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Formula One’s Bernie Ecclestone to pay $100m to end bribery trial 

Formula One supremo, Bernie Ecclestone, has agreed to pay $100 million (£60m) to buy his way out of his bribery trial. 

The 83-year-old billionaire, who would have been jailed for ten years if found guilty, has walked free from the district court in Munich; he was neither found guilty nor innocent, after the court agreed to end the trial. 

He went on trial in April this year, after he was accused of paying a German banker $44 million (£26m) to ensure that a company he favoured could buy a stake in the sport. 

 

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