Ecclestone defiant in wake of court ruling

F1’s commercial boss Bernie Ecclestone says yesterday’s High Court finding against him in London “means nothing” in the dispute between himself and three German banks.

He also says it will not see any shift in the power that Ecclestone holds over the sport.

The three banks, Bayerische Landesbank, JP Morgan and Lehman Brothers known as Speed Investments control 75% of SLEC, the holding company that owns the F1 commercial rights.