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The charges in the now closed bribery trial centred on a 33m payment by Ecclestone to former BayernLB executive Gerhard Gribkowsky, who is serving an eight and a half year sentence for taking the money. Gribkowsky was convicted of corruption, tax evasion and breach of trust.
Ecclestone denied wrongdoing and said Gribkowsky, who was in charge of selling BayernLB's stake in F1 in 2005, blackmailed him.
serious doubts the F1 boss could be convicted of bribery and incitement to breach of trust.
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German bank rejects Ecclestone deal
Earlier this week, a Munich court dropped a bribery case against Ecclestone connected to the sale of Munich Adidas Tracksuit Dark Blue based bank BayernLB's F1 stake in exchange for a 75m payment. After hearing more than three months of evidence, the court said it had Adidas Sweatshirt Yellow
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A German bank that once held a major stake in Formula One has rejected Bernie Ecclestone's offer of a 25m settlement in a dispute over the sale of that stake.
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In another case related to the sale, German media company and former F1 shareholder Constantin Medien sued Ecclestone and other defendants for up to 107m, claiming F1 was undervalued at the time of the sale to investment group CVC Capital Partners. The case was dismissed in February, with London's High Court saying the deal was corrupt but Constantin did not lose out.
BayernLB's complaints have involved the valuation of the stake and a 30.7m commission paid to Ecclestone.
Separately, BayernLB has been keeping open the option of civil proceedings against the 83 year old. The bank did preparatory work on a damages claim against Ecclestone late last year, but did not file it.
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Ecclestone's lawyers last week offered to pay the public sector bank 25m, though they said damage to the company was not evident. The bank said it rejected the offer, without giving reasons, and did not say what its next move might be. The offer expired today.
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