Ecclestone shrugs off court defeat with $500m offer
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BERNIE ECCLESTONE last night stood defiant as the attempt to loosen his grip on Formula One intensified with a court verdict that handed three banks control of 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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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;.
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Motorsport.com. Bernie Ecclestone said the British Grand Prix is unlikely to go ahead in 2005, as an agreement cannot be reached with the British Racing Drivers&#39; Club (BRDC).
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Henry Ford once said that his factories didn&#39;t make cars, &quot;they make money.&quot; It is a philosophy Bernie Ecclestone would surely understand more than most after his surgically dispassionate decision yesterday not to include the British grand prix on the
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In yet another attempt to put an end to the 2005 Formula 1 schedule-mystery, Bernie Ecclestone has set a 48-hour deadline upon the owners of the Silverstone circuit to sign a contract for next year&#39;s British Grand Prix.
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The BRDC are apparently not willing to pay the full requested fee to Formula One Management to host the Grand Prix. &quot;We&#39;ve made an offer which is very reasonable, based on sane economics,&quot; the BRDC&#39;s chief executive Alex Hooten said.
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Sport: New Delhi is set to host a grand prix in 2009 after a preliminary deal was agreed with Bernie Ecclestone.
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A judge rules against Bernie Ecclestone in a legal dispute that could see him lose control of Formula One racing.
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The British Grand Prix could be on next year&#39;s schedule even though a financial dispute with Formula One head Bernie Ecclestone threatens to derail the race.
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Bernie Ecclestone lost a UK High Court ruling today that may erode his 23-year grip on Formula One, marking a victory for a group of banks that seeks more influence over the world&#39;s most-watched motor sport.
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&quot;We have not reached an agreement with Bernie Ecclestone, and we are absolutely not ready to accept that there is not a better redistribution among the teams of the money generated by F1,&quot; Faure said.
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LONDON : A consortium, including former world champion Nigel Mansell, claims it has agreed terms to ensure Silverstone remains one of the venues for the 2005 Formula One world championship.
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Formula One supremo Bernie Ecclestone confirmed on Friday that he has closed a deal for the Spanish city of Valencia to hold a grand prix on a brand new urban circuit next year.
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Bernie Ecclestone&#39;s 30 years of iron rule over formula one appeared to be at an end last night after a high court judge ruled in favour of three banks who had challenged the billionaire&#39;s right to run the sport as a personal fiefdom.
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The British Racing Drivers&#39; Club has come to a financial agreement with Bernie Ecclestone which will keep the British Grand Prix at Silverstone on the F1 calendar for the next five years.
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Ferrari's rivals agreed at a meeting on  Tuesday not to rush into a new commercial agreement with  Formula One supremo Bernie Ecclestone.