Ecclestone Seeks Settlement fo End Trial
Lawyer Sven Thomas (L) talks to his client Bernie Ecclestone, the head of Formula One racing, as he arrives in court to face charges of bribery on August 5, 2014 in Munich, Germany. Ecclestone is reportedly seeking a deal with prosecutors that would spare him from jail time in exchange for payments of a USD 100 million fine and EUR 25 million to to bank BayernLB. German prosecutors say they would accept an offer of $100m (£60m) from Formula 1 chief Bernie Ecclestone to end his trial on bribery charges. The Munich state court is expected to agree to the offer later on Tuesday. Ecclestone was accused of bribing a BayernLB employee in connection with the sale of a portion of Formula One.