Bernie Ecclestone, 89, welcomes a son with wife Fabiana Flosi

Bernie Ecclestone and his wife Fabiana Flosi have become parents to a baby boy.

The couple, who are isolating in their Sao Paulo home, announced the birth of the baby via the Swiss-German newspaper, Blick.

Sharing the happy news, Ecclestone, 89, also revealed the newborn’s name.

“We have a son named Ace. I am so proud,” he said.

Flosi, 44, added: “It was all so easy. The birth was over after 25 minutes. I thank god.”

The couple got hitched in 2012 and Ace is their first child together.

Ecclestone has three grown-up daughters; Deborah, 65, Tamara, 36, and 31-year-old Petra. He also has numerous grandchildren.

Earlier this year, the billionaire addressed the fact he would be becoming a father again in the year that he turns 90.

“I don’t see there’s any difference between being 89 and 29,” he told the PA news agency. “You’ve got the same problems I suppose. It’s alright,”