just buy the track outright. That'd certainly be a quick answer to ...

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    Report: Ecclestone may face 10-year sentence over F1 bribery charges
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    Formula One CEO Bernie Ecclestone should expect Germany to file charges against the executive over his alleged bribery of former banker Gerhard Gribkowsky. That's according to Autoweek, which notes Gribkowsky oversaw the sale of BayernLB's stake in the racing series back in 2006 to CVC Capital ...

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    Report: Bernie Ecclestone facing legal scuffle after ex-banker admits accepting bribes
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    The BBC reports a former banker has testified to receiving $44 million in bribes from Formula One CEO Bernie Ecclestone. Gerhard Gribkowsky, the former deputy chief of regional bank Bayern Landesbank, testified in exchanged for a reduced sentence in the case against him. Gribkowsky faced up to 15 ...

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    Report: CVC sells off 21 percent of Formula One
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    It may be a while before Bernie Ecclestone is successful in his plans to float Formula One on the Singapore Stock Exchange, but that doesn't mean that he and his employers at CVC Capital Partners can't begin selling off chunks of their business. Out of a valuation of $9.1 billion, CVC sold off ...

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    Motorsports: Yellow-Flagged: Formula One's French Grand Prix and IPO potentially on hold
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    It is exceptionally rare for Bernie Ecclestone to be shown the yellow flag when it comes to his Formula One business dealings, but that's what happened with two of his projects. A month ago, Ecclestone agreed to terms with France's sports minister David Douillet to reinstate the French Grand Prix ...

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    Report: Ecclestone mulling tennis-style Grand Slam races for F1
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    Ever get the feeling that not every grand prix on the Formula One calendar should be worth as much as every other? Aside from the bragging points that go with winning a race like, say, the Monaco Grand Prix, maybe the most prominent races should be worth more championship points, too? So says ...

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    Report: F1 race in New Jersey could be postponed
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    After years of doing without a grand prix in the United States altogether, Formula One is gearing up to return to these shores in a big way. The United States Grand Prix is set to take place later this year at the newly constructed Circuit of the Americas in Austin, Texas. And next year, the ...

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    Report: CVC gearing up to sell 20% of Formula One with $2B Singapore IPO
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    Formula One has many homes: the Formula One Management company that controls its commercial aspects is based in London, the FIA that governs its sporting aspects is based in Paris, and you'd certainly have a point to make if you asserted its spiritual home was in Monaco. But none of these places ...

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    Report: Demonstrations in Bahrain take fatal turn, spur F1 protests *UPDATE
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    Protesters in Bahrain continue to push for democratic reforms in the country, and police have stepped up a brutal crackdown ahead of the upcoming Formula One Bahrain Grand Prix. Last year, unrest forced F1 to cancel the race, but Bernie Ecclestone, president and CEO of the series, has said that ...

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    Report: Mercedes ponders exiting F1 racing over commercial deal
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    Formula One may, to outsiders, seem like a monolith, but it is in fact a gathering of rather disparate parties. There's the FIA which governs the series from a sporting standpoint, there's the collective of teams competing in the series, and Formula One Management, the company that holds the ...

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    Report: Last-minute deal saves 2012 United States Grand Prix in Austin
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    Everything is bigger in Texas. So it's appropriate that the hubbub surrounding the imminent return of the United States Grand Prix to the Lonestar State should come down to a big last-minute deal. As you may recall, Formula One was set to come to Austin next year at a new track complex currently ...

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