Quote of the Day

"We've had the most extraordinary summer of sport."
-- LOCOG Chair Sebastian Coe, at the Paralympic Games Closing Ceremony. (REUTERS, 9/9)
Monday September 10, 2012 Vol. 1 — No. 64 Print This Issue

Top Stories

  • Calling For Cuts

    FIA President Jean Todt fears F1 will be unsustainable if costs aren't cut.

    FIA President Jean Todt fears that F1 "will be unsustainable if costs are not cut" by 30% over the next three years, according to the PA. Todt said, "Formula One is too expensive. It's up to the teams to work with our people and the commercial rights holder [F1 boss Bernie Ecclestone]. We need to agree what to do, otherwise it will be unsustainable." Todt believes that if costs are not cut, then it could "sound the death knell for the smaller teams," particularly with new engine regulations due to come into force from '14. Todt added: "We must reduce the costs in order to keep everybody on board. I prefer to present it like that."

  • Victory Bounce

    Atletico Madrid feeling a retail bounce from Supercup victory.

  • Making Some Noise

    Dubai's Emirates spending big to 'wow' fans, create new business.

  • Fresh Track Tribute

    Public Enemy pays tribute to Paralympians with recut video.

  • Into The Darkness

    Bundesliga signs deal for matches to be broadcast in North Korea.

  • Strutting Their Stuff

    Peacock's 100m victory gives Channel 4 something to crow about.

  • Keeping A Foothold

    Telemundo signs multi-platform deal with Club Leon to stay in Liga Mx mix.

  • The Market Effect

    Glasgow Rangers consider return to stock market to raise capital.

  • Selling Off Assets

    Valencia FC has used transfer market to generate more than $200M.

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