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F1 boss Bernie Ecclestone faces call for inquiry into finances

13 December 2013 Last updated at 12:17 GMT

A senior Labour MP is calling for a Serious Fraud Office probe into the financial affairs of Formula One chief Bernie Ecclestone.

It comes as a seven-week civil case over an £85m ($140m) damages claim against the billionaire, 83, concludes.

He denies making corrupt payments to facilitate the sale of F1, and says he paid a German banker £10m ($16m) because he was threatened over his tax affairs.

Shadow attorney general Emily Thornberry told BBC Newsnight that UK authorities had a duty to investigate.

BBC chief sports correspondent Dan Roan reports on the background to the case and the ongoing questions Mr Ecclestone faces.

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