Ecclestone wins but payment was corrupt, says UK judge

A UK judge has said Formula One boss Bernie Ecclestone “made a corrupt agreement” when paying a Bayern LB banker US$44 million to facilitate a 2005 sale of F1 shares. But the judge rejected German media group Constantin Medien’s US$140 million claim that the payment was part of a deal that purposely undervalued the group’s stake at the time.