Ecclestone pays £60m, but can he really regain control of F1?

How and why the Ecclestone bribery case was abandoned and what it means for Formula 1

F1 Chief Executive Bernie Ecclestone leaves the court in Munich
(Image credit: SVEN HOPPE/AFP/Getty Images)

Bernie Ecclestone's position as the ringleader for Formula 1 appears secure after he made a payment of £60m to a German court to have his trial on bribery charges abandoned.

The news that he is off the hook will be of little surprise to those who follow F1, but how did he buy his way out of trouble and what does it mean for the future of the sport?

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