SportBusiness Staff
Stadia

The first phase of modernisation work on the famous Sears Point Raceway, due for completion by 2001, can be viewed by fans over the internet. By accessing www.searspoint.com surfers can monitor the progress of the project.
Business

The Paris prosecuting office has launched a "preliminary enquiry" into doping allegations about the U.S. Postal cycling team, whose leader is double Tour de France winner Lance Armstrong, legal sources said.
Business

Welsh rugby has landed a new sponsorship deal with British telecommunications firm Redstone Telecom plc. The four year deal means that the Redstone logo will appear on the red shirts of all Welsh international sides, including the A team and Sevens teams.
Business

Kenya is to host an international squash tournament sponsored by Lucozade Sport with 32 contestants from all over the world expected to compete.
Events

eSynch Corporation, a supplier of technological services for the streaming media and video-on-demand markets, has partnered SurfingSports.com to broadcast extreme sports videos to broadband internet users.
Business

Manchester United?s existing kit sponsors Umbro are reported to be furious that United?s record-breaking deal with Nike has become public knowledge, according to UK press reports.
Business

Real Madrid members have approved the largest budget in the history of Spanish football at the first general assembly called by new president Florentino Perez.

Deutsche Bank has taken a 10.26 percent stake in newly-listed soccer club Borussia Dortmund to stabilise its share following a recent sharp decline.
Stadia

ESPN Internet Group has launched ESPNdeportes.com, a Spanish-language sports site serving the Latin American and U.S. Hispanic communities.
Business

Voters in Houston will decide today whether to build a new $175 million basketball arena.