Deals
Ecclestone Charged in German Formula One Bribery Probe
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Bernie Ecclestone was charged by German prosecutors over his role in a bribery scheme in the 2005 sale of a Bayerische Landesbank stake in Formula One racing to CVC Capital Partners Ltd.
The chief executive officer of Formula One was charged with bribery and inciting another person to commit breach of trust, Margarete Noetzel, the spokeswoman for the Munich courts, said in an e-mailed statement today. The indictment was filed in May and had to be translated before being served to Ecclestone and his lawyer.