UK court to rule in 2014 on Ecclestone damages case


LONDON (Reuters) - A British judge will rule next year on a $100 million damages claim brought against Formula One boss Bernie Ecclestone over his involvement in the 2005 sale of a stake in the motor racing business.

German company Constantin Medien alleges that Ecclestone, 83, was part of a "corrupt bargain" with a German banker to undervalue Formula One and favour the sale of a controlling stake to private equity fund CVC - which had agreed to keep Ecclestone on as chief executive of the business.

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