Events

Cash-strapped Stadium Australia has confirmed that the redevelopment of the stadium will not be completed in time for the debut match of Australian Football League team Sydney Swans due to take place on February 17 next year.

The Winter Olympic Games and the World Cup should help the beleaguered advertising market see some signs of recovery, according to leading global media planning and buying agency Zenith Optimedia, whose forecasts are closely watched by the industry.

The naming rights value of Enron Field, home of the Houston Astros, could be worth more to the bankrupt energy company Enron Corp than many of its energy-based assets, a US sports attorney has said.

Speedway Motorsports has struck a long-term food and hospitality agreement with two major US concession companies for its motorsports operations.

According to reports, US broadcaster Fox still has a surplus of advertising inventory to sell for its February 3 broadcast of Super Bowl XXXVI from the Louisiana Superdome next year.

Australian television network Seven has been given shareholder approval to takeover the Colonial Stadium in Melbourne.

Octagon UK has been appointed by Vodafone to boost its sponsorship of the Ferrari Formula One team.

FIDE, the official governing body for chess world-wide, and its marketing consultancy, Octagon UK, have expressed their "disappointment" at the demise of a rival online chess tournament.

General Motors and the NFL have signed a new partnership deal.

Media reports claim Irish millionaires John Magnier and JP McManus are seeking to snap up the rights to broadcast the official Manchester United soccer club channel - MUTV - in the Caribbean.

Clear Channel Entertainment has been selected to produce the E*Trade halftime show for Super Bowl XXXVI in New Orleans.

Fast Track, the marketing and events agency founded by Alan Pascoe, has been retained by UK Athletics as its marketing, event and sponsorship partner for a further five years.

The Major League Baseball Executive Board continue talks to solve the contraction issue, key personnel in the broadcast industry gather at the Asian Television Forum and the International Paralympic Committee elect a new president.

US-based online sports ticket exchange company, TicketAdvantage, has launched an internet market place that matches season ticket holders with single game ticket buyers.

NBC will broadcast selected events at the upcoming 2002 Olympic Winter Games from Salt Lake City in a high definition digital format.

Sports' ability to suffer from the fortunes of its backers were once again highlighted this week when energy giant Enron - which owns the naming rights to the home of baseball's Astros looked set to complete one of the most dramatic collapses in business history.

Britain's fading hopes of hosting the 2005 World Athletics Championships disappeared last night after Sheffield announced it had ditched its bid for the event.

BSkyB’s dominance in the UK will give it significant negotiating leverage over the Premier League television rights when they come up for renewal in 2004, according to investment bank Lehman Brothers.