News Details
Ecclestone to fight £1b tax bill
Bernie Ecclestone has vowed to fight after Her Majesty's Revenue and Customs decided to tear up a settlement deal relating to a family trust. Ecclestone has previously under investigation by the British tax collectors and reached a settlement back in 2008. However, HMRC now says that deal is invalid, relating to evidence that came to light during his German bribery case. 'The tax and interest demanded as a result of the decision is over 1 billion pounds,' Bloomberg reports judge Kenneth Parker as having said. Ecclestone, though, is set to fight it. Speaking to Autosport in the Monaco paddock, he said: 'I have never had anything to do with the trust. 'I'll be fighting this all the...
Full Story »
Full Story »
10y ago from PlanetF1.com
0
You May Also Be Interested In...
Ecclestone in £1bn tax fight
F1 supremo Bernie Ecclestone faces a £1bn tax bill after HMRC...
10y ago from Pitpass.com
Bianchi family “waiting for a miracle”
Although there is no change in Bianchi’s condition in hospital in his...
10y ago from Motorsport.com
Stewart: Bernie will be missed but he will be replaced
Formula 1 legend Jackie Stewart predicts that the Bernie Ecclestone will...
10y ago from GrandPrix247.com
Ecclestone still pushing for power unit axe
Bernie Ecclestone is continuing to rail against F1's modern-day engine...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez and Ducati set for two-year MotoGP...
No description available...
17h ago from Motorsport.com
Marc Marquez shares update on injury recovery at...
No description available...
18h ago from Motorsport.com
Ducati showcases 2026 MotoGP livery
Reigning back-to-back Teams’ Champions Ducati Corse has unveiled its...
22h ago from MotorsportWeek.c...
Marc Marquez, Francesco Bagnaia unveil retro-inspired...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
4d ago from MotorsportWeek.c...
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
4d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
4d ago from Motorsport.com
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Loeb after 13 Dakar punctures: Cars now...
No description available...
1d ago from Motorsport.com
Nani Roma: Dakar 2026 at 'F1 level' after close fight
No description available...
2d ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Marseille in talks over signing...
No description available...
27m ago from SkySports.com
Euro giants begin long term managerial planning with...
Barcelona have quietly begun mapping out their long-term managerial...
2h ago from CaughtOffside.com
Inter preview: We have a BIG squad, use it …
Morning all. We're in Champions League action this evening when we take on...
1h ago from Arseblog.com
‘We are getting closer’: Gabriel Jesus targets...
t;li>Brazilian striker yet to hold talks over new dealArteta keen to...
12h ago from TheGuardian.com
Comments
Hottest News
Honda and Aston Martin launch groundbreaking 2026 power unit
Honda has officially launched its brand-new 2026... Read More »
4h ago from MotorsportWeek.com
Lewis Hamilton's silence on Riccardo Adami split is...
Since it was announced that Riccardo Adami would... Read More »
1h ago from GPFans.com
Helmut Marko confirms F1 return decision after Red Bull exit
Former Red Bull motorsport advisor Helmut Marko... Read More »
1h ago from GPFans.com
