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Ecclestone in the dock over 'corrupt bargain'

ESPN Staff
November 6, 2013 « Kvyat set for Super Licence test | Lowdon keen to keep Chilton »

Bernie Ecclestone has appeared at the High Court in London to defend himself over an alleged "corrupt payment".

Ecclestone is appearing as a witness in a case brought against him and three other defendants by Constantin Medien - the German media company which claims its shares in the Formula One Group were undervalued when they were sold in 2006. Constantin Medien is suing for up to $144 million.

The case opened last week and on the opening day Philip Marshall QC, representing Constantin Medien, accused Ecclestone of making a "corrupt bargain" with German banker Gerhard Gribkowsky during the sale as Ecclestone sought to retain a "position with Formula One going forward".

Wednesday marks Ecclestone's first appearance at the High Court for the case, and he is expected to be present for three days.