Quote of the Day

"With the way things are, maybe we would front it and put the money up for it. If we got the OK and everything was fine, I think we could do that."
-- F1 Supremo Bernie Ecclestone, on the circuit paying the $54M needed to stage a grand prix race in London. (London GUARDIAN, 6/28)
Friday June 29, 2012 Vol. 1 — No. 15 Print This Issue

Top Stories

  • Ecclestone Floats London GP

    F1 boss Bernie Ecclestone has offered to pay for a Grand Prix through London.

    F1 boss Bernie Ecclestone made London an offer that it "might not be able to refuse" when he "offered to pay" for a race in the city, according to Kevin Eason of the LONDON TIMES. The proposed race "could be the biggest and richest motor race in the world." Ecclestone has wanted a race in the capital for years but has been "thwarted by political indecision and restrictions on the taxpayers’ purse." It would cost £35M ($54M) to stage the race. Marketing experts predict that a London race would generate a minimum of £100M ($155M) from spectators and tourists over the three days of the grand prix weekend.

  • LOCOG: Games Will Hit Budget

    LOCOG CEO Paul Deighton said London Games will come within the operating budget.

  • Corinthians Can Cash In

    Corinthians is in line for a big payday if it can win the Copa Libertadores.

  • Not All About The Money

    NBCUniversal says it will lose money on London Games even though ad sales are up vs. '08.

  • Shootout Draws A Crowd

    The Spain-Portugal penalty shootout drew the biggest audience ever for Spanish TV.

  • Sponsors Cut French Pay

    Sponsors of the French Euro 2012 team reduced payout over bad behavior of players.

  • Arsenal Signs African Partner

    EPL Arsenal agrees to partnership with African mobile network operator Airtel.

  • Making An Appearance

    Football star David Beckham will remain in the Olympic limelight despite being left off British team.

  • Teach The Children Well

    Premier League is starting a new league aimed at better preparing young players.

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