VegasInsider.com
VI Mobile Scores and Betting OddsVI Mobile Scores and Betting Odds Be Social
Home
NFL
NBA
NHL
MLB
NCAA FB
NCAA BK
Golf
Auto
Horses
Soccer
Boxing/MMA
More
Betting Tools

 
Court: Ecclestone has made payment

MUNICH (AP) - A German court says Bernie Ecclestone has made the $100 million payment he agreed to last week, meaning the bribery case against the Formula One boss is formally closed.

Advertisement
The Munich state court on Aug. 5 approved an agreement between Ecclestone's lawyers and prosecutors to end the trial. It gave the 83-year-old Englishman a week to pay the money - $99 million of which goes to the state and the remaining $1 million to a German organization that helps terminally ill children.

The court said on Wednesday that the payment was made on time.

Ecclestone faced charges of bribery and incitement to breach of trust over a payment to a German banker in charge of selling a stake in F1 in 2005. Ecclestone denied wrongdoing.

Copyright 2017 by STATS LLC and Associated Press.
Any commercial use or distribution without the express written
consent of STATS LLC and Associated Press is strictly prohibited.

  
HEADLINES
Kurt Busch returns to SHR in 2018
Family can pursue claims against Stewart
Better reliability keys to Hamilton's title
Todt re-elected unopposed as president
2018 F1 calendar set, Brazil issue raised
Ferrari could quit F1 over changes
Sauber confirms seats for Leclerc, Ericsson
Truex honored as NASCAR's newest champ
Danica Patrick heads into a new phase
MORE HEADLINES
 
VegasInsider.com Gold Membership
  
corner graphic
With a VI Gold Membership, you can SAVE 10% off a Live Odds subscription, SAVE 20% off Daily Pick packages, and receive access to up to 1,000 Member Plays each month!
VI Gold Membership