Quote of the Day
"I sold the bloody shares for the bank. I got them out of trouble, and now I'm in trouble. Life is like that sometimes."-- F1 CEO Bernie Ecclestone, who faces a $400M lawsuit by German bank BayernLB over the sale of F1 to the equity company CVC in '06. (London GUARDIAN, 10/25)
Top Stories
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Closing The Sale
The Board of Control for Cricket in India announced that a Chennai-based media corporation has bagged the Hyderabad franchise of the Indian Premier League Twenty20 tournament for an annual fee of $15.81M, according to Amlan Chakraborty of REUTERS. The club was formerly known as the Deccan Chargers. BCCI Secretary Sanjay Jagdale said that the Sun TV Network "made a bid significantly higher than the second highest offer of $12.83M." He added, "This franchise fee represents a premium of over a 100% above the amount paid by DCHL (Deccan Chronicle Holdings Ltd.) for the Hyderabad franchise in 2008."
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The Wrong Foot
Real Madrid's Özil faces $200K fine for wearing adidas shoes.
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The News Cycle
FIS President: Vonn hasn't made official request to race in men's event.
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The Big Chill
FIS boss Kasper talks about Sochi, safety, sponsorships.
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Under The Gun
F1 CEO Bernie Ecclestone faces $400M suit from German bank.
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Billionaire Club
TV deal likely to put Cricket Australia over billion-dollar mark.
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Something Extra
NRL, players association near completion on bonus plan.
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New Beginning
Tour de France to open in U.K. in '14 or '15.
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Something Different
CONMEBOL will play 100th Copa America in U.S. in '16.
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Into The Breach
French F1 circuit hopes to take place of postponed Jersey race next year.
