Formula One boss Bernie Ecclestone ushered team managers into his trailer at the Indianapolis Motor Speedway. Nearby, mechanics tended to an array of million-dollar racing cars.
Formula One Chief Executive Officer Bernie Ecclestone attacked prosecutors’ case on the first day of his Munich bribery trial as the 83-year-old fights to keep control of the motor-racing series.
Bernie Ecclestone, the chief executive officer of Formula One, agreed to pay $45 million as a reward to facilitate the sale of a stake in the racing series to CVC Capital Partners Ltd., a key witness testified.
After 19 years in the driver’s seat of Formula One, a bribery trial in Munich may be the start of Bernie Ecclestone’s final lap running the racing series.
"Thank you very much, I will honor my commitments."
- Bernie Ecclestone on Aug 05, 2014