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Ecclestone's bribery trial ends with $100 million payment

A German court on Tuesday dropped the bribery case against Bernie Ecclestone after the Formula One chief agreed to make a $100 million payment, ending a trial that lasted more than three months. The Munich state court announced its decision to drop proceedings against the 83-year-old Ecclestone hours after prosecutors agreed to the move. Ecclestone is now free to concentrate on running the global racing series. 'There was no conclusion on guilt or innocence of the defendant,' court spokeswoman Andrea Titz said. 'He is leaving this courtroom a free man.' The charges involved a $44 million payment to German banker Gerhard Gribkowsky, who is serving an eight and a half year sentence for...
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11y ago from F1Pulse.com 0
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