The ex-F1 supremo revealed the story from his remarkable life duriꦇng ‘Lucky’, his Discovery+ documentary.

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

"So I stopped the cheque and the guy duly appeared to expla🙈in 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 to do with it, you know. It certainly wasn’t a pain to come to some agreement about som🐽ething, and: ‘If you shoot me, the cheque won’t be cleared. Let’s have a chat’.

"So we went to the office and discussed things and obviously, we sorted it out. Iꦜ 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!”

Eccle⭕stone, now aged 92, sold F1 to Liberty Me꧟dia in 2017.

Last year he denied that he had been arrested in Brazil for illegally carrying a gun. He a💛cknow🐟ledged a gun was found in his possession but said it was never used.

He called it a "silly, tiny little in🤪cident" to Reuters, who were told by Brazilian police that a busin💎essman was arrested for carrying a gun.

"It was a bleeding drama, unnecessary, over a nothing,” he said, after admi🌞tting he carried a gun as a deterrent.

Ecclestone was charged with fraud in 2022 after reportedly fai✱ling to declare £400m worth of overseas assets.