Bernie Ecclestone indicted by German prosecutors for alleged bribery

Bernie Ecclestone
© PA Photos
Bernie Ecclestone says that he has been indicted by German prosecutors for alleged bribery.

Formula 1 chief Bernie Ecclestone has revealed that he has been indicted by German prosecutors for allegedly committing bribery.

The 82-year-old has been under investigation following the conviction of a German banker, who took an illegal payment in 2006 thought to be worth around £28.9m within a sale of an F1 stake.

Ecclestone has defended his position in the investigation by telling a court in Munich that he felt pressured into making the payment because he was concerned that he would be reported to the British tax authorities.

He has insisted that he has not committed an illegal act.

Nico Rosberg of Germany and Mercedes GP leads Sebastian Vettel of Germany and Ferrari and Lewis Hamilton of Great Britain and Mercedes GP into the first corner during the Spanish Formula One Grand Prix at Circuit de Catalunya on May 10, 2015
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