Media

Leading car makers are serious in their threats to set up their own breakaway Formula One series, according to Jaguar team boss Bobby Rahal.

UK commercial network ITV has slammed International Rugby Board chairman Vernon Pugh over his claims it is still interested in securing the rights for the 2003 Rugby Union World Cup.

The future for Quokka Sports and its flagship joint-venture with NBC, NBCOlympics.com, now looks doomed as the company prepares to file for bankruptcy protection, according to online media reports.

The subscription-for-services model could be the surprise leader in growing internet revenues across digital media over the next five years, according to Alexander Brown, president/COO of Virtual Spectator.

Quokka Sports , which set out to revolutionise sports media by carrying events across the internet, shut off its last featured coverage on Wednesday, a series of mountain climbing dispatches from Tibet.

The Champions League faces a major overhaul because of concern over falling viewing figures.

Brand management will become increasingly important against the twin threats of recession and media clutter according to a panel of leading industry figures speaking during the first day?s final session at SportBusiness 2001.

UK commercial television company ITV is still interested in securing television rights for the 2003 Rugby Union World Cup despite claims that the broadcaster has pulled out of the bidding according to the International Rugby Board.

The BBC has warned sporting bodies that they threaten the future of their respective sports by increasingly favouring pay-TV companies over free-to-air broadcasters when securing television rights deals.

In a bid to counter the match-fixing scandals that have besmirched international cricket over the past year, the England and Wales Cricket Board (ECB) has drawn up strict new contracts for all players and personnel linked to county cricket clubs in the UK.

Championship Auto Racing Teams (CART) has forecast total revenues of approximately $75 - $78 million for the year 2001 and a pre-tax profit for the year expected to be approximately 32 per cent of total revenues.

Broadcast technology innovator InMotion Technologies decided to change its name to Dartfish.

F2 Broadcast Network has signed an endorsement deal with PGA Tour member Brian Gay.

Bayern Munich is ready to invest in several players to build a new, stronger team, club president Franz Beckenbauer said on Tuesday.

The Flora London Marathon contributes almost #66 million ($94.3m) to the UK economy annually, according to a new report.

US sports website Rivals.com is to close with the loss of 80 jobs, reports the Seattle Times. The news comes after protracted talks with Yahoo failed to result in a sale of the struggling network. Rivals chief executive Saul Gamoran told the west coast newspaper; ?We tried very hard to effect a sale of the company, and we came pretty close, but we were unable to cross the finish line.?

Italy's Serie A side Fiorentina and Investment bank Morgan Stanley are in talks which could lead to the purchase of the Florence club, Italian newspapers reported on Tuesday.

Tickets to this year?s Goodwill Games in Brisbane, Australia will be sold on a first-come, first-served basis.