Events

British motor racing tycoon Bernie Ecclestone's plan to float his Formula One empire hit another obstacle on Wednesday when the European Commission said F1's exclusive media contracts broke European competition law.

The decision by English soccer giants Manchester United not to compete in this year's FA Cup competition and opt for FIFA's World Team championship, has been blasted by fellow Premier League teams.

The Polish soccer federation (PZPN), has elected Michal Listkiewicz, as their new president.

FIFA has said Manchester United's decision to take part in its World Team Championship will not make any difference to England's bid to host the 2006 World Cup.

Pay per view television events in Australia are set to rocket to the same levels as in the States, according to Foxtel chief executive Tom Mockridge.

Soccer may be the global game but UEFA have updated regulations that prevent "foreign" matches being broadcast at peak times during domestic programmes.

Neil MacDonald, formerly General Manager of Internet Multimedia Services at British Telecom has joined Pangolin, the leading independent provider of European sporting content on-line, as Chief Operating Officer (COO).

The decision on where soccer's 2006 World Cup Finals will take place has been postponed by four months, world governing body FIFA has announced.

A vice-president of world soccer governing body FIFA has blasted the decision to delay the vote on who will win the battle to host the 2006 World Cup.

International Speedway Corporation (ISC) has reported record results for the second quarter and six months ended May 31, 1999.

Shares in European champions Manchester United have risen following reports that a group of investors were preparing to buy a large chunk of the stake held by chief executive Martin Edwards.

In a move which extends the provision of financial services for the corporate client at sports events, Reuters have signed a co-marketing agreement with the New York Mets for the 1999 season.

Asia is threatening to walk out of this week's FIFA congress and says it will boycott the qualification period for the 2002 World Cup over the continuing row over tournament berths.

Lighthouse Holdings, investors in an international portfolio of marketing services companies, has acquired the Honolulu-based sports marketing company Sports Producers Hawaii (Sports Pro).

The European Commission has opened formal proceedings into Formula 1 and other international motor racing series.

A new 'bid acceptance' procedure is set to be established for cities hoping to stage an Olympic Games, as the IOC continues to ensure no future repeat of the Salt Lake City scandal.

The US Tennis Association and American International Group (AIG), the US-based international insurance organisation, has signed a multi-year agreement to sponsor the US Davis Cup tennis team.

UPS are to sponsor the US men's and women's water polo teams in the lead-up to the 2000 Olympic Games.