Tamara Ecclestone and Jay Rutland

Tamara Ecclestone and Jay Rutland

Tamara Ecclestone is 14 weeks pregnant.

The 29-year-old socialite is delighted to be expecting her first child with former stockbroker Jay Rutland, who she wed in June.

She told HELLO! magazine: "I just feel so lucky. I never imagined this all happening so quickly. It's crazy how life works in such mysterious ways. Jay loves children and I'm really excited for the next phase of our relationship."

Jay, 32, is also looking forward to starting a family with his new wife.

He added: "Its been an amazing year, meeting and marrying my beautiful wife. Now we are expecting our first child and looking forward to the next step together."

The brunette beauty is hoping to take after her own parents - mother Slavica Ecclestone and Formula One boss father Bernie Ecclestone, who is estimated to be worth £2.5billion - when it comes to raising kids, and isn't planning on spoiling the new arrival with gifts.

She added: "I think you can spoil a child with love rather than showering them with materialistic things. I want to do all the things my mother did ...

'Mum was thrilled [by the news], as was my dad. He loves babies."