North America
Business

Following a flat year on the business side of the US motorsports industry, H.A. "Humpy" Wheeler, president and chief operating officer of Speedway Motorsports, Inc, has said that the growth experienced by the industry, and NASCAR Winston Cup racing in particular, during the 1990s will resume in 2001.
Business

Athens Olympics organisers (ATHOC) are forecasting revenues from TV rights for the 2004 Games will rise 16.5 percent from the Sydney figure to $800 million.

New uniforms, a Super Bowl victory, and several high-profile players have helped make St. Louis Rams merchandise the top-seller this holiday season at eFANshop.

Former NBA star Michael Jordan has been unanimously approved as a partner in the group that owns the Washington Capitals.
Business

September's Sydney Olympics should be a financial success after being praised worldwide as the greatest Games in history, Olympic leaders said on Tuesday.
Business

The NHL has awarded the 2003 All-Star Game to the Florida Panthers.

A Boston jury had found that Major League Soccer does not have an illegal monopoly that depresses players salaries.

The Supreme Court has agreed to hear boxing promoter Cedric Kushner?s argument that he can sue rival promoter Don King for racketeering.
Business

Major League Soccer claimed a legal victory on Monday when a jury unanimously decided that the six-year-old league was not an illegal monopoly and had not limited players' salaries.
Business

Dallas-based investment firm Hicks, Muse, Tate & Furst is to slow down its Latin American acquisitions programme, according to US press reports.
Stadia

The New York Jets have circulated architectural plans in support for a 75,000-seat football stadium on the west side of Manhattan.
Business

Major League Soccer (MLS) has incurred $250 million in losses since the league?s inception in 1995, the league revealed during an antitrust lawsuit brought by players against the league.

Minnesota Timberwolves owner Glen Taylor has agreed to be suspended until next September after violating the salary cap.
Business

Mark Bingham, currently senior vice president of marketing and broadcasting at the New York Mets has been appointed as president of Octagon's US marketing division.
Business

Los Angeles has made a bid to host the summer Olympic Games for an unprecedented third time, saying it had the finance, facilities and experience that would allow Olympic officials to "sleep at night."
Media

Websites have already established themselves as the fundamental means of communication for sports teams beyond their national boundaries, disintermediating the need for broadcasters, according to evidence presented by speakers at the IOC New Media Conference in Lausanne.
Media

SportsLine.com CEO and founder Mike Levy cast a doubt on the value of team web sites when he told delegates it was doubtful SportsLine would renew its association with the San Francisco 49ers web site.
Business

The 2001 Grand Prix of Miami, the debut of Indy Racing in South Florida, will be sponsored by automaker, Infiniti.