Middle East

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.

A four-man inspection team from the Olympic Council of Asia (OCA) has seen what Malaysia has to offer as potential hosts of the 2006 Asian Games.

The future of London First Division soccer club Crystal Palace seems secure after a new company - led by millionaire Simon Jordan ? took over the club.

Honda has confirmed that it will be supplying engines to British Formula One team Jordan next season.

Retired basketball star Michael Jordan proved himself just as formidable in a courtroom as on the courts when a federal judge ruled in his favour in a dispute with restaurateurs over exclusive Chicago rights to his name.

A major F1 team has launched a CD-ROM offering comprehensive multi-media content for sale in UK high?street stores.

Michael Jordan, the Washington Wizards? president of basketball operations, has appointed two possible candidates for the position of coach to head-office positions.

Jordan Grand Prix has launched a new official web site ? www.fijordan.com ? to coincide with the team?s 150th Grand Prix event.

Basketball legend Michael Jordan will withdraw gradually from the product endorsement arena as he makes the transition from superstar athlete to businessman, several companies have said.