KHL Struggling To Stay Afloat Sources: Sprint Shelves NASCAR "Experience" League Notes Cuba Decision Could Impact MLB Silver Discusses Future NBA All-Star Sites FIFA's Chief Investigator Resigns Current, Former Fighters Sue UFC Sprint Dropping NASCAR Title Sponsorship After '16 Bernie Ecclestone Retains Control Of F1 Top ATP Events Could Sue Tour Over Prize Money
SBD/November 12, 2013/Leagues and Governing Bodies
Pastrana To Leave NASCAR After Failing To Secure Enough Sponsorship For '14
Published November 12, 2013
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CIRCUS ACT: Nitro Circus yesterday merged into one entity its two main businesses: the Nitro Circus Live touring company and Godfrey Entertainment, which owns the intellectual property of the action sports franchise. The transaction was facilitated by an investment from The Raine Group (Nitro Circus). In N.Y., David Gelles reported The Raine Group investment is valued at about $25M. Nitro Circus with a "unified team and a new infusion of capital ... hopes to extend its reach around the globe." The company is "planning a permanent live show in a still unknown site in Las Vegas, and another permanent live show in Macau" (NYTIMES.com, 11/10).