Media

Car makers may set up their own motor racing championship if talks with German media group Kirch, which owns 75 percent of Formula One broadcast rights' company SLEC, do not lead to a deal, German media reported.

Alan Sugar's 10-year reign as the owner of Tottenham Hotspur ended on Wednesday when media group ENIC completed its purchase of his 26.9 percent holding, worth around 22 million pounds ($31.84 million).

Quokka Sports has signed a multi-year agreement with MLB Advanced Media LP (MLBAM), the interactive media company of Major League Baseball, to provide an official live-scoring technology platform.

Shares in German media company EM.TV & Merchandising fell over 12 percent on Wednesday after news its rescue deal by rival Kirch might not be approved by the International Automobile Federation (FIA).

Formula One racing promoter Bernie Ecclestone may yet block a rescue deal agreed between troubled German media group EM.TV and its privately owned rival Kirch.

An International Olympic Committee (IOC) inspection team for the Athens 2004 Games will take a hard look at security when they visit Greece later this week.

Sports internet company Sportal has been forced to axe 10 percent of its global workforce after investors demanded cutbacks.

Manchester United chairman Roland Smith is to remain at the club until March 2002, the English Premier League champions have said.

Lennox Lewis was allegedly offered a last-ditch incentive by BSkyB to prevent him from switching the broadcast coverage of his fights to the BBC.

SportsLine.com has announced a loss following the release of its financial results for the fourth quarter ended December 31, 2000.

The English Football Association (FA) is planning to cut ticket prices for this year's FA Cup final, according to media reports.

Sportbusiness.com has obtained the full report by US stockbrokers AG Edwards, which downgraded CART shares last week ?due to uncertainty in regards to our ISL sponsorship guarantee?.

IOC marketing director Michael Payne has endorsed the Olympic movement's brand management strategy for the Sydney Games following a "full debrief" on Olympic sponsorship issues at an IOC meeting in New York.

World rugby union chiefs have said they had no contingency plans to stage the 2003 World Cup outside Australia and New Zealand, the two countries due to co-host the event.

Argentinian First Division club Racing, which has been bankrupt for two years, has become the second Argentinian club to be taken over by media company Blanquiceleste S.A.

Icon Display, the UK-based event signage company has appointed Chalkie White to the role of account director, starting in January 2001.

The fizz wars in China are set to bubble into life again with reports suggesting ISL is trying to secure Coca-Cola as a major sponsor of the China national soccer team.

Lachlan Murdoch has completed a coup by securing the Australian Football pay-TV rights for Foxtel, to sit alongside those for rugby league.