News Details
Ecclestone goes sailing after $100m settlement
Bernie Ecclestone's yacht Petara
Formula 1 supremo Bernie Ecclestone's bribery trial and charges have been officially dropped, after he lodged his headline grabbing $100 million settlement with Munich authorities, and he promptly set sail for a holiday.
After the deal was announced recently, the 83-year-old Briton had one week to actually pay the funds – $99 million to the Bavarian state, and $1 million to a German children's charity.
'After the payment of the agreed amount to the recipients, the court ceased criminal proceedings', Munich spokeswoman Margarete Notzel confirmed to the German news agency DPA.
Ecclestone is celebrating the end of proceedings by holidaying aboard his...
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11y ago from GrandPrix247.com
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