Former F1 boss Ecclestone pleads guilty to tax fraudbut avoids prison term
The Guardian|October 13, 2023
The former Formula One boss Bernie Ecclestone has agreed to pay £652.6m to HMRC after pleading guilty to fraud.
Jasper Jolly, Giles Richards
Former F1 boss Ecclestone pleads guilty to tax fraudbut avoids prison term

Ecclestone, who had been accused of failing to declare more than £400m of overseas assets to the UK government had originally denied the charges at a hearing in August, but yesterday changed his plea at Southwark crown court in London.

After setting up a 2015 meeting with HMRC to try to bring an end to an investigation into his finances, he lied to officials. His answers that day have now resulted in a 17-month custodial sentence, although he avoided prison because the judge suspended it for two years. Ecclestone will also have to pay HMRC £652.6m, plus prosecution costs of £74,000.

After arriving at court, wearing a grey three-piece suit, Ecclestone, 92, told the judge: "I plead guilty." It was a steep fall from grace for a man who commanded race paddocks and sweetheart deals for special treatment from world leaders from the UK's Tony Blair to Russia's Vladimir Putin - from the late 1970s until January 2017. That position made him one of the most prominent people in global motor sport. During that time, he grew F1 into a prized global media asset while maintaining tight control of the commercial and sporting sides of the business.

この記事は The Guardian の October 13, 2023 版に掲載されています。

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この記事は The Guardian の October 13, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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