Nov 13, 2013, 10:00 AM EDT
Bernie Ecclestone does not believe the court case between him and German media company Constantin Medien reflects poorly on the sport.
Speaking to reporters after his latest High Court appearance Ecclestone said: “It’s good because a lot of facts come out of it”.
The Formula One Management CEO spent four days under cross-questioning and stands accused of agreeing to sell F1 for less than its true value and paying German banker Gerhard Gribkowsky to protect his position of power within the sport. Earlier in the trial the arrangement Ecclestone was party to was described as a “corrupt bargain”.
Ecclestone continued to maintain his innocence. “You have to live with all these things,” he said. “These people are there doing a job. Some people trying to win a case say what they think is the right thing to say to win the case.”
During his final day of testimony Ecclestone said he did not recall a meeting which took place at the time Gribkowsky was being sentenced to jail.
“I don’t remember what the meeting was for but, if you – I don’t remember the meeting but, if you said – I have hundreds of meetings a month but, if you said there was a meeting, there obviously was a meeting but I don’t remember what it was for.”