Jordan

Within two weeks, Alain Prost’s Formula One team could become the first F1 team to cease trading, according to close sources.

UK-based motorsports marketer, the Podia Group, has reached a conditional agreement to acquire certain Formula One apparel licensing and merchandising agreements belonging to US-based Action Performance Companies (API).

In the face of fears over an economic crisis for the sport, a clutch of Formula One teams have bought equal shares in GPT, a private company that will look to exploit sales of team merchandise more efficiently.

Williams, the England-based Formula One team, reported a profit for the year of £10.2m ($14.8m/B

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

Formula One is not recession-proof and the big and successful teams need to help the smaller ones to survive the coming crisis, team owner Eddie Jordan (pictured) has warned.

Formula One team Jordan is relaunching its website in a bid to provide sponsors, media and fans with more information during the racing off-season.

As predicted by sportbusiness.com last week, US broadcaster NBC has restructured its schedule to show live coverage of Michael Jordan's return to the NBA.

The return of Michael Jordan to the NBA is set to prompt a re-arrangement of televised games.

English soccer club Crystal Palace is trying to establish a partnership with Walt Disney World to become the entertainment giant's official football club.

Michael Jordan has been showing the youngsters how it is done in Washington Wizard workouts, but the 38-year-old team president is holding off on a decision about returning to the court for the NBA team.

No sooner had the Boston Globe reported that Michael Jordan's National Basketball Association comeback could begin on July 16 at an NBA summer camp, than NBC television doused the news with their own report of a Jordan denial.

The Philadelphia 76ers’ surprise victory over the Los Angeles Lakers in the first game of the NBA Finals boosted US broadcaster NBC’s previously flagging coverage of the sport. The tie last Wednesday night averaged 18.6 million viewers, according to Nielsen Media Research.

The impact of Michael Jordan’s return to the NBA is not set to have a significant influence on the sport – according to the hundreds of sport industry executives voting in our online poll.

Cyclist Lance Armstrong is the third most recognised American athlete in the US after Michael Jordan and Tiger Woods, the US Postal Service, sponsors of the Tour de France, said today.

Basketball legend Michael Jordan, who revolutionised the commercial potential of athletes, has confirmed reports that he was injured in an accident in a pick-up basketball game last Wednesday in a Chicago gym.

According to Nielsen Media Research, the television ratings for this year’s NBA Finals are the best since Michael Jordan’s swan song in 1998. The 2001 Finals averaged a 14.8 rating with a 25 share of audience.

Like millions of basketball fans, Gatorade is eager to see if Michael Jordan will return to the game.