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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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12/18/14
Real's Rodriguez Signing Paying Dividends

Colombian James Rodríguez is "not only profitable for Real Madrid because of his performance and minutes played," according to Óscar Zárate of MUNDO DEPORTIVO. His "signing this summer continues to be fruitful" for Real President Florentino Pérez, whose construction firm ...

Tags: Finance, Europe, South America

12/17/14
Scientists Find 'Super-Bacteria' In Rio

Scientists at a Rio de Janeiro research institute "have found what they call a new 'super-bacteria' that is resistant to antibiotics in the waters where sailors will compete in the Olympic sailing events in 2016," according to Andrew Downie of REUTERS. Oswaldo Cruz Foundation officials said that the ...

Tags: Olympics, Brazil

12/16/14
Rio 2016 Mascots Named After Composers

Rio 2016 Olympic and Paralympic Games organizers said that t he mascots for the Games will be named "Tom" and "Vinicius" after the singer-songwriters who wrote "The Girl from Ipanema," according to Andrew Downie of REUTERS. The names won 44% of votes in an online poll "and were revealed on Brazilian ...

Tags: Brazil, Olympics

12/15/14
Brazil Bank Stops Volleyball Payments

A report by Brazil's anti-corruption body found that companies controlled by "relatives of the former president of Brazil’s volleyball federation as well as current and former administrators" misappropriated $11.3M in sponsorship income, according to Panja & Batista of BLOOMBERG. State-con ...

Tags: Finance, Brazil

12/12/14
Fluminense Faces Talent Exodus

Brasileiro club Fluminense "will have to fill a funding gap to keep players, including league top scorer Fred," after its sponsor of 15 years said it will not renew its contract, according to Tariq Panja of BLOOMBERG. Pedro Daniel, an economist who analyzes the country’s football industry for ...

Tags: Marketing and Sponsorship, Brazil

12/11/14
NBA To Partner With Brazil's LNB

The NBA and Brazil’s Liga Nacional de Basquete (LNB) announced a multi-year partnership in an effort to continue to grow the game of basketball in Brazil. The collaboration between the NBA and the LNB is one of the first of its kind among sports leagues. With a long-term goal of increasing bas ...

Tags: Leagues and Governing Bodies, South America

12/11/14
Brazilian Football In Financial Crisis

The life of the average Brazilian player, even at the top level, "is far from easy," according to James Young of SOCCER GODS. The financial crisis in the game "is so great, debt-ridden clubs are going cap in hand to the government to restructure their massive outstanding tax bills." The country&rsqu ...

Tags: International Football, Brazil

12/10/14
Rio Olympic Committee Faces Accusations

Rio de Janeiro Olympics organizers were accused by Brazil's federal accounts court of "withholding financial information in the buildup to the 2016 Games, the first to be held in South America," according to Tariq Panja of BLOOMBERG. Expenditure is being scrutinized after "spending on stadiums" used ...

Tags: Olympics, Brazil

12/10/14
Argentina To Hold Largest Football League

The Argentine first division has completed the final matchday of the season -- except for the the finals -- and is now "awaiting the start of the '15 season," according to Juan Castro of MARCA. It "will be first tournament in recent history with 30 teams, something unusual across the planet." Former ...

Tags: International Football, South America

12/09/14
Rio 2016 Swimming Plans Under Fire

England national swimming team head coach Jon Rudd, joining a "growing campaign" opposing the plan, said that plans to hold "late night swimming finals" at the 2016 Rio de Janeiro Olympics are "outrageous," according to Sam Holden of REUTERS. A final competition schedule has "yet to be officially ap ...

Tags: Olympics, Brazil

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