German prosecutors have indicted Formula 1 motor racing boss Bernie Ecclestone on a bribery charge.
The charge relates to a $44m (£29m) payment to German banker Gerhard Gribkowsky of Bayern Landesbank, linked to the sale of a stake in F1.
Mr Ecclestone denies bribing Gribkowsky, and says the money was intended to stop the banker from exposing him to a UK tax inquiry.
The charge relates to a $44m (£29m) payment to German banker Gerhard Gribkowsky of Bayern Landesbank, linked to the sale of a stake in F1.
Mr Ecclestone denies bribing Gribkowsky, and says the money was intended to stop the banker from exposing him to a UK tax inquiry.
Speaking to the Financial Times on Wednesday, Mr Ecclestone said: "I have just spoken to my lawyers and they have received an indictment. It's being translated into English."
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