Chung Mong-Joon Launches Bid For FIFA Presidency NFLPA Planning To File Special Injunction In Brady Case Bettman Addresses Expansion, League's Strength IndyCar President Derrick Walker Steps Down Judge Orders Brady Lawsuit To Be Heard In N.Y. Kraft Finds His Inner Maverick Over Deflategate Platini Confirms Candidacy For FIFA President Kraft Blasts NFL For Handling Of Brady Suspension Brady Destroying Phone Key To Upholding Ban Brady, Goodell Prepare For Court Battle
SBD/September 30, 2013/Leagues and Governing Bodies
Grand Prix Of America's Fate Still Up In the Air Despite Inclusion On '14 F1 Calendar
Published September 30, 2013
SWEET DEAL: In London, Kevin Eason noted Ecclestone reportedly has "promised a small fortune in payments" worth $200M (all figures U.S.) through '20 over the eight years of the Concorde Agreement between the FIA and F1 that was approved on Friday. The agreement also reportedly includes "a cash sweetener worth more than" $4.85M "simply to sign the deal." In addition, there is an offer of a 1% stake "in the F1 business, if and when it is floated on the Singapore Stock Exchange." That "could be worth" $70M to the FIA (LONDON TIMES, 9/28).