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Formula One: Ecclestone relieved at bribery trial deal

Published on Aug 6, 2014 3:31 AM

LONDON (AFP) - Bernie Ecclestone says he is relieved to be back running Formula One but feels “a bit of an idiot” after settling his bribery trial in Germany on Tuesday.

The 83-year-old F1 supremo was back at his desk in London hours after walking out of the court in Munich, his case brought to a premature end after the British billionaire arranged to make a US$100 million (S$125 million) payment.

In an interview with Britain’s Press Association he said: “The bottom line is it’s been three-and-a-half years of aggravation, travelling, meeting lawyers, and God knows what else, so it is good it is out of the way.

“This trial has been going on for two days a week and it was going to go on until October.

Formula One chief executive Bernie Ecclestone signs an autograph after leaving the courtroom at the regional court in Munich, southern Germany, on August 5, 2014. The court ruled that he may pay a US$100-million settlement to end his trial on bribery charges. -- PHOTO: AFP 
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