South-East Asia

Malaysia is set to take up the showpiece season-ending slot on the Formula One calendar from 2016, while Bernie Ecclestone, chief executive of the motor racing series, has stated the future status of the Italian Grand Prix remains up in the air.

Thai businessman Bee Taechaubol, who recently struck a deal to acquire a significant shareholding in Italian Serie A football club AC Milan, has now invested in Sport Events International, the holding company of a series of sports event properties.

Football Association of Thailand (FAT) president and former Fifa Executive Committee member, Worawi Makudi, has said he will appeal after being found guilty of forgery during his 2013 re-election campaign for his leadership position in Thai football.

Vietnam is set to feature in the Clipper Round the World Yacht Race for the first time after event organisers struck a deal for the country to stage an event during the 2015-16 edition of the sailing series.

The Philippine Olympic Committee (POC) has formally accepted taking on the hosting rights to the 2019 Southeast Asian Games, with officials stating that they do not intend to develop many new facilities for the multi-sport event.

Marketing communications and advertising group The Mission Marketing has launched a new standalone sports and entertainment agency in the form of Mongoose.

Singapore sports officials have stated the city-state’s successful hosting of the 2015 SEA Games is unlikely to lead to efforts to secure a future edition of the Asian Games, with the continent’s multi-sport showpiece not fitting in with the strategy for attracting sports events.

Senior South East Asian Games Federation (SEAGF) executive Chris Chan has said that the Philippines is currently the only realistic candidate to replace Brunei as host of the 2019 edition of the multi-sport event.

Brunei has given up its hosting rights for the 30th South East Asian (SEA) Games multi-sport event in 2019.

Australian motor racing series V8 Supercars is set to return to the Asian market after signing a four-year heads of agreement to stage a championship round on the streets of Kuala Lumpur.

The Olympic Council of Asia (OCA) has delayed a decision over whether cricket will feature as part of the 2018 Asian Games multi-sport event in Jakarta.

Advertising and public relations giant WPP is launching a new sports marketing agency through GroupM, its global media investment management company.

The Badminton World Federation (BWF) has awarded the hosting rights for forthcoming flagship events to Spain, Indonesia and India.

The International Weightlifting Federation (IWF) has assigned hosts for two of its major competitions in 2017, with North Korea failing in its bid to host its first significant global sports event in over three decades.

Malaysia has been selected to host the next three editions of the Women’s World Squash Championship, from 2015 to 2017.

Singapore has been confirmed as a host city on the schedule for the 2015-16 World Rugby Sevens Series.

Indonesia is set to retain its hosting rights to the 2018 Asian Games multi-sport event after the Indonesian National Sports Committee (KONI) agreed to drop the use of the Olympic rings in its logo.

Soft drinks giant Coca-Cola is to purchase a 10 per cent equity stake in the International Premier Tennis League (IPTL), according to Indian newspaper the Economic Times.