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Ecclestone trial likely to run through July

May 14, 2014

MUNICH (AP) — A German banker allegedly bribed by Bernie Ecclestone has to return to a Munich court to give more testimony — meaning the Formula One boss’s corruption trial should run through at least the end of July.

Ecclestone maintains Gerhard Gribkowsky blackmailed him into a $44 million payment, but the banker told the court over three days of testimony the money was a bribe.

Prosecutors say Gribkowsky, who’s been convicted of taking the money, agreed in exchange to facilitate the sale of Munich-based bank Bayern LB’s 47 percent stake in F1 to a buyer of Ecclestone’s liking.

Following the end of his testimony Wednesday, Presiding Judge Peter Noll said he had “the feeling the defense has more questions,” and asked Gribkowsky return to court July 30, the dpa news agency reported.

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