Bernie Ecclestone – the former supremo of Formula 1 – has pleaded guilty to fraud at Southwark Crown Court on Thursday but has been spared jail. The 92-year-old failed to declare more than £400 million of overseas assets to the government, namely a trust in Singapore with a bank account of around $650 million. He was sentenced to 17 months in jail, suspended for two years. He has agreed a civil settlement of £652,634,836 in respect of sums due to HMRC over the course of 18 years. The billionaire, who has courted controversy throughout his life, was in charge of F1 for over 40 years before relinquishing his role in 2017 when current owners Liberty Media took over the running of the sport. The Independent takes a look at Ecclestone’s life and times through his tenure in motorsport and beyond: 1930 – Ecclestone born on 28 October, son of Sidney and Bertha Sophia, in St Peter, Suffolk. 1952– Marries first wife, Ivy Bamford, at 21-years-old. They have a daughter, Deborah, born in 1955. The pair divorce in the 1960s. 1958 – Entered two F1 races as a driver, at Monaco and Silverstone, after purchasing two chassis from the disbanded Connaught Formula One team. Failed to qualify for either race. 1972 – Buys Brabham F1 team for £100,000. Tastes success with Nelson Piquet’s two world titles in 1981 and 1983, though only records a best result of second in the constructors’ championship. 1974 – Forms the Formula One Constructors Association (FOCA). Played crucial role in negotiating F1’s television rights. Becomes chief executive in 1978. 1984 – Slavica Radic, later his second wife, becomes pregnant and second daughter Tamara is born. Marries Radic in 1985. 1988 – Sells Brabham for more than $5 million to Swiss businessman Joachim Luhti. 1988 – Ecclestone’s third daughter, Petra, is born in London. 1997 – Embroiled in a dispute with the Labour Party over tobacco sponsorship of Formula 1, in contrary to the new government’s health position. After a meeting with prime minister Tony Blair alongside Max Mosley (a fellow Labour Party donor), the government make an exemption for F1. 2005 – Farce embroils the United States Grand Prix, with seven teams refusing to participate due to safety concerns over the Michelin tyres used. No compromise was reached, and only six cars (using Bridgestone tyres) started the race. 2008 – Radic files for divorce, which is settled in March 2009. She receives a reported settlement of $1 billion. 2009 – Crashgate. F1 descends into chaos after cheating scandal which saw Nelson Piquet Jr. deliberately crash a year earlier in Singapore to aid his team-mate, race winner Fernando Alonso. It later emerges, in 2023, that Ecclestone and then-FIA boss Mosley knew about the scandal at the time. Felipe Massa is now in the process of pursuing legal action for damages, having lost the 2008 world title to Lewis Hamilton. 2009 – Ecclestone widely condemned after remarks that were positive about Adolf Hitler. He said to The Times: “Terrible to say this I suppose, but apart from the fact that Hitler got taken away and persuaded to do things that I have no idea whether he wanted to do or not, he was – in the way that he could command a lot of people – able to get things done”. Ecclestone later apologised for his comments. 2012 – Marries vice-president of marketing for the Brazilian Grand Prix Fabiana Flosi, 46 years his junior. 2014 – Paid a £60 million settlement to end a bribery trial in Germany without admitting guilt. Prosecutors had accused him of bribery of banker Gerhard Gribkowsky. 2017 – Removed from position as CEO of Formula One Group after its £6.4 billion takeover by Liberty Media. Retains title of Chairman Emeritus until January 2020. 2020 – Ecclestone has first son, Ace (Alexander Charles Ecclestone), at age 89. 2020 – Criticised by F1 and Lewis Hamilton after comments made in wake of the murder of George Floyd. Ecclestone says to CNN: “In a lot of cases, black people are more racist than what white people are.” 2022 – Arrested by Brazilian authorities for illegally carrying a firearm while boarding a private plane to Switzerland. Ecclestone paid bail and was freed to travel to Switzerland. 2022 – Ecclestone says on Good Morning Britain that he would “take a bullet” for Russia president Vladimir Putin because he was a “first class person,” adding that Putin’s invasion of Ukraine was just a “mistake” that businessman make. He later apologised for his comments. 2023 – Pleaded guilty to £400m fraud. Sentenced to 17 months in prison, suspended for two years. Read More Lewis Hamilton gives blunt response to Felipe Massa’s legal action over 2008 F1 title F1 given new deadline by Felipe Massa’s lawyers – who label Lewis Hamilton title a ‘sham’ ‘More teams, less races’: FIA boss outlines aspirations for future of F1 F1 reveal unique Las Vegas GP schedule and ‘opening ceremony’ plans Lance Stroll ‘may have contravened FIA rules’ during furious outburst in Qatar

Rasmus Hojlund has joined Manchester United for a fee rising to £72m and said he believes he can achieve “great things” at Old Trafford. The Denmark centre-forward, who has signed from Atalanta as Erik ten Hag’s summer search for a striker has ended, said a dream had come true as he joined the club he supported since childhood. He has signed a five-year contract – United have the option to extend it by a further year – and was unveiled on the Old Trafford pitch before their pre-season friendly against Lens. The 20-year-old scored nine goals in Serie A last season and was described as a “truly exceptional talent” by United’s director of football, John Murtough. Paris Saint-Germain also bid for Hojlund this summer but United landed Ten Hag’s top attacking target, who they had tracked since his days at FC Copenhagen. Hojlund said: “It is no secret that I have been a fan of this great club since I was a small boy, and I dreamed of walking out at Old Trafford as a Manchester United player. I am incredibly excited by this opportunity to turn that dream into a reality, and I am determined to repay the faith that the club has shown in me. It is still early in my career, but I know that I am ready to make this step up and play with this group of world-class players. “Once I had spoken to the manager, I knew that this environment would be perfect for my development; I am relishing the opportunity to work with one of the best coaches in the world. Under his guidance and support I know that I am capable of achieving great things together with my new teammates at this special club.” Hojlund, who is recovering from a minor injury, will not be fully fit for a few weeks, though he is back in training. United targeted Hojlund while choosing not to bid for Harry Kane and Victor Osimhen this summer and are excited by the potential of the former Sturm Graz player, who has six goals in as many caps for Denmark. Murtough added: “Rasmus is a truly exceptional talent; he possesses technical and physical attributes which rank him amongst the best players in the world for his age group. Working under Erik ten Hag and his coaches will provide Rasmus with the perfect development platform; everyone across the club will ensure that he is given the time and all the support required to reach his immense potential “Throughout the summer we have acted quickly and decisively to secure our primary targets early in the transfer window. This will ensure that Erik and his coaches have the best opportunity to prepare the squad to push for further success in the exciting campaign ahead.” Hojlund becomes United’s third summer signing, after Mason Mount and Andre Onana and takes Ten Hag’s spending in this window to around £170m. Read More Manchester City sign second most expensive central defender in history Man United join Romeo Lavia chase as midfield transfers look set to shape the market A new era for old empires? How a summer of rebuilding could change the Premier League On This Day in 2019: Harry Maguire joins Manchester United Man Utd vs Lens: Kick-off time and how to watch on TV Ipswich boss Kieran McKenna backed to handle step up to the Championship

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