Bernard Ecclestone & family

About Bernard Ecclestone & family

Bernie Ecclestone took Formula One from a niche racing competition to a global phenomenon over a four-decade career.

The man dubbed "F1 Supremo" by the British tabloids finally gave up the helm in 2017, when Liberty Media bought F1 for $4.4 billion.

Son of a trawler captain, he built one of the U.K.'s largest used car dealerships after World War II then bought the Brabham racing team in 1971.

Ecclestone eventually took control of F1's governance and lorded over the business despite selling most of his stake in the late 1990s.

He pled guilty to fraud after hiding around $530 million in a trust in Singapore; Ecclestone agreed to a settlement of $802 million.