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Michelin Says Tires Used In Formula E Could Hit Roads In Three To Five Years

Published in SportsBusiness Daily Global on 04 / 01 / 15

Michelin’s involvement in Formula E is accelerating the implementation of new developments in road tires, according to a senior exec at the company. The technological aspect is one of three pillars Michelin looks at when entering a motorsports series, said Chris Baker, motorsports director at...

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Tags: Media, Europe

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06/13/14
Thai Junta Offers Live World Cup

Thais "will get to watch live FIFA World Cup matches for free," after the junta-run administration agreed to pay S$16M ($12.8M) to broadcast them, according to Tan Hui Yee of the STRAITS TIMES. The last-minute deal "is the latest in a series of perks arranged by the junta seeking to 'return happines ...

Tags: Media, Asia

06/12/14
Japanese Government Helping J.League

Japan's powerful Ministry of Economy, Trade & Industry (METI) is supporting the J.League's push to raise its presence in Asia, with financial support for three top-tier football clubs to promote themselves in different countries. Gamba Osaka, Kashiwa Reysol and Kawasaki Frontale are to get up t ...

Tags: Leagues and Governing Bodies, Japan

06/12/14
Japan Sports Chief: Venue Review 'Inevitable'

Japan Sports Minister Hakubun Shimomura said Wednesday that a review of the venue plans for the 2020 Tokyo Olympic and Paralympic Games is "inevitable" in the face of mounting costs, endorsing Tokyo Gov. Yoichi Masuzoe's decision the previous day to launch it, according to KYODO. Shimomura, head of ...

Tags: Olympics, Japan

06/12/14
HKJC Announces Higher Stake Money

The Hong Kong Jockey Club "announced higher stake money across the board for next season to keep pace with its soaring betting turnover, maintaining its claim as the place with the world's highest prize money per race and setting the tone for future increases," according to Michael Cox of the SOUTH ...

Tags: Finance, China

06/11/14
Japanese Basketball Club To Cut Costs

Japanese National Basketball League side Wakayama Trians is "poised to undergo a complete organizational restructuring," according to Nagatsuka & Odeven of the JAPAN TIMES. As part of this major overhaul, head coach Zeljko Pavlicevic, who guided the Trians to a championship runnerup finish at th ...

Tags: Franchises, Japan

06/11/14
Tokyo 2020 Organizers To Review Plans

Japan's Olympics organizers said Tuesday that "they are reviewing their venue plans for the 2020 Tokyo Games because of concerns over rising costs," according to the AP. Tokyo Gov. Yoichi Masuzoe said that "the overall plan for the venues needs to be revised." Masuzoe said, "We must respond to conce ...

Tags: Olympics, Japan

06/10/14
Laureus Awards To Be Held In China

Laureus Sports Awards Chair Edwin Moses said that the '15 edition of the prestigious award "will be staged in Shanghai, China," according to the PTI. The proceeds from the Laureus World Sports Academy "supports more than 150 community sports projects in 34 countries, including China." The globally ...

Tags: Events and Attractions, Asia

06/10/14
India To Launch Sports Talent Search

The Indian government on Monday "promised to facilitate development and promotion of sports, particularly rural sports, and said it will launch a National Sports Talent Search System," according to the PTI. President Pranab Mukherjee said that "children and youth of the country need avenues of recre ...

Tags: Leagues and Governing Bodies, India

06/10/14
Clubs Thrown Lifeline To Take Part In HKPL

Financially strapped district clubs were "given a lifeline" by the government to participate in the inaugural Hong Kong Premier League with the prospect of increased public funding to HK$3M ($387,000), according to Chan Kin-wa of the SOUTH CHINA MORNING POST. Yuen Long, Tai Po and Wong Tai Sin "all ...

Tags: International Football, China

06/09/14
India Threatened ICC Break Away

India "forced a revamp" of the Int'l Cricket Council by "threatening the world body with forming a breakaway faction," according to the AP. Board of Control for Cricket in India Secretary Sanjay Patel said, “We were criticised and a lot of them did not agree but we told them that if India did ...

Tags: Leagues and Governing Bodies, India

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