Court rejects Constantin appeal against Ecclestone ruling
- Published on 28 Mar 2014 14:25
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- By: Rob Veenstra
Justice Newey said if Constantin "wished to pursue the issue it would have to apply to the court of appeal," the Financial Times reported. Constantin's lawyer confirmed the company will indeed be "robustly pursuing its appeal", having lost the initial case surrounding the Gerhard Gribkowsky bribery affair.
Meanwhile, F1 business journalist Christian Sylt told us that Constantin was on Thursday also ordered to pay substantial legal costs -- $10 million of its own, $10m to the Bambino trust and $2.5m to former advisor Stephen Mullens. Ecclestone, however, was ordered by Justice Newey to pay half of his own whopping $13 million in legal costs as a result of having given "untruthful evidence" and being an "unreliable" witness. (GMM)
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