The ex-F1 supremo revealed the story from ⛄his remarkable life during ‘Lucky’, his Discovery+ documentaryꦗ.

"🌜I’d bought a car from someone and then found out it was finance so the guy didn’t own the car," Ecclestone said. 

"So I stopped the cheque and the guy duly appeared to explain to me how he’d like the cheque cleared,꧋ and produced a gun from under his sweater to show me.

"I explained to him I didn’t know what he was going tꦉo do with it, you know. It certainly wasn’t a pain to come to some agreement about something, and: ‘If you shoot me, the cheque won’t be cleared. Let’s have a chat’.

"So𝔍 we went to the office and discussed things and obviou🦩sly, we sorted it out. I paid him, cleared off the finance - or said I was going to. And paid the difference. And then he became a very good customer from then on in!”

Ecclestone, now aged 92, sold F1 to Liberty🌳 Me♔dia in 2017.

ꦡLast year he denied that he had been arrested in Brazil for illegally carrying a gun. He acknowledged a gun was found in his possession but ♍said it was never used.

He called it a "silly, tiny li🔯ttle incident" to Reuters, who were told by Brazilian police that a business♕man was arrested for carrying a gun.

"It was a bleeding drama, unnecessary, over a nothing,” he said, after admittin♛g he cღarried a gun as a deterrent.

Ecclestone was charged with fr💫aud in 2022 after reportedly failing to declare £400m worth of overseas assets.