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04/24/14 07:51:00

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04/24 02:50 CDT F1 boss Bernie Ecclestone goes on trial in Germany F1 boss Bernie Ecclestone goes on trial in Germany MUNICH (AP) --- The trial of Formula One boss Bernie Ecclestone on bribery charges has begun, in a case that could threaten the 83-year-old's grip on the sport. Ecclestone talked with his lawyers and smiled as he took his place Thursday at the Munich state court. He's accused of bribery and incitement to breach of trust, and could face up to 10 years in prison if convicted. The charges involve a $44 million payment to banker Gerhard Gribkowsky, who's serving an 8- year sentence for taking the money. Prosecutors allege the payment was meant to facilitate the sale of German bank Bayern LB's stake in Formula One to a buyer of Ecclestone's liking. Ecclestone has denied wrongdoing and said he was "shaken down."
 
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