News Details
Ecclestone settles court case with $100 million
Formula One's commercial rights holder, Bernie Ecclestone has come to an agreement to pay $100 million to terminate his bribery court case in Munich, Germany.
The 83-year old thereby definitively ends the court case against him, avoiding a jail sentence and enabling him to stay at the helm of Formula One Management. The German judge Peter Noll, in charge of the court case, accepted the settlement offer in accordance with Article 153a of German Criminal Law. On Tuesday the German prosecutors already ruled that this article was applicable in Ecclestone's case. The article also states that any such statement must be made available 'within a reasonable time', in this case one week. Ecclestone...
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10y ago from F1Technical.net
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