A German court has dropped the bribery case against Bernie Ecclestone in exchange for a US $100m payment from the Formula One chief.

Formula One supremo Bernie Ecclestone will discover later on Tuesday whether a settlement offer to end his bribery trial has been accepted.

Bernie Ecclestone has revealed he has held talks that could see him buy back Formula One.

A banker has told a German court that he accepted a multimillion-euro bribe from Formula One boss Bernie Ecclestone to facilitate a business deal.

Formula One boss Bernie Ecclestone has rejected accusations of bribery as he went on trial in a case that could threaten his grip on the sport.

Formula One motor sport boss Bernie Ecclestone has won a multimillion-pound High Court fight in the UK with a German media company.

Bernie Ecclestone is to step down as a director of Formula One’s holding company until court proceedings against the billionaire businessman are concluded.

Plans for a stock market flotation of Formula One motor racing remain stalled, its top shareholder said yesterday, as F1’s chief executive Bernie Ecclestone faces legal action that could break his long grip on the sport.

Formula One boss Bernie Ecclestone told a British High Court judge yesterday that he did not make threats.

Motorsport boss Bernie Ecclestone appeared at a High Court trial in London today to deny allegations that he made a ”corrupt bargain” to stay at the top of Formula 1 racing.

Red Bull team principal Christian Horner has described Formula One as being “unimaginable” without Bernie Ecclestone.

Formula 1 supremo Bernie Ecclestone has made billions out of the sport, but now faces the greatest test of his life off the racing circuit after his indictment this week over bribery allegations, reports Kyran FitzGerald

Formula One boss Bernie Ecclestone has been charged by German prosecutors for alleged bribery in connection with the sale of a stake in the global racing series.

A German banker has been jailed for eight years for taking a £28m bribe in connection with the sale of his bank’s stake in the Formula One racing series.

Formula One supremo Bernie Ecclestone today reiterated the sale of the sport that has led to legal cases on two different fronts was above board.

Formula One supremo Bernie Ecclestone has spoken to state prosecutors in Germany investigating alleged illegal payments to a former German bank executive.

A FORMER bank executive has been arrested in Germany for allegedly accepting a €38 million bribe in the 2006 sale of a stake in the Formula One’s rights holding company.

A former bank executive has been arrested in Germany for allegedly accepting a $50m bribe in the 2006 sale of a stake in the Formula One’s rights holding company.

Gerhard Gribkowsky, chairman of the group who own Formula One, has backed Bernie Ecclestone to unite the sport despite threats of a breakaway championship.

A GROUP of three banks has wrested control over the companies controlling Formula One’s commercial rights from supremo Bernie Ecclestone, the German state bank BayernLB said.