Events

Turner Sports' parent company AOL Time Warner has axed the Goodwill Games after 15 years of competition.

The UK government will block any attempt to find a naming rights sponsor for the new national stadium to be built at Wembley as part of the plans to fund the beleaguered project.

G14, the representative body of top European football clubs, are in negotiations for each club to sell their TV rights for the UEFA Champions League on an individual basis.

Skip Barber Racing School, the world's largest performance driver training business, has been sold by the private equity fund Sports Capital Partners to First Equity Group.

World Wrestling Federation Entertainment (WWFE) will be staging a series of international live event tours in Asia, Europe and Australia in 2002, starting with a three-city tour through Asia in March.

Benfica's Luz stadium is bowing out after 50 years of being a soccer shrine - to be replaced by a state-of-the-art new venue ready for Portugal's hosting of Euro 2004.

The Women's United Soccer Association (WUSA) has been granted a release from its four-year TV deal with US cable broadcaster Turner Sports after only one season and has signed a new agreement with Pax TV.

Naming rights deals are set to take off in Europe, according to a new report published by SportBusiness Group entitled: 'How to Develop Effective Naming Rights Strategies'.

Sports information provider, Stats Inc, has signed a new deal with WGN Sports to enhance its telecasts.

The president of the International Association of Athletics Federations (IAAF) Lamine Diack has launched an attack on the organisers of the sport in the United States and Britain.

The organisers of the Formula One British Grand Prix at Silverstone have been warned that 2002 will be their last chance to get the race right.

UK recruitment company Pertemps has ended its sponsorship of Doncaster racetrack in Yorkshire, shortly before the Great Yorkshire Chase, of which it was sponsor.

The National Basketball Association (NBA) is reported to be considering an investment in a cable television channel, possibly AOL Time Warner’s CNN-SI sports channel.

English broadcasters the BBC and ITV could face difficult negotiations in trying to reach a deal over transmission of England’s 2002 World Cup matches, according to reports.

Germany’s Krombacher Brewery is to become a major sponsor of luge, following the announcement of a three-year deal with KirchSport AG.

The FA Premier League has hired sponsorship evaluation company Connexus PreciSion as its official research consultants.

The British Touring Car Championship (BTCC) has announced a two-year broadcast deal with UK broadcaster Granada Sport.

Extensive works to modernise the Hockenheim circuit, home of the German Formula One Grand Prix, should start next month.