Former Formula One boss Bernie Ecclestone will avoid jail time because of a technicality in Germany that allows defendants to end a trail for a fee.
The wildly wealthy and rarely liked F1 figure was forced to step down from his position with the sport after it came to light that he bribed a banker with $45 million to ensure that a company he favored would purchase a large stake in F1. Despite being officially forced to step down from his position, Ecclestone is running the sport from behind the scenes.
The bribed banker went to jail, but according to The Guardian, Ecclestone won’t suffer the same fate. Instead, he paid the court $100 million to end the trial. According to the paper, this isn’t the first time a wealthy offender paid to end a trial in the country, but it is the biggest fee ever paid to do so.
[Source: The Guardian]