Bernie Ecclestone accused of fraud.
The former Formula 1 mentor is alleged to have withheld foreign assets of the British state worth more than £400m.
Bernie Ecclestone was previously a team principal in Formula 1 and in the 1970s acquired the commercial rights to the sport. Together with former FIA President Max Mosley, he laid the foundations for the modern sport of Formula One.
He found new markets and promoted Formula 1 around the world, but he was also involved in a large number of scandals. Over the years, Ecclestone has made a number of questionable statements, been involved in shady deals and never hesitated to collaborate with controversial referees.
Now he is on trial.
second.
complex investigation
According to Britain’s attorney general, the 91-year-old has withheld assets from the British state worth more than five billion kroner (£400m).
It’s about a complex and global criminal investigation, says Simon York.
He is Head of the Fraud Investigation Service at HMRC, HM Revenue & Customs, and UK Tax and Customs.
– These are tax obligations resulting from more than 400 million pounds stashed abroad in favor of HMRC.
Bernie Ecclestone accused
The trial is set to begin on August 22, 2022, and Ecclestone faces up to 10 years in prison.
This isn’t the first time Bernie Ecclestone has been brought to justice. In 2006, he sold F1 to the holding company CVC and seven years later was accused of bribery.
The case was closed in August of the same year, after Ecclestone paid $100 million (about one billion kroner). In January 2017, F1’s new owners, Liberty Media, chose to fire him as F1 CEO. Since then, he has continued to make headlines, among other things because he became a father at the age of 89, for his statement about Russian President Vladimir Putin and because he had a gun with him recently when he was flying from Brazil.
Short news about Formula 1
According to constant Mercedes boss Toto Wolff, there is a two to three-tenths short of a lap before Mercedes is in the top teams.
The stable is now third in the constructors’ championship. Despite the drivers colliding with both cars during the third quarter last Friday, they led third and fourth in the Austrian Grand Prix.
F1 has responded aggressively to the fact that several fans have subjected others to harassment during the weekend’s competition in Austria. Sebastian Vettel is calling for some spectators to be banned from the sport for life. You can read more about it here.
Red Bulls Helmut Marko is upset with Sergio Perez. That’s since during the pre-race meeting the team asked the drivers not to drive outside in turn four.
Perez ignored it – and had to break.
– It wasn’t quite necessary, Marko explains to Sky.
Tamchev Christian Horner agrees: …
– We saw in the support chain that it is very dangerous to try to drive again abroad there.
But that didn’t help and for the third year in a row, a Red Bull car crashed in the same spot….