Japan

Canadian terrestrial broadcaster CBC is close to securing a deal for the TV rights to the 2002 World Cup, according to sources close to the negotiations.

Insurer AXA says it has launched talks with soccer's governing body FIFA but was still uncertain of restoring cover for the 2002 World Cup after cancelling a deal due to higher terror-related risks.

The Sepang Formula One circuit is poised to become the hub of Asian motor sports if plans to make it an F1 test circuit are approved.

An international hockey event set for New Delhi in December has been moved out of India because of security concerns.

The World Club Cup, the annual soccer fixture between the club champions of Europe and South America, will take place in Tokyo next month as scheduled, Japan Football Association (JFA) officials have confirmed.

The BBC and ITV have secured a deal with Kirch for the rights to both the 2002 and 2006 FIFA World Cups - snapping them both up for less than the original asking price for next year's event.

Australian athletics officials are reported to be outraged by the revelation of a 'secret' undertaking by the IAAF that three of the next four World Athletics Championships will be held in Europe or a city in a European time zone.

Joseph E Gibbs, co-founder and president of The Golf Channel, has resigned from his post effective from the end of the year.

UK terrestrial television networks the BBC and ITV are on the verge of signing a record £100m ($145m/B

UK terrestrial television networks the BBC and ITV are on the verge of signing a record £100m ($145m/B

The Radio Advertising Bureau (RAB) is promoting radio as the primary medium for World Cup advertisers given the time-zone difference between the UK and host nations, Japan and South Korea.

A solution to the soccer World Cup insurance crisis looks set to be resolved after insurance giant AXA said it anticipated reaching a new agreement with FIFA.

German media group, KirchMedia has recorded a strong first half performance in its financial results for the six months to June 30, 2001.

German media group, KirchMedia has recorded a strong first half performance in its financial results for the six months to June 30, 2001

Honda has said it will stop supplying engines for the CART motor racing series at the end of the 2002 season.

Insurance firm AXA is seeking to renegotiate its $850m (B

VIP ticket deals for next year's World Cup in South Korea and Japan went on sale this week with up to 21 different packages on offer.

European soccer's governing body, UEFA, has five million Swiss francs ($3.08 million) available to compensate clubs who lost money as a result of their Champions League matches being postponed after the September 11 attacks in the United States, chief executive Gerhard Aigner said.