F1 tycoon Bernie Ecclestone has revealed that the total of his daugher Petra’s lavish wedding was a staggering £12 million, much to his shock.

He only found out during an argument with his ex-wife Slavica.

He was giving evidence during a fraud trial involving a German banker, but under cross-examination his daughter’s extravagant wedding in Italy became the focus.

Giving a telling insight into his family’s billionaire lifestyle, the F1 tycoon said that he had no idea about the total cost until he argued with his ex-wife Slavica shortly before the ceremony.

“My younger daughter got married and I thought as father of the bride I should pay for the wedding,” he explained, attempting to show that he did not break the terms of an off-shore family trust.

“But when it was suggested how much they would be spending on drinks, I thought it was absurd and I managed to upset my daughter and my wife.

“Then she spent in excess of £12 million on my daughter’s wedding which I did not know about until afterwards.”

The drinks at the wedding included Chateau Petrus wine, which costs £4,000 a bottle.

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