Formula 1's Ecclestone facing bribery charges in Germany


The Irish Times, 17 Jul 2013
Bernie Ecclestone’s hold on Formula One, as the sport’s chief executive, commercial rights holder and for almost four decades its most dominating personality, could be loosening with the news that he has been indicted by prosecutors in Germany investigating allegations of bribery.
Ecclestone, who will be 83 in October, confirmed the news on Wednesday when he said: “I have just spoken to my lawyers and they have received an indictment. It’s being translated into English.”
The news came as Ecclestone’s representatives attended a court hearing in London to fight claims that he had undersold the broadcast rights to F1 to CVC Capital Partners, the private equity company that has a controlling interest in the sport. Full story

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