Bernie Ecclestone, the British business magnate and former chief executive of the Formula One Group, has recently made headlines for his legal troubles. Ecclestone, 92, pleaded guilty to fraud at Southwark Crown Court for failing to declare over £400 million held in a trust in Singapore to the Government. As a result, he received a 17-month suspended sentence and agreed to repay almost £653 million to HM Revenue & Customs.
Ecclestone is a prominent figure in the world of Formula One, having been the chief executive of the Formula One Group and part-owner of Delta Topco. He is known for his significant influence in managing Formula One and controlling the commercial rights to the sport. Ecclestone's career in Formula One spans several decades, during which he played a key role in shaping the sport into the global phenomenon it is today.