Ecclestone denies $400m plea deal reports

April 25, 2014 (GMM).- Bernie Ecclestone on Friday rubbished reports he is preparing to plead guilty in order to avoid jail.

As the F1 chief executive's Munich trial began on Thursday, London's Times newspaper reported that Ecclestone, 83, might reach a plea deal and exchange a custodial sentence for a massive $400 million-plus penalty.

"No, that's total nonsense, ru…

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