Events

There will be no United States Grand Prix at the Indianapolis Motor Speedway on the 2008 Formula One schedule after a mutual agreement between Indianapolis Motor Speedway CEO, Tony George, and Formula One Management CEO, Bernie Ecclestone.

Russian officials announced yesterday that the Sochi Olympic Organising Committee (SOOG) will be established as early as September, 2007. The same day, the Sochi 2014 Bid Committee announced its next steps for the transition period.

The port city of Qingdao was tofficially confirmed as the China stopover for the 2008-09 Volvo Ocean Race with the signing of an agreement between race organisers and the Qingdao Municipal Government.

ICC Cricket World Cup West Indies 2007 Inc. said that thanks to hosting the ninth ICC Cricket World Cup the current West Indies Cricket Board financial deficit would be eliminated.

The Motor Sport Business Forum added new events set for Asia and the Middle East. As well as the regular Forum event in Monaco in December, the motor sport conference and exhibition will take place in Asia in 2008 and the Middle East in 2009.

The huge celebrations following Sochi’s triumphant bid for the 2014 Winter Olympic and Paralympic Games have finally died down and in the quiet period of reflection that has followed, the Olympic family’s thoughts have switched to how Russia can deliver the visionary and innovative Games that have been promised.

The huge celebrations following Sochi’s triumphant bid for the 2014 Winter Olympic and Paralympic Games have finally died down and in the quiet period of reflection that has followed, the Olympic family’s thoughts have switched to how Russia can deliver the visionary and innovative Games that have been promised.

US motorsports company International Speedway Corporation [ISC] has made a series of executive promotions to integrate its sales, marketing and event production efforts.

The potential of social networking websites to suck value out of sports will be discussed by leading figures in the international media and marketing sectors when they meet for the first International Sports Media Summit in London on September 27.

America’s Cup winning Alinghi Skipper, Brad Butterworth said the cup should stay in Europe after the success of Valencia raised the event’s popularity and visibility.

Texan Businessman, Alan Stanford will invest $100 million (£46.9 million) in West Indies cricket over the next three years.

The Greek island of Rhodes will play host to the triathlon world after being added to the 2007 BG Triathlon World Cup series.

The Tennis Masters Cup, now re-named the ATP World Tour Final, will move from Shanghai to the 20,000 capacity London O2 arena in 2009.

Organisers of The Open say the winner of golf’s major will pocket an increased prize cheque of £750,000.

Qatar is hot favourite to host the 2011 Asian Football Confederation Asian Cup now that India has formally withdrawn its interest in hosting the event.

The 2010 World Cup local organising committee came out in support of the South African Premier Soccer League’s decision to award its TV rights to pay-broadcaster SuperSport.

The International Softball Federation (ISF) is working to get the International Olympic Committee (IOC) to reinstate women’s fast pitch softball to the programme for the 2016 Summer Games.

Israel has launched a six-team professional baseball league with more than 3,000 fans turning out for the inaugural match.