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Red Bull's Max Verstappen Lashes Out At Formula 1 Over Post-Race Time Penalty

Published in SportsBusiness Daily Global on 10 / 24 / 17

Red Bull Formula 1 driver Max Verstappen received a "post-race time penalty for gaining an unfair advantage by leaving the track" while passing Ferrari's Kimi Räikkönen for third place on the final lap of the U.S. Grand Prix on Sunday, according to Sam Hall of AUTOWEEK. After the race, Ver...

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Tags: Events and Attractions, North America

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Real Madrid, Barcelona To Play In Miami

The "El Clásico" rivalry between Barcelona and Real Madrid will come to the U.S. this summer as part of the Int’l Champions Cup. The July 29 match at Hard Rock Stadium in Miami will be surrounded by nearly a week's worth of events, including a legends match, concerts and other festiviti ...

Tags: Events and Attractions, North America

Grabyo Announces American Expansion

Grabyo announced its expansion into North and South America with the opening of its new HQ in N.Y. and appointment of sports and entertainment exec Mike Kelley to serve as the president of the Americas, according to Toby Marriott of DIGITAL SPORT. The move will enable Grabyo to capitalize on the "gr ...

Tags: Media, North America

Travel Ban Could Affect WC Hosting Rights

FIFA President Gianni Infantino indicated U.S. President Donald Trump's "controversial travel ban could prevent the United States from hosting the World Cup," according to Matt Slater of the London INDEPENDENT. The U.S. is a favorite to win the right to host the 2026 World Cup, "either on its own or ...

Tags: International Football, North America

Post To Sponsor 2017 Gold Cup

CONCACAF announced a partnership with Post Consumer Brands to cover this year's Gold Cup, which begins in June. Post Consumer Brands and its cereal brands Honey Bunches of Oats, Honeycomb and Malt-O-Meal will be present this summer across the U.S. as the 14th edition of the tournament visits 13 ...

Tags: Marketing and Sponsorship, North America

2016 Mexican F1 GP Had $616M Impact

Mexican media and entertainment company CIE President Alejandro Soberón announced that last year's Mexican Formula 1 Grand Prix had an economic impact of 12B Mexican pesos ($616M), according to Yael Rueda of LA AFICIÓN. Soberón said that the objective for this year's race " ...

Tags: Finance, North America

Maffei Rips NBC's $3M Formula 1 Fee

Liberty Media CEO Greg Maffei "launched a stinging criticism" of the amount paid by NBC to broadcast Formula 1 in the U.S., describing the multi-million dollar fee as a "popcorn fart," according to Christian Sylt for FORBES. In January, Liberty paid $8B to acquire F1’s parent company, Del ...

Tags: Media, North America

U.S., Britain Setting Up Multi-Sport Event

American and British Olympic leaders will "firm up plans for a multisport event between the countries" at a meeting in N.Y. later this month, according to Rob Harris of the AP. The trans-Atlantic rivals, which occupied the top two spots in the Gold Medal standings at the Rio de Janeiro Olympics, "ar ...

Tags: Events and Attractions, United Kingdom, North America

Atlético Confirms Interest In Mexican Club

Atlético Madrid admitted to "being in talks to take a share in a Mexican club" -- with a deal to buy 50% of San Luis "apparently close," according to Dermot Corrigan of ESPN.com. Atlético CEO Miguel Angel Marin "was in Mexico in mid-February meeting with executives at the club ." ...

Tags: Franchises, Europe, North America

Nike Accused Of Hindering Investigation

Nike "was accused of hindering a doping investigation into the elite training group" run by Mo Farah’s coach, Alberto Salazar, according to Sean Ingle of the London GUARDIAN. The accusations against Nike were reportedly revealed in a "leaked United States Anti-Doping Agency interim report."&nb ...

Tags: Leagues and Governing Bodies, North America

CONCACAF Signs Cerveza Modelo

CONCACAF signed a partnership with Constellation Brands’ Cerveza Modelo that will see it become the official beer of the CONCACAF Gold Cup. The deal, which runs through '20, also will see Modelo sponsor CONCACAF properties such as Women’s World Cup and Olympic qualifying championships, a ...

Tags: Marketing and Sponsorship, North America

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