Events

The European Commission has said the results of a probe into how the Formula One championship and other big motor racing events are run was not expected before the end of the year.

Australian Aborigines plan to invite their indigenous brothers and sisters from around the world to an Olympics-style festival in the Sydney 2000 stadium.

Cambodia has not paid subscriptions to two shooting federations and so can not take part in the event at the Asian Games in Bangkok next month, a sports official has said.

Broadcasters who use their new digital channels to sell subscription services, such as pay-per-view sports events, will have to hand over 5% of their gross revenues to the U.S. Treasury, the FCC ruled Thursday.

The Organising Committee for the Olympic Football Tournaments, Sydney 2000, has reaffirmed their ruling on age limits, and announced that the Men's Olympic final will be played in Sydney's new Olympic Stadium.

New York Yankees majority owner George Steinbrenner has agreed in principle to sell his stake in the team to media giant Cablevision Systems Corporation in a record-setting deal, New York media has reported.

Yankees majority owner George Steinbrenner has said that should he sell his stake in the team to media giant Cablevision Systems Corporation, he and his family would remain in control of the club.

The ATP Tour announced a new series of elite tournaments and said the game's rules may be changed to make men's tennis more attractive.

Racing tycoon Bernie Ecclestone's efforts to raise $2.0 billion with a controversial bond have received a fresh setback as bankers said the London Stock Exchange (LSE) was so far reluctant to list the security.

Madison Square Garden has outbid its rivals to stage the most anticipated fight of 1999 when Evander Holyfield and Lennox Lewis climb into the ring for a heavyweight unification bout on March 13.

British police have said that soccer hooligans are back with a vengeance, smashing up bars, wrecking trains and stabbing rival fans.

Saudi Arabia has withdrawn from next month's Asian Games in Bangkok because the event clashes with religious and national festivals at home, Thai officials have said.

Swedish construction company Skanska AB has said it has won a contract worth 560 million crowns ($69 million) to build a sports centre in St Petersburg for the ice hockey world championship in 2000.

FIFA president Sepp Blatter has reaffirmed his support for an Africa bid to host the 2006 World Cup finals when he met South African president Nelson.

Malaysia has confirmed it will be bidding to host the 2008 Olympic Games.

Organisers of the Le Mans 24 Hours, the world's most famous endurance motor race, have signed a contract with Japanese partners in a bid to promote their image and label globally.