Italy

UK-based sports marketing company Fast Track has taken on the management of new sailing event, Europrix.

Italian Serie A team AC Parma says visits to its official website have more than trebled since management of the site was taken over by MP Web - the new media arm of marketing company Media Partners.

Communications research company Sport+Markt has opened a new office in Poland.

Italian firm Media Partners has reported a record rise in visitors to the website it runs for Serie A giants AC Milan.

MP Web, the new media arm of Italian marketing firm Media Partners, has clinched a deal to handle the exclusive management of the Sampdoria official website.

Kit supplier Lotto has signed a six-year sponsorship deal with the Yugoslavian soccer federation.

European sports channel ESPN Classic Sport has signed a new rights deal for archive Olympic footage.

Italian sports marketing firm Media Partners is to open a new office in Asia, it will announce this week at Sportel.

Martina Hingis’ $40m lawsuit against sportswear firm Sergio Tacchini has been dismissed by a US Supreme Court judge.

Brazilian soccer ace Ronaldo reportedly paid $5million (EUR5.1m) of his own money to compensate Inter Milan for lost sponsorship revenue in a bid to secure his $48m (EUR48.95m) transfer to Spanish giants Real Madrid.

The IAAF has confirmed the six cities to host the 2003 Golden League athletics series.

Motor sport's governing body the Federation Internationale de l'Automobile (FIA) has confirmed that it will not take any legal action against the Arrows team for failing to participate in recent Formula One events.

Beleaguered Formula One racing team Arrows could miss this weekend's Grand Prix in Italy if it fails to to pay an estimated £1.7million ($2.6m/B

A compromise by the top six clubs in Italy means that a further delay to the new season has been averted.

According to reports this morning, cash-strapped Formula One team Arrows has paid off one of its creditors ahead of a winding-up petition due to go before the High Court today.

The future of Formula One team Arrows is expected to be decided this week as it looks to secure a major financial deal with US mining tycoon Cal Smith prior to facing a winding-up order from London's law courts tomorrow.

Italian sports information technology firm Delta Tre has formed a new company aimed at sports federations and rights-holders.

The TV row which caused a delay to the kick-off of Italy's domestic soccer leagues - including the lucrative Serie A - is close to being solved after new deals were put before the clubs involved.