Ecclestone trial halted after F1 boss agrees to $100 million settlement


Formula One Chief Executive Bernie Ecclestone talks with hislawyer Sven Thomas (L) before the continuation of his trial at the regional court in Munich August 5, 2014. REUTERS/Michael Dalder

MUNICH Germany (Reuters) - A German court on Tuesday halted a bribery trial against Bernie Ecclestone in exchange for his paying a $100 million (74.70 million pounds) fee, under the terms of a settlement agreed by prosecutors and the chief executive of Formula One.

Such an agreement is possible in German law, depending on the charges. It means the 83-year-old Ecclestone preserves his innocence and is spared the prospect of a lengthy trial.

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