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Ecclestone to stand trial
A court in Germany has announced that F1 supremo Bernie Ecclestone will stand trial on bribery charges this spring.The 83-year-old has been indicted by Munich's state court on charges of bribery and incitement to breach of trust. They are connected to the alleged payment of a $44 million bribe to German banker Gerhard Gribkowsky.
A court statement said that dates for the trial have not yet been set but proceedings are currently expected to start at the end of April.
Gribkowsky was formerly Chief Risk Officer at state-owned bank BayernLB, which owned a 47.2 per cent stake in Formula 1's commercial rights.
The stake was sold to CVC Capital Partners for $820 million in 2005-2006, although it...
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11y ago from SkySports.com
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