F1 Boss Bernie Ecclestone's Mother-In-Law Kidnapped

The mother in law of Formula One boss Bernie Ecclestone has reportedly been kidnapped in Brazil.

According to Brazilian magazine Veja, Aparecida Schunck, 67, was taken on Friday in the neighbourhood of Interlagos, Sao Paulo with her kidnappers said to be demanding a ransom of 120 million Brazilian reals (NZ$52 million).

The magazine says that the ransom demand is the highest in the country's history.

Schunck is the mother of Ecclestone's third wife Fabiana Flosi who met the 85 year-old at the Brazilian Grand Prix in 2009. The pair married in 2012.

Ecclestone and his family are estimated to be worth over 3 billion dollars byForbes magazine.

Read the full story at NZ Herald