Bernie Ecclestone during his final day in court
A German court on Tuesday halted a bribery trial against Bernie Ecclestone in exchange for his paying a $100 million fee, under the terms of a settlement agreed by prosecutors and the chief executive of Formula One.
Such an agreement is possible in German law, depending on the charges. It means the 83-year-old Ecclestone preserves his innocence and is spared the prospect of a lengthy trial.
Judge Peter Noll told the court the suspicion of bribery against Ecclestone could not, by and large, be backed up in a trial. He gave Ecclestone one week to pay $100 million – $99 million to the state and $1 million to a children's charity.
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