dando
11-13-04, 11:46 PM
linky (http://sports.espn.go.com/rpm/news/story?id=1921600)
Three banks -- Bayerische Landesbank, Lehman Brothers and J.P. Morgan Chase -- own 75 percent of the shares in Ecclestone's holding company, SLEC Holdings. SLEC owns the myriad of companies that run F1.
A victory by the banks would loosen Ecclestone's control over a sport he has run for 25 years, amassing a fortune estimated at $3.7 billion. GPWC Holdings is trying to wrest control of the sport from Ecclestone and run the series beginning in 2008.
:cool:
-Kevin
Three banks -- Bayerische Landesbank, Lehman Brothers and J.P. Morgan Chase -- own 75 percent of the shares in Ecclestone's holding company, SLEC Holdings. SLEC owns the myriad of companies that run F1.
A victory by the banks would loosen Ecclestone's control over a sport he has run for 25 years, amassing a fortune estimated at $3.7 billion. GPWC Holdings is trying to wrest control of the sport from Ecclestone and run the series beginning in 2008.
:cool:
-Kevin