Formula One supremo Bernie Ecclestone has been indicted for alleged bribery by German prosecutors, according to a report.
The case relates to the sale of a Formula One stake to German banker Gerhard Gribkowsky of Bayern Landesbank eight years ago.
Gribkowsky was jailed for eight-and-a-half years last year after he was convicted of breach of trust, tax evasion and bribery for the $44million (£28m) received from Ecclestone during the deal in 2005.
Speaking to the Financial Times on Wednesday, Mr Ecclestone said: "I have just spoken to my lawyers and they have received an indictment. It's being translated into English."
Asked how he responded to the indictment, he said: "We are defending it properly. It will be an interesting case. It's a pity it's happened."
He added: "If someone wants to sue you, they can do it and you have to defend it."
Any reproduction, publication or redistribution of this material without the written agreement of 365 Media Group is strictly forbidden.