Tag: Bernie Ecclestone

Bernie Ecclestone, the ex-head of Formula 1, has been handed a suspended prison sentence after admitting to fraud charges. The 92-year-old failed to disclose over £400 million in a Singapore trust to UK tax officials in 2015. The court was informed that Ecclestone has consented to a civil agreement to pay nearly £653 million to HM Revenue and Customs (HMRC). As a result, he received a 17-month prison sentence, which has been suspended for two years.