Thursday 30 October 2014

Talks to end Ecclestone trial

Published 29/07/2014 | 15:24

Formula One boss Bernie Ecclestone arrives for his trial in Munich (AP)

Prosecutors and lawyers for Bernie Ecclestone are in talks about a possible deal to end the Formula One boss' bribery trial, a German court has said.

The 83-year-old went on trial in Munich in April, charged with bribery and incitement to breach of trust.

The charges involve a 44 million US dollars (£26 million) payment to banker Gerhard Gribkowsky, who is serving an eight-and-a-half year sentence for taking the money.

Ecclestone says Gribkowsky blackmailed him.

His defence team called for proceedings to be closed, citing a lack of evidence that Ecclestone was criminally responsible.

They said damage to BayernLB, on whose behalf Gribkowsky was selling a stake in F1, was not evident but offered to pay the bank 25 million euro (£19.8 million) , a news agency reported.

The Munich state court says it's unclear how long talks between the two sides will take.

Press Association

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