Banks seek court ruling over F1
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Three banks go to the High Court in London seeking a ruling which could lead to Bernie Ecclestone losing control of Formula One racing.
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McLaren will decide on Friday whether to appeal against a Â£49.2m fine and the deduction of all their constructors' championship points.
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Bernie Ecclestone lost a court case Monday that could loosen his grip on Formula One. The High Court ruled in favor of the three banks which own 75 percent of F1&#39;s commercial rights, saying the banks should
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Ferrari's Kimi Raikkonen was confirmed as Formula One champion, pending an appeal, on Sunday after Brazilian Grand Prix stewards cleared BMW Sauber and Williams of alleged fuel irregularities.
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Silverstone racing track owners are confident they will reach an agreement with Formula One rights holder Bernie Ecclestone for a British Grand Prix next July.
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The British Grand Prix last weekend was eclipsed by an industrial espionage scandal off the track that involved three teams and that is headed to court in Britain and Italy.
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The legal battle for control of Formula One gets underway in earnest today, with Bernie Ecclestone and the three German banks that make up the major shareholding in the sport going to court to decide who has the right to power.
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The British Racing Driversâ Club have set a deadline of the end of October to save the British Grand Prix. The Silverstone race is on the provisional calendar but the BRDC are still to agree staging rights with F1 supremo Bernie Ecclestone.
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Motorsport.com. Nine of the ten Formula One teams have united to propose cost-cutting measures for the future, with the notable exception of Ferrari.
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European judges are being asked to rule in a case that could limit the use of speed cameras in the UK.
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Silverstone&#39;s owners say they are confident that a deal can be reached with Bernie Ecclestone, Formula One&#39;s chief, to save the British Grand Prix.
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Bernie Ecclestone&#39;s vice-like hold on Formula One&#39;s racing rights could be lossened by a hearing in the English High Court.
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Courts have ruled against the F1 supremo which somewhat takes away most of the powers from Bernie Ecclestone. However, he is back with a plan that might lead to his comeback in the most expensive sport in the world today.
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Formula One need not be afraid of a future without Bernie Ecclestone in complete commercial control, according to one of the banks battling for a say in how the sport is run.
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The British Grand Prix at Silverstone may be saved with Government officials expecting an announcement by Friday. Talks between Formula One chiefs and Silverstone&#39;s owners are understood to be at an advanced
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The British Grand Prix is still set to be wiped off next year&#39;s Formula One calendar after the track&#39;s owners failed to agree a rescue package at a board meeting on Thursday but said they would examine more options.
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Motorsport.com. The dispute between Bernie Ecclestone and the banks continued in court on December 6th, where the judge ruled that the banks, known collectively as Speed Investments, were correct in their &quot;contentions&quot;.