F1 boss Ecclestone charged in bribery case

Updated: July 17, 2013, 6:43 PM ET
Associated Press

LONDON -- Formula One boss Bernie Ecclestone has been charged by German prosecutors with paying a $44 million bribe, placing his future as head of the motor sport series in doubt.

The 82-year-old British billionaire has been under investigation since a German banker was convicted of taking the payment from him in connection with the sale of a stake in F1.

The Munich state court said Ecclestone has until mid-August to respond to charges of bribery and incitement to breach of trust ...

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