The Latest Breaking News from Bernie Ecclestone

The former boss of Formula 1 has now agreed in a civil settlement to repay almost £653m to HM Revenue and Customs (HMRC)

Handshake approach that helped rule motorsport for decades appears to have been his downfall

Ecclestone, who owned the championship-winning Brabham team from 1972 to 1987 as he rose to overall power in F1, led the series for more than four decades before its 2017 takeover by current owner Liberty Media. He then took on the 'chairman emeritus' and an advisory role.

Ecclestone, who owned the championship-winning Brabham team from 1972 to 1987 as he rose to overall power in F1, led the series for more than four decades before its 2017 takeover by current owner Liberty Media. He then took on the 'chairman emeritus' and an advisory role.

Bernie Ecclestone has handed over £652 million to HMRC in a settlement to end the probe into his tax affairs

Former Formula One boss handed 17-month suspended term after failing to declare £400m of overseas assets to HMRC

The 92-year-old pleaded guilty at Southwark Crown Court on Thursday.

Billionaire failed to declare a trust in Singapore with a bank account containing around $650 million, court heard

Prompted by an interview with ex-F1 chief Bernie Ecclestone earlier this year, plus archive footage of late FIA race director Charlie Whiting, Massa believes F1 and the governing body were aware of the 2008 Singapore Grand Prix ‘crashgate’ scandal in time to take action before the championship was decided.