Lawyers pick at Silverstone deal
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Now the real work begins. As a July date for the British Grand Prix appeared on the provisional calendar for the 2005 Formula One season in Paris yesterday, a 21-page document landed on the
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Bernie Ecclestone will return to court on Monday for the start of the High Court case involving Formula One Holdings (FOH) and Speed Investments.
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Formula One bosses agree a cost-cutting deal which could save the British Grand Prix.
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The boss of Formula One has said he doesn&#39;t think there will be a British Grand Prix in 2005. An argument about how much money F1 boss Bernie Ecclestone gets in return for letting the British Grand Prix happen has ended without an agreement.
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Silverstone, home of the British Grand Prix and birthplace of the Formula One world championship, has secured its place on the race calendar for the next five years.
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It would appear that as it stands there will be no F1 Grand Prix at Silverstone in 2005. As previoulsy mentioned today was effectively the deadline for the British Racing Driver&#39;s Club (Silverstone&#39;s owners
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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 British Racing Driversâ Club (BRDC), which owns Silverstone race track, has turned to the Formula One (F1) racing teams and drivers in an attempt to save the 2005 British Grand Prix.
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A deal has been worked out to save the British and French Grand Prix races for 2005. According to Autosport.com, nine of the 10 F1 teams have agreed with Formula One boss Bernie Ecclestone to shoulder the costs for the two races next season.
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Three creditor banks went to the courts to dispute the make-up of the board of Formula One Holdings, the company which runs F1. The judge ruled in favour of the banks - Bayerische Landesbank, JP Morgan and Lehman Brothers.
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The British Grand Prix at Silverstone seems certain to be reprieved after a deal between Formula One teams. Nine of the 10 teams agreed to cut testing by 50 per cent to bear the cost of two extra races at
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The owner of British grand prix track Silverstone has forty eight hours to save the historic race, F1 supremo Bernie Ecclestone declared Monday.
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Sport: Third-placed Briton turns attention to Silverstone after Raikkonen and Massa take one-two in France.
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Motorsport.com. Silverstone is apparently considering a non-championship F1 race if the British Grand Prix is axed. Bernie Ecclestone said this week that he was going to end talks
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The British Formula One Grand Prix looks set to be saved with government officials optimistic of a Friday announcement.
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FORMULA ONEâS biggest threat has appointed its own Bernie Ecclestone figure and made Silverstone a prime target in its race to set up a rival grand-prix series.
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The British Racing Drivers&#39;Club (BRDC) and FOA today announced a contractual and financial agreement which will secure the future of the Grand Prix at Silverstone for the next five years.