Famous F1 manager Willi Weber avoids jail term

(GMM) Nico Hulkenberg's manager has narrowly avoided a prison term, reports in Germany announced on Thursday.

Willi Weber, who previously managed the Schumacher brothers and is still involved with the commercial aspects of Michael Schumacher's career, was recently back in a German court.

Two years ago, he was sentenced to probation and a hefty fine in a case involving an insolvent Schumacher merchandising company.

For related matters regarding the fraudulent bankruptcy of 'Pole Position Marketing' and embezzlement, another case was recently heard by the Stuttgart district court.

German reports including the news agency DPA and the Suddeutsche newspaper on Thursday said Weber has been sentenced to a further two-year probation period.

He must also pay EUR360,000 to charitable organizations.