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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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Rome 2024 Announces Football Venues

Eleven cities across Italy "would host football matches as part of Rome's bid for the 2024 Olympics," according to the AP. Among the "venues selected on Wednesday for the men's and women's tournaments" are the San Siro in Milan, Juventus' home ground in Turin, and the Stadio Olimpico in Rome. M ...

Tags: Olympics, Europe

VW To Continue Hockey Sponsorship

German Hockey League (DEL) side Grizzlys Wolfsburg "will be able to count on the support of main sponsor Volkswagen going forward," according to Henning Eberhardt of SPONSORs. The company's continued financial support will help the club to plan beyond the '15-16 season. In a statement, Volkswagen sa ...

Tags: Marketing and Sponsorship, Europe

Asian Investors Set To Purchase Arena

Two Asian investors "are considering buying the Lanxess Arena in Cologne, Germany," according to Kathrin Hartmann of SPONSORs. They are reportedly willing to pay close €500M ($548.5M) for the facility. The contract "is ready to be signed." Real estate businessman Josef Echo, who is the managing ...

Tags: Facilities, Europe

Infront Partners With Spengler Cup Davos

Infront Sports & Media will become the media rights partner for the Spengler Cup Davos. Hosted by the Swiss team HC Davos, the Spengler Cup is an invitational tournament, which features six teams from around the world and for the past 88 years has been an annual feature on the calendar between C ...

Tags: Media, Europe

Year In Review: Europe In Turmoil

Reviewing the year’s top sports business stories out of Europe is like summarizing everything that’s wrong within the industry. This year included everything from corruption and bribery, to cover-ups, doping scandals and security threats. We have to start where we left off in ’14, ...

Tags: Year End, Europe

Two Top Managers Are On The Market

Suddenly, the world’s "top two football managers are on the market," according to Malcolm Moore of the FINANCIAL TIMES. Pep Guardiola, 44, who has won more than 76% of his 134 games with Bayern Munich, "will leave the German club at the end of the season after declining to extend his three-yea ...

Tags: International Football, Europe

Mercedes Left With 'Bitter-Sweet Feeling'

Mercedes Exec Dir Toto Wolff said that his team has been left with a "bitter-sweet feeling" after having to pay a record $4.8M entry fee for the 2016 Formula 1 championship, according to Pablo Elizalde of MOTORSPORT. The German car manufacturer "already had to pay a big fee for this year under the r ...

Tags: Leagues and Governing Bodies, Europe

Clothing Brand Buys 5% Stake In MSV Duisburg

N.Y.-based clothing and fashion brand Capelli Group has acquired a 5.1% stake "in second-tier German side MSV Duisburg," according to SOCCEREX. Capelli Group signed a seven-year contract with MSV, "in which time it will contribute to the financing and development of a new youth academy for the club. ...

Tags: Europe, Finance

Hangin' With ... Pierre Pagé

PIERRE PAGÉ is the global sports director hockey at Red Bull. The former NHL head coach/GM took on the newly created position in '14. In his role, he oversees the Red Bull Hockey Model, which is the name for all hockey activities under the Red Bull umbrella. The model includes two top-tier ...

Tags: People and Pop Culture, Europe

ESPN Reaches X Games Coverage Deal

X Games Oslo has reached agreements with Denmark, Sweden and Finland to deliver live coverage of X Games Oslo. The agreements will also include multi-year coverage of X Games Aspen and X Games Austin events. This first group of Scandinavian TV partners will be joined by other broadcasters around the ...

Tags: Media, Europe

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