North America
Global slowdown puts brakes on F1 sponsorship
In recent years, the meteoric rise of technology, telecom and media (TMT) shares on the world's stock markets has changed the face of Formula One sponsorship. The recent downfall in the sector is now hurting the sport as it struggles keep sponsors.
Astros president to resign at end of season
Bob McClaren, the president of business operations at baseball club Houston Astros, will leave the franchise at the end of the season.
NFL Quarterback club invests in field turf
The NFL Quarterback Club has made a financial investment in Canadian artificial grass manufacturers FieldTurf as part of a larger investment in the company by AIG Horizon Partners, LLC
Maris family, Anheuser seek new calls in lawsuit
The family of baseball legend Roger Maris and brewing giant Anheuser-Busch Cos. Inc. are both contesting a decision that awarded the family $50 million in a Florida lawsuit against the Budweiser brewer.
IOC member says letter not sour grapes
A letter Dick Pound wrote to key Olympic broadcasters and sponsors shortly after his loss in the IOC presidential election was not sour grapes, the Montreal lawyer said Tuesday.
Real life Jerry Maguire accuses partner of blackmail and fraud
Sports agent Leigh Steinberg, who was the inspiration behind the Hollywood film character Jerry Maguire, has accused his former partner David Dunn of stealing his clients through blackmail and fraud.
Security call for cricket venues
Tighter security is needed at "non-regular cricket venues", according to the chief investigator of the sport's Anti-Corruption Unit (ACU).
Record prize pot put up by PGA
A record first prize of $936,000 will be handed to the winner of this week's PGA Championship at Atlanta Athletic Club.
British Eurosport hits athletics ratings high
Satellite channel British Eurosport scored its highest ever TV ratings for its coverage of the World Athletics Championships from Edmonton, Canada.
Sonics sign new TV deal and prepare new look
NBA team the Seattle Sonics is to unveil a new team logo and strip next week in a bid to reflect the change in management and whip up support in the team – and has just signed a new exclusive TV deal.
Argentine season set to kick off after strike
The Argentine domestic season will finally get under way at the weekend two weeks later than planned after the second players' strike of the year delayed the start.
Galaxy sports launched as public company
Galaxy, the amalgamated company of Umbro Canada, Umbro Factory Outlet, and NNA Sports Marketing, has completed its reverse takeover of Galaxy Energy Corp and will trade on the Canadian Venture Exchange (CDNX).
Toronto faces Masters series threat
Toronto could lose the $2.95million (B
US Women’s soccer fans turn up but don’t tune in
The US women’s soccer league is heading into the end of season play-offs for its inaugural season having exceeded attendance expectations, but it has fallen short in the television ratings.
Wembley has shortlist of complex bidders
London stock market-listed entertainment company Wembley has said the sale of Wembley complex is progressing and a shortlist of bidders has been drawn up.
AEG Invests in Swedish soccer and hockey clubs
Anshutz Sports & Entertainment Group (AEG), the owners of the National Hockey League team the Los Angeles Kings and Major League Soccer club LA Galaxy, will invest in two Swedish clubs to expand its sporting assets outside the US.
Chinese consortium wins Hanoi stadium contract
A Chinese-led consortium has won the contract to build a new stadium in Hanoi, Vietnam, as the venue for the 2003 Southeast Asia Games.
Sponsor to sue Nascar and Fox over lack of coverage
US restaurant chain Cracker Barrel is suing NASCAR and host broadcaster Fox over a lack of coverage for the firm’s title sponsorship of the Atlanta race held in March.