Post MrE

[xpensive]

Rumor has it that the France family is buying F1 lock stock and barrel

[Just_a_fan]

Who are "the France family"?

[Emerson.F]

Yes source please.. Jeesh

[lebesset]

rich but not that rich , nascar is not what it was either

[MOWOG]

the France family is buying F1 lock stock and barrel

Ah. So that explains the Gene Haas boondoggle, I guess.

Formula One will be a lot more interesting with push rod V-8 engines and carburetors. Maybe restrictor plates for Monza and Suzuka?

[Pebblestone]

If anything... it could just be Bernie Ecclestone selling to Bernard Ecclestone to avoid a UK tax dodge scandal

[astracrazy]

It seems at the moment the BBC have it in for him (judging by the Panorama program the other day which was very biased). Maybe some form of payback over the whole tv deal thing. For example they kept referring to the Constantin court case, but not once did they mention he actually won that.

Its interesting over this whole tax dodge thing, because HMRC investigated him over a number of years and agreed a settlement of £10M.

[beelsebob]

It seems at the moment the BBC have it in for him (judging by the Panorama program the other day which was very biased). Maybe some form of payback over the whole tv deal thing. For example they kept referring to the Constantin court case, but not once did they mention he actually won that.

Its interesting over this whole tax dodge thing, because HMRC investigated him over a number of years and agreed a settlement of £10M.

Of note, at that court case the judge did assert that they were absolutely certain that Bernie had payed a bribe. He didn't so much prove that he was innocent, instead, his opposition couldn't prove that they actually lost anything because of his guilt.

[astracrazy]

It seems at the moment the BBC have it in for him (judging by the Panorama program the other day which was very biased). Maybe some form of payback over the whole tv deal thing. For example they kept referring to the Constantin court case, but not once did they mention he actually won that.

Its interesting over this whole tax dodge thing, because HMRC investigated him over a number of years and agreed a settlement of £10M.

Of note, at that court case the judge did assert that they were absolutely certain that Bernie had payed a bribe. He didn't so much prove that he was innocent, instead, his opposition couldn't prove that they actually lost anything because of his guilt.

ye i know what your saying, i was just using that as an example of things not mentioned. The actual program used some unrealistic scenarios to put him in a negative light.

[MOWOG]

Courts do not find people to be innocent. They find them "not guilty". There is a world of difference between the two.

[Richard]

Actually civil courts weigh up probabilities and give narrative judgements. As I recall the court did find for the plaintiff on just about every matter of what happened, but they found the plaintiff failed to prove financial loss. As opposed to the criminal courts binary system of guilt or not.

[MOWOG]

I was of course referring to criminal courts. The words "innocent" and "not guilty" are irrelevant in civil proceedings.

[Richard]

I think it's testament to Bernie's ingenuity that even though the deal was declared to be corrupt and he was found to be a deceptive witness who lied in court, the money trail was too complex to establish any losses.

[lebesset]

I think it's testament to Bernie's ingenuity that even though the deal was declared to be corrupt and he was found to be a deceptive witness who lied in court, the money trail was too complex to establish any losses.

I think bernie missed his calling in life
if he had been in the finance industry he would have made some SERIOUS money

[astracrazy]

what more than the billions he has now? The trust fund alone earns £10M every few weeks in interest alone. To put his current earnings in perspective - he reckons he pays about £50M a year in tax.

You have to give him credit, HMRC investigated him for 9 years and couldn't put anything on him apart from agreeing to a £10M settlement. Look above what I wrote about interest to see thats nothing to him