What's happened
Former Formula One boss Bernie Ecclestone avoids jail after admitting to tax fraud and agreeing to a civil settlement.
Why it matters
The case is significant due to the high-profile nature of the defendant and the substantial amount involved, highlighting the consequences of tax evasion.
What the papers say
The Times emphasizes the simplicity of the case and the efforts of the legal team, while The Independent provides more details about the court proceedings and Ecclestone's regret. The Guardian focuses on the judge's considerations and Ecclestone's response to the sentence.
How we got here
Bernie Ecclestone admitted to fraudulently failing to declare over \
£400 million held in a trust in Singapore to the UK government, leading to a suspended jail term and a substantial civil settlement.
More on these topics
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Bernard Charles Ecclestone is a British business magnate. He is the former chief executive of the Formula One Group, which manages Formula One and controls the commercial rights to the sport, and part-owns Delta Topco, the previous ultimate parent company