MUNICH, Germany (Reuters) - Formula One boss Bernie Ecclestone denied bribery charges on Thursday at the start of a trial in Germany that threatens to break his decades-long dominance of motor racing.
Prosecutors accuse the 83-year-old Briton of bribing banker Gerhard Gribkowsky by channelling $44 million (26 million pounds) to him in return for smoothing the sale of a stake in Formula One to private equity firm CVC eight years ago.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!