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02/23/17
Force India Signs Three Deals

Formula 1 team Force India and Hype Energy renewed their partnership through the '17 season, and the team also signed deals with fashion label Farah and digital agency Orange Bus. Hype Energy branding will be featured around the cockpit, on the rearview mirrors and on the rear wing end plates. ...

Tags: Marketing and Sponsorship, India

02/21/17
England's Ben Stokes Sets Record

England cricketer Ben Stokes "has become the highest paid overseas cricketer" in the 10-year history of the Indian Premier League after securing a £1.7M ($2.1M) contract during Monday's auction, according to Ali Martin of the London GUARDIAN. His int'l teammate, Tymal Mills, "was another big w ...

Tags: Finance, India

02/21/17
IOC Gives 2020 Golf Venue Ultimatum

IOC VP John Coates said that the club scheduled to host golf at the 2020 Tokyo Games "must allow women to have full membership or organizers will have to find another venue," according to Kwiyeon Ha of REUTERS. The private Kasumigaseki Country Club in Saitama prefecture, which is set to ho ...

Tags: Olympics, Japan

02/21/17
IPL Signs Up Nine Sponsors

Sony Pictures Networks India has "locked in" nine sponsors for the 10th season of Indian Premier League set to launch on April 5, according to Gaurav Laghate of the ECONOMIC TIMES. The broadcaster with rights to air the 20-over cricket league is "targeting" Rs 1,300 crore ($195.4M) from the upcoming ...

Tags: Marketing and Sponsorship, India

02/17/17
BCCI Poised For $80M Windfall

The Board of Control for Cricket In India "is poised for a bumper windfall" of at least $80.3M as the "coveted" national team sponsorship rights are up for sale, according to ASIA SPONSORSHIP NEWS. The five-year deal is expected to involve 259 matches, including 238 bilateral matches and 21 across I ...

Tags: Marketing and Sponsorship, Asia

02/17/17
China Slowing Foreign Acquisitions

Foreign property investment by Chinese companies "plunged" by 84% last month, as Beijing’s capital controls "choked off the flow of foreign acquisitions," according to Gabriel Wildau of the FINANCIAL TIMES. In an "effort to curb capital outflows and ease downward pressure" on the yuan, Ch ...

Tags: Finance, China

02/16/17
Nazara To Invest $20M In Esports

Mumbai-based mobile gaming company Nazara Games announced that it will set up a professional esports league in India, according to Anuj Bhatia of the INDIAN EXPRESS. The esports arm will be a 100% subsidiary and Nazara Games will invest Rs 136 crore ($20.4M) to develop the Indian esports "ecosystem" ...

Tags: Finance, India

02/14/17
BCCI Opens Tender For IPL Rights

The Board of Control for Cricket in India "opened the tender process" for the TV and digital rights to the Indian Premier League, according to the FINANCIAL EXPRESS. The previous 10-year deal with Sony Pictures Network India (SPN) is set to expire at the end of the '17 season and the new deal w ...

Tags: Media, India

02/08/17
F1 Set To Stay In China Beyond '17

The Shanghai government "has dropped a firm hint that this year's Chinese Grand Prix will not be the last one," according to Frankie Mao of MOTORSPORT. The '17 race, which is scheduled to take place on April 9, "is the final event under the terms of China's current contract." Although race organizer ...

Tags: Events and Attractions, China

02/08/17
Tokyo Golf Venue Undecided On Ban

The Kasumigaseki Country Club, which is set to host golf for the Tokyo 2020 Olympics, "failed to reach a decision about ending a ban on women as full members on Tuesday," with the head of its board of directors calling the situation "a nuisance," according to Elaine Lies of REUTERS. The board meetin ...

Tags: Olympics, Japan

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