Manchester City owner Sheikh Mansour bin Zayed Al Nahyan, a member of the Abu Dhabi royal family with a reported fortune of £15 billion, toppled Roman Abramovich in British football's rich list.
The IAAF advisory board, headed by IAAF president Lamine Diack, will meet in the first week of February to review proposals for a restructured and extended Golden League from 2010.
Car-maker General Motors Corp. renewed its long-standing sponsorship of the Daytona International Speedway and its signature Nascar race, the Daytona 500.
Current Formula One constructors champions Ferrari said they were prepared to supply engines to whoever takes over the Honda team.
Donington Park, the track taking over from Silverstone as the venue for the British Grand Prix in 2010, needs to raise almost £40 million to upgrade the track and facilities in time to host the race.
Konica Minolta Business Solutions (UK) Ltd agreed a deal to become Official Supplier of UK Athletics Major Events for printers, copiers and faxes until September 2013.
Drinks brand Gatorade agreed a deal to become the first isotonic beverage sponsor of action sports athletes and properties.
The owners of English Premier League club Liverpool have been given an extra six months to pay back a £350.5 million debt owed to lenders the Royal Bank of Scotland and Wachovia.
The IAAF said that its aims for 2009 include the launch of a new IAAF brand and branding system, further improving TV and sponsorship sales and delivering better stadium and city branding at major eve