MUNICH, Germany -- Formula One boss Bernie Ecclestone rejected accusations of bribery as he went on trial Thursday in a case that could threaten his grip on the sport, telling a Munich court that he was blackmailed by a German banker who received a disputed $44 million payment. Matthew Dellavedova Jersey . Ecclestone said at the beginning of a four-hour personal statement read out in German by his lawyers that he was "grateful" to be able to give his side of the story -- though he told judges that he would answer questions from the Munich state court through his lawyers, rather than personally. The 83-year-old Ecclestone is charged with bribery and incitement to breach of trust, and could face up to 10 years in prison if convicted. The charges involve a $44 million payment to banker Gerhard Gribkowsky, who is serving an 8 1/2-year sentence for taking the money. Ecclestone appeared in court in a dark three-piece suit and followed the proceedings closely with help from an interpreter whispering into his ear. Prosecutors allege the payment was meant to facilitate the sale of Munich-based bank Bayern LBs stake in Formula One to a buyer of Ecclestones liking. Gribkowsky was in charge of selling that 47 per cent stake in F1 in 2005. Ecclestone testified during Gribkowskys trial in 2011 and Gribkowsky is expected to be the main witness during Ecclestones trial, which is scheduled to last until Sept. 16. Gribkowsky was found guilty of corruption, tax evasion and breach of trust in a trial led by the same judge who is hearing Ecclestones case, Peter Noll. The defence made clear that it will attack Gribkowskys credibility, and Ecclestone said in his statement that the banker didnt tell the truth. In Thursdays statement, Ecclestone reiterated testimony he gave at Gribkowskys trial that he gave the banker the money because he was "blackmailed" and worried Gribkowsky would falsely accuse of him of being in charge of a trust fund set up for the Formula One bosss former wife and their children -- possibly incurring a huge British tax bill. Ecclestone said that "from todays point of view, it was not a rational decision" to pay Gribkowsky. "I saw my lifes work in danger" if Gribkowsky went to the British tax authorities, he said, adding that he wouldnt have been able to pay the resulting bill. Ecclestone said he had turned over his entire stake in Formula One to his then-wife, Slavica, and their two daughters in 1997 following a series of operations and a health scare that left him worried his wife would face a 40 per cent inheritance tax. He said he ran the day-to-day business of Formula One but hasnt owned any stake in the lucrative series since 1997. Ecclestones lawyers also insisted anew that their client is innocent, saying in a written statement that "the alleged bribe has not occurred." They argued that the indictment is based on statements by Gribkowsky that are "incorrect, misleading and incoherent" and said they would produce new documents at the trial to dispute Gribkowskys assertions. Ecclestone said he thought Gribkowsky wanted out of banking and had been interested in founding his own Formula One team. Ecclestone has stepped down temporarily as a director of F1s holding company pending the outcome of the trial, though he continues to manage the sports commercial operations on behalf of investment fund CVC Capital Partners, which has a controlling stake in the web of companies which run the commercial side of the sport. Ecclestone, who built his powerbase in F1 starting in the 1970s, likely would be unable to remain in charge if convicted -- even if he avoids a prison sentence. The trial will continue May 2. Kevin Love Cavaliers Jersey .Y. - Joe Johnson hit six 3-pointers in his 27 points, Mason Plumlee added 18 points, and the Brooklyn Nets won their 11th straight at home, beating the Boston Celtics 114-98 Friday night. Kevin Porter Cavaliers Jersey . For the first time all night, as the Raptors were on the clock to make the 20th overall selection, no one had the slightest idea what was about to happen. No leaks, no whispers, nothing. https://www.thecavalierslockerroom.com/Brad-Daugherty-City-Edition-Jersey/ . The punch happened in the fourth quarter of Milwaukees 116-102 loss to the Kings on Wednesday when the two players became entangled while battling for rebounding position. HOUSTON -- Jack Sock made short work of former champion Ivo Karlovic, winning 6-1, 6-4 in the first round of the U.S. mens Clay Court Championship on Monday at River Oaks Country Club. The 21-year-old American had lost both previous meetings with the 6-foot-10 Karlovic, who won the only U.S. mens tournament played on clay in 2007 at a different Houston venue. In this one Sock broke the Croatians huge serve twice in the first set and wound up spending less than an hour on the court. Socks countryman, Sam Querry, had to battle to get past Alex Bogomolov Jr., of Russia 6-4, 7-6 (6), but it was a satisfying win for the tournaments 2010 runner-up. "Right now Ill take one pretty much however I can get it," said Querrey, whose ranking has plunged from a high of 17 in 2011 to its current 82. He hasnt advanced into the third round this season since the Australian Open in January. "Its the first time Ive been able to grind through a tough match like that all yeear," he said. Larry Nance Jr. Cavaliers Jersey. "Hopefully it will lead to more wins and better results." German-born Dustin Brown easily moved on, beating American Rhyne Williams 6-1, 6-2. Williams had reached the tournaments semifinals last year. The 29-year-old Brown, who began his pro career playing out of Jamaica, is ranked 101st. Alejandro Gonzalez of Colombia rallied to eliminate Marcos Baghdatis of Cypress 4-6, 6-2, 6-1 in the final match of the night. Baghdatis, the Australian Open runner-up in 2006 who once ranked eighth, had been given a wild card by tournament organizers. His ranking has fallen to 129. Americans Ryan Harrison and Ryan Harrison, Peter Polansky of Canada and Ruben Ramirez Hidalgo of Spain won spots in the 28-man field with victories in the qualifying tournament. Defending champion John Isner, ranked a career-high ninth, is the tournaments No. 1 seed. Spaniard Tommy Robredo is seeded second. They play their first matches Wednesday. ' ' '