Former F1 boss Ecclestone to stand trial in 2023 over fraud charge

Former Formula One boss Bernie Ecclestone is due to appear in court next year in connection with a charge of large-scale fraud. More than £400 million is allegedly involved.

Ecclestone in court in 2023

The 91-year-old Ecclestone is accused of failing to declare more than £400 million in a trust account in Singapore. The charges against the former F1 boss were brought in July following an investigation by HM Revenue and Customs into his finances between 13 July 2013 and 5 October 2016.

Ecclestone denied the charges in August when he appeared before Westminster Magistrates' Court and pleaded not guilty. During the brief hearing, he was granted unconditional bail pending the next hearing at Southwark Crown Court. On Tuesday, he appeared in court and was charged with fraud.

Judge Deborah Taylor set a trial date for 9 October 2023. Prosecutor Alexander Langhorn expects the trial to last up to six weekends, but because of Ecclestone's age, the trial could take place over half-days. He may also not have to attend every hearing.