Ecclestone says he had "no alternative" but to pay BayernLB banker

By Jonathan Noble

Thursday, November 10th 2011, 07:58 GMT

Formula 1 supremo Bernie Ecclestone has told German courts that he feared being on the receiving end of a costly tax probe if he did not pay former BayernLB banker Gerhard Gribkowsky to keep quiet.

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Ecclestone says he had "no alternative" but to pay BayernLB banker