Formula One supremo Bernie Ecclestone (L) speaks to Matteo Bonciani (R), FIA media delegate, as Mohammed Shareeda, Bahrain's circuit chief press officer, looks on during a visit to the media centre at the Bahrain International Circuit during Bahrain's F1 Grand Prix, south of Manama, April 19, 2015. REUTERS/Hamad I Mohammed
MONACO (Reuters) - Formula One supremo Bernie Ecclestone has taken legal action against British tax officials after facing a demand for payment of more than 1 billion pounds ($1.57 billion) in relation to a family trust.
The 84-year-old told reporters at the Monaco Grand Prix on Thursday that his lawyers had acted because the revenue and customs body (HMRC) "haven’t respected an agreement they made back in 2008."
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
