Ecclestone reaches banks agreement

Bernie Ecclestone and three banks have agreed an out-of-court settlement in the latest instalment in the battle for control of Formula One.

Ecclestone reaches banks agreement
Wed, 23 Mar, 2005 - 18:01

Bernie Ecclestone and three banks have agreed an out-of-court settlement in the latest instalment in the battle for control of Formula One.

The banks, Lehman Brothers, Bayerische Landesbank and JP Morgan, won the last legal battle to seize control of Ecclestone’s Formula One Holdings company.

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Anthony Daly
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