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Former Components 1 boss Bernie Ecclestone will probably be charged with fraud by false illustration following an investigation into abroad belongings believed to be value greater than £400m.
The Crown Prosecution Service mentioned the cost follows an investigation by HMRC.
“The CPS has authorised a cost towards Bernard Ecclestone,” it mentioned.
The CPS mentioned the cost of fraud is “in respect of his failure to declare to HMRC the existence of belongings held abroad believed to be value in extra of £400m”.
Final month Ecclestone mentioned he would “take a bullet” for Russia’s president Vladimir Putin in an interview with ITV’s Good Morning Britain.
In Could, Ecclestone – who was concerned with F1 in varied roles for the reason that Fifties – was arrested in Brazil for illegally carrying a gun whereas boarding a airplane.
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