The 83-year-old, who is reportedly worth $4.2 billion, will pay the record sum in a settlement to bring his bribery trial to a close after the offer was accepted by a judge on Tuesday.
Financial settlements are allowed in German courts if all parties agree, but the scale of Ecclestone's payment and the fact he was on trial for bribery has provoked anger in Germany.
@TheLocalGermany I mean really, what a joke – so much for the German law system
— Patrick O Callaghan (@pocallaghan57) August 5, 2014
@TheLocalGermany so in Germany it is possible to bribe a bribery trial?
— Jim Crighton (@jimc130) August 5, 2014
If you're ever accused of bribery, pray that the responsible place of jurisdiction is in Germany. #Ecclestone
— zedbeeblebrox (@zedbeeblebrox) August 5, 2014
Is it not ironic that in a bribery case you can buy your freedom #ecclestone
— Lee Merrien (@leemerrien) August 5, 2014
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