Ecclestone ruling is reserved

A High Court judge in London has reserved his ruling on a case that could lead to Bernie Ecclestone losing control of Formula 1 racing.

Three creditor banks have disputed the make-up of the board of Formula One Holdings (FOH), the company that runs the circuit.

Mr Ecclestone’s family trust firm has a majority on the FOH board, despite only owning 25% of its parent firm.