News Details
Ecclestone trial comes to an end after $100m payment
Bernie Ecclestone's second bribery trial has come to an end today after the F1 supremo made a $100m payment, as allowed by the German legal system, to curtail proceedings.
Ecclestone was accused of paying a $44m bribe to German banker Gerhard Gribkowsky to influence the sale of Formula 1 back in 2005. The prosecution claimed that this payment ensured that the sport went to a buyer of Ecclestone's liking, thus undervaluing the sport. However, this case was thrown out in the High Court back in February.
The case in Germany was thought to be Ecclestone's biggest challenge, with F1 owners CVC confirming that they would not keep him in charge of the sport if he was found guilty, even if he...
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9y ago from RichlandF1.com
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