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Ecclestone vows to fight massive tax bill

By alley - May 21, 2015, 4:01 PM ET

Formula 1 chief executive Bernie Ecclestone is set for another lengthy legal battle after being told he faces the prospect of paying a £1 billion ($1.57b) tax bill.The 84-year-old has been under investigation by Her Majesty's Revenue and Customs (HMRC) in the UK regarding his involvement, or otherwise, with a...

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