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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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Paris Mayor Calls For Patience On '24 Bid

Paris Mayor Anne Hidalgo has asked French President Francois Hollande "not to jump the gun as the capital considers whether to bid for the 2024 Summer Olympic Games," according to Julien Pretot of REUTERS. Hidalgo: "Nothing, nobody will have me change the agenda or the method as far as a Paris bid i ...

Tags: Olympics, Europe

11/10/14
Former IOC Boss Supports Reforms

Former IOC President Jacques Rogge "has given his seal of approval to the proposed changes his successor wants to introduce to the Games," according to Julian Linden of REUTERS. Rogge said that "he agreed with the current IOC boss Thomas Bach that reforms were needed." Rogge: "From time to time, any ...

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11/10/14
Satisfying Ratings For Boxing On Sat.1

German free-to-air TV channel Sat.1 "recorded satisfying ratings for its broadcast of the boxing fight between Robert Stieglitz and Felix Sturm on Saturday," according to Daniel Sallhoff of QUOTENMETER. The fight, which started at 11pm, attracted 2.97 million viewers along with 970,000 viewers in th ...

Tags: Media, Europe

11/10/14
Marussia F1 Team Folds

Marussia F1 administrators FRP announced that the team has "ceased trading and all staff will be made redundant," according to Andrew Benson of the BBC. The team went into administration last month and had "hoped to return for the final race of the season" after missing the U.S. and Brazilian Grands ...

Tags: Finance, Europe

11/10/14
Caterham F1 Turns To Crowdfunding

Caterham F1 is "appealing to fans to send money to keep it going," according to Christopher Elser of BLOOMBERG. The team went into administration in October. Caterham is asking supporters to "help fund its participation in Abu Dhabi." It is using "public-funding website Crowdcube" to try to raise &p ...

Tags: Finance, Europe

11/10/14
Fox Acquires Spanish Football Rights

TV broadcaster Fox Sports "secured a variety of Spanish football rights in the Netherlands," according to ISPORTCONNECT. The deal, which will run until '18, "includes coverage of the Spanish national team’s home friendlies, the final of the Copa del Rey and the Spanish Supercopa, a match betwe ...

Tags: Media, Europe

11/10/14
Ajax Announces Deals With Ziggo, Hublot

Dutch Eredivisie side Ajax Amsterdam announced an €8M ($9.1M) per year "shirt sponsorship deal with Ziggo and a further partnership with Hublot," according to SOCCEREX. Newly formed cable and media company Ziggo will become the club’s lead partner beginning in January, "with its log ...

Tags: Marketing and Sponsorship, Europe

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Event Notes

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Tags: Events and Attractions, Europe

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Adidas Meets Expectations With Q3 Results

Adidas, "struggling to keep pace with larger U.S. rival Nike, reported progress on Wednesday at clearing excess inventories in Russia and in its flagging golf business," according to Emma Thomasson of REUTERS. Adidas confirmed its '14 sales and profit forecasts after reporting Q3 results "at the upp ...

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11/07/14
Horner Says Teams Should Keep Quiet

Red Bull Team Principal Christian Horner has told F1’s cash-strapped struggling teams "to solve their problems 'behind closed doors' and stop damaging the reputation of their sport," according to NEWS CORP. AUSTRALIA. Horner "led calls for the recent public threats of boycotts and strikes to e ...

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