Todt To Make Another Cost-Cutting Plea Group Set To Lead Cycling Revolution Formula E Reportedly In Talks With CVC Qatar's Late Pledge Prompts Concerns League Notes AFE President Talks LFP Finances NRL Fans Give Thumbs Down To Grant Ecclestone Compromise Set To Divide Formula 1 CEO Apologizes To Rebel Teams Formula E Teams Form Association
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SBD Global/June 18, 2012/Leagues and Governing Bodies
CVC Sells $500M F1 Stake To U.S. Fund Manager Waddell & Reed
Published June 18, 2012
DEEP IN THE HEART ...: In N.Y., Dave Montgomery reports the $350M Circuit of the Americas project in Austin, Texas, "has encountered its share of controversy," but circuit officials say say that work at the 1,100-acre site "is on pace for completion this fall." Geoff Moore, the circuit’s chief marketing and revenue officer, said of the more than 115,000 requests for information received by late May, about 35% were from Texas, 60% were from elsewhere in the U.S and about 5% were from other countries, primarily Mexico, Canada and western Europe (N.Y. TIMES, 6/16).