NHL GMs Reluctant To Make Major Rule Changes Bettman Talks Olympics, Concussions With NBC Survey Show MLS Popular With Teens Selig Gives No Hints On Next Commissioner MLBers Suffering From Qualifying Offer System? NASCAR Pushing Social Media For Drivers League Notes Big Season For MLS Arrives MLB Happy With Early Replay Results League Notes
Upcoming Conferences and Events
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).