Bernie Eccelstone, Formula 1 Boss, Faces Bribery Trial In Germany

F1 Boss Eccelstone Faces Bribery Trial In Germany
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SINGAPORE - SEPTEMBER 19: F1 Supremo Bernie Ecclestone walks in the paddock during previews for the Singapore Formula One Grand Prix at Marina Bay Street Circuit on September 19, 2013 in Singapore, Singapore. (Photo by Mark Thompson/Getty Images)
Mark Thompson via Getty Images

Formula One boss Bernie Ecclestone will go on trial on bribery charges in Germany.

Ecclestone, 83, faces charges of incitement to breach of trust connected to the alleged payment of a $45 million bribe to a German banker.

The banker, Gerhard Gribkowsky, has already been convicted of taking the payment from Ecclestone in connection with the sale of a stake in F1. Ecclestone has insisted that he did "nothing illegal."

The Munich state court says dates for the trial haven't yet been set but proceedings are currently expected to start at the end of April.

UPDATE: The F1 parent company board has confirmed Ecclestone will temporarily step down as a director while retaining a day-to-day management role.

Vettel makes it four in a row
F1 Grand Prix of India - Race(01 of20)
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NOIDA, INDIA - OCTOBER 27: Sebastian Vettel of Germany and Infiniti Red Bull Racing crosses the finish line to win the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Ker Robertson/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(02 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel (C) of Germany and Infiniti Red Bull Racing celebrates with second placed Nico Rosberg (L) of Germany and Mercedes GP and third placed Romain Grosjean (R) of France and Lotus on the podium following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Ker Robertson/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(03 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates on the podium following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Paul Gilham/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(04 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates on the podium following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Paul Gilham/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(05 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates on the podium following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Paul Gilham/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(06 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates on the podium following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Paul Gilham/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(07 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates on the podium following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Paul Gilham/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(08 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates on the podium following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Paul Gilham/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(09 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates on the podium following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Paul Gilham/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(10 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates in front of the crowd on the main straight following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Paul Gilham/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(11 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates his fourth consecutive F1 World Championship following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Mark Thompson/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(12 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates his fourth consecutive F1 World Championship following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Mark Thompson/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(13 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates his fourth consecutive F1 World Championship following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Mark Thompson/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(14 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates on the podium following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Clive Mason/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(15 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates with team mates following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Paul Gilham/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(16 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates with Infiniti Red Bull Racing Chief Technical Officer Adrian Newey on the podium following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Clive Mason/Getty Images) (credit:Getty Images)
F1 Grand Prix of India - Race(17 of20)
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NOIDA, INDIA - OCTOBER 27: Race winner and 2013 Formula One World Champion Sebastian Vettel of Germany and Infiniti Red Bull Racing celebrates with team mates following the Indian Formula One Grand Prix at Buddh International Circuit on October 27, 2013 in Noida, India. (Photo by Paul Gilham/Getty Images) (credit:Getty Images)
AUTO-PRIX-IND-F1(18 of20)
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Red Bull driver Sebastian Vettel (L) of Germany sprays his father Norbert Vettel (centre L) as he celebrates with the Red Bull team after winning the Formula One Indian Grand Prix 2013 at the Buddh International circuit in Greater Noida, on the outskirts of New Delhi on October 27, 2013. AFP PHOTO/Indranil MUKHERJEE (Photo credit should read INDRANIL MUKHERJEE/AFP/Getty Images) (credit:Getty Images)
AUTO-PRIX-IND-F1(19 of20)
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Red Bull driver Sebastian Vettel of Germany celebrates with his teammates after winning the Formula One Indian Grand Prix and his fourth successive world title at the Buddh International circuit in Greater Noida on the outskirts of New Delhi on October 27, 2013. AFP PHOTO/MANAN VATSYAYANA (Photo credit should read MANAN VATSYAYANA/AFP/Getty Images) (credit:Getty Images)
AUTO-PRIX-IND-F1-PODIUM(20 of20)
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Red Bull driver Sebastian Vettel of Germany celebrates his victory with champagne with Lotus driver Romain Grosjean of France (C) on the podium after the Formula One Indian Grand Prix 2013 at the Buddh International circuit in Greater Noida on the outskirts of New Delhi October 27, 2013. AFP PHOTO/Prakash SINGH (Photo credit should read PRAKASH SINGH/AFP/Getty Images) (credit:Getty Images)