Former Formula One boss Bernie Ecclestone has said he believes the £50m jewellery raid on his daughter Tamara’s house was "an inside job".

The 89-year-old told MailOnline, that given the tight security at Tamara’s Hyde Park mansion, someone inside must have "been involved".

He said: “I don’t have all the facts but given all the security at the house, I’m assuming it was an inside job.

“It’s an awful thing to happen just after she had left the house to go to Lapland. Although maybe it’s better that she wasn’t in at the time.”

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Thieves are believed to have entered through the garden before breaking into safe hidden in the bedrooms of the house.

Intruders are believed to have fled with items including earrings and an £80,000 Cartier bangle given to her as a present. It is not yet known whether two engagement rings, worth £250,000 each, were taken.

Scotland Yard investigators say they are keeping an open mind about the raid on the house near Hyde Park.

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The raid took place on Friday night, shortly after Ms Ecclestone left the country for her Christmas holiday with her husband Jay Rutland.

Police are also probing whether Tamara Ecclestone’s Instagram picture of her five-year-old daughter boarding a private jet for Lapland tipped off burglars who stole her entire £50million jewellery collection later that night.

Tamara posted a biblical verse on Instagram on Monday, which read: “For there is nothing hidden that will not be disclosed, and nothing concealed that will not be known or brought out into the open”.

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DS Matthew Pountney, from Central West command unit, said: “A number of officers, including the dog unit, deployed to the residential property, in Palace Green, W8. However, the suspects had already left the scene when the call to police was made.

“At this time we are investigating this as an isolated burglary and we are retaining an open mind around other lines of enquiry.

“Police were called by security within the building to three males who had been present inside the property and a fast-paced investigation is underway to locate the suspects and missing items."

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