Formula I lawyer under the spotlight in Ecclestone hearing

Board minutes recording actions by Stephen Mullens, the former lawyer at Formula One, have been produced as evidence in the High Court civil lawsuit brought against F1 boss Bernie Ecclestone.

Ecclestone hearing receives evidence against Stephen Mullens improvize

The case has been brought by Constantin Medien, the German media group which is claiming that it lost US$140 m as a result of an undervaluation of Formula One in 2005-06. Philip Marshall QC, representing Constantin, produced board minutes of some Formula One companies which, according to The Financial Times, detailed 'efforts by Mr Ecclestone and Stephen Mullens….to limit board composition to three, including themselves'. Much of the hearing has been taken up with examining the way Mr Ecclestone handled his control of the F1 group. At one stage Mr Ecclestone said: 'If I read everything I signed I wouldn’t be able to do everything in my job. I am reliant on lawyers and accountants because I don’t have time.' The hearing continues. More details in The Financial Times.

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