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Chinese Property Developer Wanda Group Eyes 30% Stake Of Serie A Club AC Milan

Published in SportsBusiness Daily Global on 02 / 27 / 15

China's biggest property developer is "expanding sports empire in Europe," according to Emma Glez of CHINA DAILY. Dalian Wanda Group is interested in purchasing a 30% stake of Serie A side AC Milan, as the company "continues its shopping spree to build a sports empire in Europe." Wanda, which contro...

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Tags: Franchises, Europe, China

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COTA Looks To Locals For Support

Circuit of the Americas President Jason Dial said that after a very successful inaugural year, the racetrack is “going to avoid the sophomore slump.” The Austin, Texas circuit, which will host the U.S. F1 Grand Prix on Sunday, has been taking proactive measures to achieve this goal -- fr ...

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Germany's Fans Shun Wembley Friendly

German football fans have "turned their backs on Tuesday night’s glamorous Wembley friendly against England with so little interest" that the German football federation (DFB) has downgraded its ticket request to "less than 1,000," according to Sam Wallace of the London INDEPENDENT. The interes ...

Tags: United Kingdom, Events and Attractions

Red Bull Launches 25-Country Race

Red Bull has launched a "new running race called Wings for Life World Run designed to get runners pounding the pavement in at least 25 countries at the same time on May 4," all in an effort to "raise money for spinal cord injury research," according to AFP RELAXNEWS. Race sites are "expected on six ...

Tags: Events and Attractions, Africa

U.S. GP Wary Of 'Sophomore Slump'

The U.S. Grand Prix in Austin, Texas on Sunday is hoping to avoid "the sophomore slump," according to John Maher of the AUSTIN AMERICAN-STATESMAN. The sophomore slump occurs in baseball, football "and, yes, motorsports." Oftentimes the first time a race is held at a track, it "draws a crowd that tur ...

Tags: Events and Attractions, North America

Premiership CEO Says No Going Back

Premiership Rugby CEO Mark McCafferty said that "European rugby's new club competition is a 'train that has left the station' but there is still just time to pick up the Heineken Cup refuseniks," according to Mitch Phillips of REUTERS. Although "there are still a number of issues to be finalised, no ...

Tags: Events and Attractions, Europe

Sydney Carnival Could Boost Canberra

Canberra Racing CEO Peter Stubbs said that the revamped A$18M ($16.7M) Sydney autumn carnival "can be the catalyst to strengthen the capital's premier race day and attract Australia's best runners to Thoroughbred Park," according to Chris Dutton of the CANBERRA TIMES. Racing New South Wales "has ove ...

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Event Notes

Adelaide's Clipsal 500 "will be the first of five V8 Supercars events that will shift to a twilight format in 2014." The move "comes as part of a push by the category to get its races in front of a prime-time television audience" ( AAP, 11/13 ). ... Switzerland "will once again host a professional ...

Tags: Events and Attractions

Hong Kong Cricket Execs Seeking Support

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Tendulkar Match To Slow Business

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Sydney's Autumn Race To Be Richest

RACING NSW chairman John Messara has admitted the Queen Elizabeth Stakes could eventually replace the WS Cox Plate as Australia's premier weight-for-age classic after plans were unveiled yesterday to turn Sydney's autumn racing carnival into one of the richest race meets in the world. Th ...

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