News

Major League Baseball owners has voted unanimously to approve the sale of the Montreal Expos to a group headed by New York art dealer Jeffrey Loria.
Business

One of CART?s longest standing major sponsors ? PPG Industries Inc ? has pulled the plug on a sponsorship agreement it has held with the sport since 1980.

NASCAR venue Richmond International Raceway has been sold in a multi-million dollar deal.
Stadia

Trading started today in shares in the 365 Corporation ? the Internet content provider behind a number of key sports site.
Events

UK Minister of Sport Kate Hoey and government officials are examining the terms of Wembley's #120 million lottery funding to see if the money should be paid back by Wembley National Stadium Limited (WNSL), a subsidiary of the Football Association.
Business

Intel Corporation and CSI, Inc., the makers of facility-based entertainment networks, have signed a development agreement to advance CSI's ChoiceSeat technology, which provides an interactive experience to sports fans.
Events

British broadcaster BSkyB has appointed Simon Green as general manager of Sky Sports Ventures.
Business

Quokka Sports has appointed Timo Lumme as Assistant General Manager for Europe.

Joe Ndhlela, chief executive of the South African Premier Soccer League (PSL), has appeared in court on fraud and corruption charges.

United Racecourses (Holdings) Ltd, which owns and manages UK race tracks such as Epsom Down, Sandown Park and Kempton Park, has appointed Peter Deal as a new non-executive director.
Media

Fininvest, the holding company of Italian media tycoon Silvio Berlusconi, has taken a minority shareholding in Sportal, the UK-based internet sports content company, according to a Financial Times report.
Stadia

The England bid for the 2006 World Cup will not be undermined by the British Government?s rejection of the plans for the new Wembley Stadium ? despite the venue being the jewel in the bid?s crown.
Events

Soccer's international governing body FIFA has unveiled a trio of computer-animated fantasy mascots for the next World Cup in what it said was a move to reflect the high-tech reputation of co-hosts Korea and Japan.

Nikolai Tolstykh, president of the Russian Professional Football League since 1992, has been unanimously re-elected for another three-year term when the other four candidates stepped down.

Ferrari is set to unveil its new car for the 2000 Formula One world championship on January 25 at its Maranello headquarters, Michael Schumacher's spokesman said on Tuesday.
Business

Bundesliga director Wilfried Straub has described reports that the broadcast rights to the Bundesliga will be sold exclusively to pay TV next season as "premature".
Media

English Premier League club Manchester United remain the world's richest soccer club but Spanish and Italian rivals could overtake them soon as the gap between the top clubs starts to close, according to a financial survey published today.
Business

The first merger of a baseball and basketball team has won conclusive approval, when baseball owners unanimously endorsed the merger between the New York Yankees and New Jersey Nets, which had already been approved by the NBA.
Business

UK-based sports photo agency EMPICS has appointed Graham Cross as its new managing director.
Business

Bolle Inc, the sports sunglasses and other eyewear manufacturers, has agreed to be acquired for $5.25 cash per share by privately held Worldwide Sports & Recreation Inc., a maker of sports optical products.