North America

Minardi chairman Gabriele Rumi says he has sold his 70 percent stake in the Italian Formula One team to the Pan American Sports Network International (PSN) cable and satellite company.

US-based Scheer-Stern Development and The Stadium Game have merged to form ScheerGame Sports Development,LLC, a turnkey sports and entertainment venue development company.

The official Olympic Games internet site has already attracted 7.2 billion hits, surpassing the original estimate of 6.5 billion with six days of competition still remaining.

NBCOlympics.com has been ranked as the leading Olympic web site in the United States through the first six days of the Olympic Games, according to Nielsen/NetRatings.

China's largest mobile phone company has postponed plans to begin charging customers for wireless internet service, citing slack demand.

Britain's five-times Olympic rowing champion Steve Redgrave is hoping to launch a new Formula One-styled championship for the sport.

The Dallas Cowboys? plans to relocate its training camp to the Rio Grande Valley next summer are off because the project's developer deems it "impossible" to meet a July 2001 deadline.

International Olympic Committee (IOC) officials have accused the United States of covering up doping cases among U.S. athletes for more than a decade.

New York Gov. George Pataki has balked at letting the Yankees baseball team quit their fabled home in the Bronx and move into a gargantuan new stadium which the mayor of New York City wants to build on Manhattan's West Side.

The New York Giants have replaced the centre section of its new grass field, prior to Sunday night?s game against the Washington Redskins.

The Atlanta Sports Council has appointed Wain Kellum, CEO of e-business solution provider Extreme Logic, to the executive board of the first annual Horizon Awards set up to honour leaders and innovators in sports business and web sports.

A Silicon Valley venture capital firm which helps professional athletes channel cash into high-tech investments has raised an additional $150 million in financing and signed up football great Joe Montana as a general partner.

Negotiations between the New York Yankees and Madison Square Garden Network (MSG) over a new broadcast contract have been postponed beyond the deadline set by the two parties for the beginning of this week.

NBC, responding to viewer complaints, has dropped a commercial for Nike sports shoes and clothing featuring a female Olympic runner being pursued by a chain saw-wielding man.

The Rose Bowl in Pasadena is to play host to the Hollywood premier of a new film revolving around American football.

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.