MUNICH, Germany (Reuters) - Formula One Chief Executive Bernie Ecclestone has been charged with bribing a German banker to smooth the sale of a stake in the motor racing business to private equity firm CVC eight years ago.
Ecclestone, 82, has denied wrongdoing and will fight to clear his name. The case could mean a further delay to tentative plans to float Formula One on the stock market in Singapore and will revive speculation about an eventual successor to the man who turned the sport into a major global business.
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