Ecclestone wins damages court case

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A High Court case involving the sale of Formula One has seen the judge, Justice Guy Newey, dismiss charges of an £85 million damages claim against Bernie Ecclestone. However, the court did still say the deal was corrupt.

Ecclestone was involved in the sale of F1 to CVC Capital Partners in 2005, and the issue at hand was whether the sale was “undervalued.” It was a claim made by lawyers for the German media group Constantin Medien, who argued the sale was agreed “without the normal and proper process” and for an undervalued price. They also sought the damages amount (£85m; 103m euros) in compensation, per the BBC.

Newey said the deal was corrupt and hadn’t found Ecclestone, 83, “reliable or truthful,” but did say Constantin Medien had not suffered a financial loss as a result.

The other major pending legal issue facing Ecclestone is the bribery charge, for an alleged bribe to German banker Gerhard Gribkowsky. That trial begins in April.

On an unrelated note but one also related to Ecclestone, he has denied that Sainsbury’s departing CEO, Justin King, will replace him in running F1, in a story written by The Guardian’s Christian Sylt.

King is a known motor racing fan, but per the story, his primary focus is on furthering son Justin King’s career. The younger King reigned as champion of British Formula 3 in 2013.

Video highlights from Stage 12 of Dakar Rally, 2 stages remain

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Thursday’s Stage 12 of the 40th Dakar Rally not only closed the overall standings gap in at least two classes (cars and trucks), two other classes (bikes and quads) failed to get going due to weather conditions.

The full video highlights of Stage 12 will air on NBCSN on Friday at 7 pm ET, but here are some of the highlights from Thursday’s action:

CARS

2018 Dakar Rally: Nasser Al-Attiyah wins Stage 12 of cars

BIKES

 Stage 12 cancelled due to weather conditions

 

TRUCKS

Ton van Genugten edged out Martin Kolomy in Stage of, while Federico Villagra and Eduard Nikolaev both faced an uphill battle to finish fourth and third respectively.

QUADS

Even though the Quads were also impacted by weather issues on Thursday, Ignacio Casale, the 2014 Dakar winner, continues to make his case for a second overall victory in the quads.