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F1 boss Ecclestone pays to end trial

A German court has agreed to end the bribery trial of Formula 1 boss Bernie Ecclestone in exchange for a $100m (£60m) payment from him. Mr Ecclestone's offer was based on an existing provision in German law. Earlier on Tuesday German prosecutors accepted the offer from the 83-year-old billionaire who dominates motor racing. He went on trial in April, accused of paying a German banker 33m euros (£26m; $44m) to ensure that a company he favoured could buy a stake in F1. He denies wrongdoing. The ruling means he walks free from the district court in Munich and can continue running the sport. It also means Mr Ecclestone is found neither guilty nor innocent. His personal wealth is put at $4.2bn...
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8mo ago from BBC.co.uk 0
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