MENA

MVP.com, the online sporting goods seller backed by three of North America's most famous athletes, has been dropped by CBS Sportsline.com as its e-commerce partner.

Tyre makers Michelin, returning to Formula One next season, have expressed concern about supplying Prost in 2001 because of the French team's engine deal with Ferrari.

Jordan Grand Prix has signed a three-year extension of its support from the IT company that has been associated with the team for over a decade.

Octagon Marketing has secured a major renewal contract with Europay International to manage their European sponsorship properties.

Forbes.com has estimated that Formula One champion Michael Schumacher was already the leading earner in sport ? even before his victory in the Japanese Grand Prix last Sunday.

SFX Sports Group UK players? agent Jon Holmes has told Europe?s biggest soccer clubs that their objections against an EU ban on transfer fees are based on self-interest, rather than protection of smaller clubs.

Mugen-Honda, the Formula One engine suppliers, may stay in the sport next season contrary to widespread speculation that they were pulling out, team boss Hirotoshi Honda has said.

Nike chairman and CEO Phil Knight has named Mindy Grossman as global vice president of apparel.

The #11million ($17m) management buy in of the global rugby brand James Gilbert Limited has been supported by a major private equity company

Tiger Woods, who last week extended his marketing tie with sports gear giant Nike in one of the biggest endorsement packages ever, may surpass Babe Ruth, Michael Jordan or Pele as a celebrity endorser.

The world championship returns to "the brickyard" for the first time for 40 years on Sunday.

Team boss Eddie Jordan says he was the voice behind a move to ban Formula One activity in August.

The tension-filled final day?s play of the PGA Championship boosted ratings to their highest level for the event since 1971.

SportsLine.com CEO Michael Levy expects this year?s revenue levels to be around a hundred million dollars - and the company to break even on a cash flow basis in its U.S. operations by the fourth quarter.

Coca-Cola, one of the biggest names in sports sponsorship, is in talks with some of Formula One's top teams, believed to include Benetton and Jordan, with the aim of entering F1 racing sponsorship for the first time.

The British American Racing (BAR) team has said they will continue to use Bridgestone tyres next season.