Bernie Ecclestone, Formula One's commercial ringmaster, has rejoined the F1 board, according to a post from the sport's official Twitter account Friday.
Ecclestone has run F1 since 1978 and joined on the board as a non-executive director. In April, he was on trial for paying $44 million dollars bribe to a Bavarian state bank executive to help him maintain his four-decade grip on the sport, reports Xinhua.
In August, Ecclestone settled his bribery case after arranging a controversial $100 million payment.
A settlement is allowed in German criminal cases if the prosecution, the aggrieved parties and the court agree.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app