classic33
Leg End Member
Bernie Ecclestone has stepped down from the board of the company which runs Formula 1 following his indictment on bribery charges in Germany.
But the 83-year-old will continue to run the business on a day-to-day basis, Delta Topco said in a statement.
Ecclestone will go on trial to face allegations he bribed a German banker who is serving a jail sentence for receiving the payment.
He admits paying Gerhard Gribkowsky, but denies bribery.
His stepping down means he can no longer approve and sign significant contracts.
But the 83-year-old will continue to run the business on a day-to-day basis, Delta Topco said in a statement.
Ecclestone will go on trial to face allegations he bribed a German banker who is serving a jail sentence for receiving the payment.
He admits paying Gerhard Gribkowsky, but denies bribery.
His stepping down means he can no longer approve and sign significant contracts.