Ecclestone was sentenced to 17 months in prison suspended for two years after pleading guilty to fraud last week at Southwark Crown Court.
The 92-year-old failed to declare more than £400m held in a trust in Singapore but avoided jail after agreeing in a civil settlement to repay almost £653m to HM Revenue and Customs.
And former Top Gear star Clarkson couldn’t help but joke about the situation in his column for The Sun Newspaper.
“Having a bad day? Well it could be worse,” Clarkson wrote.
“Former F1 supremo Bernie Ecclestone has just been fined £330million for tax irregularities.
“That is almost certainly the biggest financial penalty ever imposed on an individual, and as a result, the poor old man is now down to his last £2billion.”
In June, Clarkson honoured a bet to buy the entire Alpine F1 team a beer after Esteban Ocon finished on the podium at the Monaco Grand Prix.
The TV presenter has made several appearances in the F1 paddock this year, including at the season-opening Bahrain Grand Prix and the British Grand Prix at Silverstone, where he was a guest of Alpine.