Menu
Finance

Former Finance Minister Ingolf Deubel Charged With Embezzlement Over Nurburgring Fiasco

The Koblenz County Court "agreed to charge former Rhineland-Palatinate Finance Minister Ingolf Deubel and five other managers for embezzlement" in connection with the financial fiasco at Germany's Nurburgring race track, according to the DPA. The trial is expected to begin on Oct. 16. Koblenz prosecutors already "indicted Deuble with embezzlement in February." He was "allegedly responsible for damages in the six-digit euro range and endangering tax-payer money in the eight-digit range." Deubel "denied the accusations back in February." In addition, the prosecution also accuses former Nurburgring Exec Dir Walter Kafitz of embezzlement and former Federal Accountant Hans-Joachim Metternich of aiding and abetting embezzlement. Overall, a total of six men have been charged with embezzlement or aiding and abetting embezzlement (DPA, 8/13).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2012/08/16/Finance/Nurburgring.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2012/08/16/Finance/Nurburgring.aspx

CLOSE