The CVC Group – the company behind F1 – has responded to Wednesday’s news of Bernie Ecclestone’s indictment in Germany.
Wednesday night it issued a short statement in essence acknowledging that the process is under way, and making it clear that Ecclestone has six weeks to respond.
The statement read as follows:
The Board of Formula One Group notes the following developments in Munich:
Mr Ecclestone, CEO of Formula One Group has now received a bill of indictment, in English, from the Munich Regional Court.
Mr Ecclestone has 6 weeks to provide a response to this bill of indictment, prior to a decision being made by the Court on opening proceedings.
The Board will continue to monitor developments in this situation accordingly.