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Formula E's Positive Development Contributes To BMW Tie-Up With Andretti, Exec Says

Published in SportsBusiness Daily Global on 09 / 30 / 16

Formula E's positive development over the past two seasons was a contributing factor in BMW's decision to enter into a partnership with Andretti, BMW Motorsport Dir Jens Marquardt said. As part of a realignment of its motorsports activities, BMW earlier this week agreed to a two-year partnership w...

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Tags: Franchises, Europe, North America

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Russian Business Protesting Valencia Sale

Russian business Zolotaya Zvezda, which turned in a bid to acquire La Liga side Valencia last year , "is not giving up in its effort to show that its offer was the best of those presented to buy the club," according to PLAZA DEPORTIVA. The bid's rep, Mikhail Botsko, "will present a claim to a Valen ...

Tags: Franchises, Europe

RTL Reduces Commercial Prizes For F1

German free-to-air TV channel RTL "has reduced its commercial prizes for the upcoming F1 season," according to Sidney Schering of QUOTENMETER. IP Deutschland, RTL's commercial partner, "has reduced the prizes for TV commercials during F1 broadcasts due to declining ratings." A 30-second split screen ...

Tags: Media, Europe

Close To 1.5M Watch Bundesliga On Sky

German pay-TV network Sky Deutschland "recorded close to 1.5 million viewers for its broadcast of Saturday's Bundesliga games," according to David Grzeschik of QUOTENMETER. Sky's simulcast of Saturday's five afternoon games, which started at 3:30pm, attracted 1.45 million viewers. The number transla ...

Tags: Media, Europe

Report: 1860 Munich Signs With Infront

Second Bundesliga side 1860 Munich "has reportedly signed an agreement with Infront Sports & Media to take over the club's complete marketing," according to Marc Merten of ABENDZEITUNG. The news was confirmed by supervisory board member Noor Basha, who also functions as the representative of clu ...

Tags: Marketing and Sponsorship, Europe

Greek Super League Takes Tough Line

The Greek Super League "hardened its position on clubs in financial difficulty, dropping Niki Volou from the country's top league," according to Jaroslaw Adamowski of INSIDE WORLD FOOTBALL. Rival side OFI Crete "has been deducted four matches, and had its upcoming match against Athromitos FC later t ...

Tags: Finance, Europe

Aachen Buys Tivoli Stadium For €1

Aachen, Germany has purchased the Tivoli Stadium, which is the home of fourth-tier side Alemannia Aachen, for €1 ($1.13), according to SPIEGEL ONLINE. It means from now on the city has to pay the stadium's operating costs, interest and repayment of €1.6M ($1.8M) annually -- and not the clu ...

Tags: Facilities, Europe

Blatter Formally Joins FIFA Election

FIFA President Sepp Blatter "formally joined a FIFA presidential contest he is widely expected to win," according to the AP. Blatter "published a low-key message on Twitter confirming an expected bid to extend his scandal-scarred, 17-year leadership of football's wealthy governing body by four more ...

Tags: International Football, Europe

Court Orders Lens Relegation To Ligue 2

French side Lens faces "being relegated to Ligue 2 at the end of this season regardless of their final position in the table after a court ruling regarding the club's finances on Thursday," according to Ian Holyman of ESPN. The Administrative Court of Besancon decided that Lens' "promotion to the to ...

Tags: Finance, Europe

More Than 500K Watch Handball On Sky

German pay-TV network Sky Deutschland "recorded more than half a million viewers for its broadcast of the handball world championship quarterfinal match between Germany and Qatar," according to Fabian Riedner of QUOTENMETER. The pregame coverage, which started at 3:30pm on Sky Sport HD1, attracted 1 ...

Tags: Media, Europe

Para-Cycling To Find Out Paralympic Fate

Para-cycling "will find out on Saturday whether it will be part of the Tokyo 2020 Paralympic programme," according to the BBC. The final decision on sports for the Games "will be made at an International Paralympic Committee governing board meeting in Abu Dhabi." In October, 16 sports "had their pla ...

Tags: Olympics, Europe

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