News Details
Ecclestone trial to begin in Germany
Formula 1 boss Bernie Ecclestone is set to appear at the start of a trial on bribery charges in Munich. He is accused of giving a $45m (£27.5m; 33m euros) bribe to a German banker to secure the sale of a stake in the F1 business for a company he favoured. Mr Ecclestone admits paying Gerhard Gribkowsky, who is serving a jail sentence for receiving the payment, but has denied any wrongdoing. He continues to run the F1 business on a day-to-day basis despite the charges. To alleviate his workload, however, Mr Ecclestone has stood down from a number of F1-related positions until the case concludes. 'Breach of trust' German prosecutors allege that he bribed Mr Gribkowsky, who was on the board of...
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