Ecclestone Loses UK Case Over F-1 Control to Banks
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Bernie Ecclestone&#39;s family trust has too much control over the management of Formula One, a UK High Court judge said today in a ruling that may erode the billionaire&#39;s 23-year grip on the most-watched motor sport.
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The British Grand Prix has been dropped from the provisional calendar of Formula One races for next year, media reports said yesterday.
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London, England (Sports Network) - According to Formula One boss Bernie Ecclestone, the British Grand Prix will be left off next year&#39;s Formula One Grand Prix Schedule.
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Formula One's governing body cleared McLaren on Wednesday of using illegal 'team orders' in their one-two victory in Monaco last weekend.
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A U.S. appeals court on Friday rejected an attempt by disappointed Formula One fans to get their money back for having to watch a 2005 race where tire problems sidelined 14 of 20 drivers.
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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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THE banker at the centre of Britain&#39;s biggest sex discrimination case was losing her firm almost $1ma week, a tribunal has been told.
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BERNIE ECCLESTONE sounded the death knell for the British Grand Prix when he turned down a last-minute offer to save the nation&#39;s biggest motor race.
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Formula One supremo Bernie Ecclestone is to sue Jackie Stewart, the president of the British Racing Drivers&#39; Club (BRDC), for libel in the ongoing row about the future of the British Grand Prix.
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The British Grand Prix is likely to drop off the Formula One calendar next year for the first time since 1950 after the owner of the track in Silverstone, England, said it failed to
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The High Court ruled on 6 December in favour of the three banks which own 75 per cent of F1&#39;s commercial rights being permitted to appoint directors to Formula One Holdings.
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TIME is running out for organisers of the British Grand Prix to save the race for the 2005 season, according to Formula One chief Bernie Ecclestone.
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The trade body representing the vast majority of Britain&#39;s casinos on Monday lost its High Court challenge over government plans to shake-up the country&#39;s gambling industry.
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Bernie Ecclestone may have lost the first round in court to the German banks, but the F1 supremo is preparing a counter-attack which could once again solidify his hold on the lucrative commercial rights to the sport.
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Bernie Ecclestone today faced a potential knockout blow in his fight to maintain control of Formula One racing. Creditor banks which own 75% of parent company Formula One Holdings (FOH) asked
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Bernie Ecclestone has attempted to shrug off Monday&#39;s court ruling, which found in favour of the three banks holding a 75 per cent stake in Formula One, by making a substantial cash offer to the sport&#39;s ten teams in an attempt to prevent a breakaway series
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A High Court judge ruled against Formula One supremo Bernie Ecclestone on Monday in a legal dispute with three banks that could weaken his hold on the sport.