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Formula One paid just 1 million pounds in UK tax on revenues of 300 million

Last Updated: Wednesday, July 24, 2013, 15:23

The company that runs Formula One has avoided paying tens of millions of pounds in corporation tax by using a complex technique, paying only 1 million pounds, despite racking up annual profits of 305 million pounds last year.

Bernie Ecclestone -- indispensable F1 supremo

Last Updated: Thursday, July 18, 2013, 10:08

Bernie Ecclestone started out as a simple second-hand car salesman and went on to transform Formula One motor-racing into one of the most profitable sports in the world.

Bernie Ecclestone charged with bribery case in Germany

Last Updated: Thursday, July 18, 2013, 00:09

Formula One boss Bernie Ecclestone was on Wednesday charged with bribery by German prosecutors.

Pirelli to have 2 3-day tests on tires: Ecclestone

Last Updated: Tuesday, July 2, 2013, 13:04

Facing a revolt from teams over exploding tires at the British Grand Prix, Formula One boss Bernie Ecclestone on Monday gave tire supplier Pirelli the green light to run tests to resolve the problem.

F 1 does not judge human rights issues in Bahrain, says Ecclestone

Last Updated: Monday, April 22, 2013, 17:10

A heavy police presence was ascertained on the streets of Bahrain to ensure that pro-democracy protests did not disrupt the controversial Grand Prix in country.

Bernie Ecclestone threatens to shift Brazilian GP

Last Updated: Tuesday, April 16, 2013, 13:48

Formula One chief Bernie Ecclestone says Sao Paulo could be taken off the calendar if the city fails to improve facilities at its Interlagos Grand Prix circuit.

Ecclestone praises Malaysian GP authorities for good showing

Last Updated: Saturday, March 23, 2013, 17:20

Formula One chief Bernie Ecclestone has lauded the Malaysian Grand Prix authorities for doing a good job ahead of the second race of the season on Sunday.

Hamilton was ready to quit F1 rather than stay in McLaren: Ecclestone

Last Updated: Wednesday, March 20, 2013, 15:41

Formula One supremo Bernie Ecclestone has revealed that Mercedes driver Lewis Hamilton was considering quitting Formula One rather than staying with McLaren.

Bernie Ecclestone tops F1 ‘Rich List’ with GBP 6.2billion fortune

Last Updated: Sunday, March 17, 2013, 14:55

Formula One group CEO Bernie Ecclestone has topped the sport’s Rich List with a 6.2billion-pound fortune, leaving behind Red Bull team owner Dietrich Mateschitz and Queens Park Rangers (QPR) and Caterham owner Tony Fernandes.

Tamara Ecclestone confirms engagement

Last Updated: Monday, February 25, 2013, 13:30

Tamara Ecclestone has confirmed her engagement to former City stockbroker Jay Rutland, who proposed to her just one month after they met.

`F1 calling` school children

Last Updated: Tuesday, January 1, 2013, 13:06

Formula one car racing or F1 aims to ignite and engage younger minds and facilitate them to achieve their dreams as careers.

Ecclestone says Turkish Grand Prix unlikely to take place in 2013

Last Updated: Thursday, December 13, 2012, 14:37

F1 supremo Bernie Ecclestone has said that the Turkish Grand Prix, originally slated for 2013, is unlikely to take place next season.