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Florida Power & Light Signs On As Official Solar Energy Provider Of Miami ePrix

Published in SportsBusiness Daily Global on 03 / 03 / 15

Electric utility company Florida Power & Light has signed on as the official solar energy provider of the FIA Formula E race in downtown Miami. The sponsorship deal for the first electric car race held in the U.S. was announced on Monday. Andretti Sports Marketing, organizer of the Miami ePrix, ...

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Tags: Marketing and Sponsorship, Europe

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Red Bull F1 Factory Robbed

More than 60 trophies have been stolen from the Red Bull Formula One team in a “late night burglary at their Milton Keynes factory,” according to Daniel Johnson of the London TELEGRAPH. Thames Valley Police said a group of six men used a “silver 4x4 and a black Mercedes estate to r ...

Tags: Franchises, United Kingdom

Parma Confirms Sale To Russians

Serie A side Parma Dir General Pietro Leonardi confirmed Parma has “agreed terms with new Russian-Cypriot owners,” according to FOOTBALL ITALIA. The deal is reportedly “worth only” €5M ($6.1M) to buy the club and take on its debts from President Tommaso Ghirardi, while A ...

Tags: Franchises, Europe

Penske Plans To Revolutionize V8 Racing

Roger Penske "has jetted his most senior racing advisers" -- a crack team of engineers, mechanics and officials -- into Sydney's Olympic Park "as he prepares to invade V8 Supercars," according to Nick Walshaw of the Sydney DAILY TELEGRAPH. In a "huge shake-up for Australian motorsport," it was revea ...

Tags: Franchises, Australia

Haas Ready To Get F1 Project Underway

Gene Haas expects annual sales at Haas Automotive to double over the next five years to $2B as a direct result of his involvement in F1. "Most of that growth is going to occur outside of the United States," Haas said during a one-on-one interview on Wednesday at the '14 NASCAR Motorsports Marketing ...

Tags: Franchises, Europe

Valencia's Chan Says Success Takes Time

Valencia President Chan Lay Hoon said that the club "will not enjoy instant success" following its takeover by Singapore billionaire Peter Lim and "will have to live within its means like any other club," according to Iain Rodgers of REUTERS. Chan, Valencia's first female president, was one of sever ...

Tags: Franchises, Europe

Sporting Gijón To Announce Sale

Spanish second division side Sporting Gijón majority shareholder Javier Fernández and Omar Zeidán, representing Solver Sports Capital, which claims to "represent a group of English investors, have reached a pre-agreement for the sale of Fernández's shares to facilitate th ...

Tags: Europe, Franchises

Volkswagen Group Considering F1 Entry

The Volkswagen Group, the world's "second biggest car maker, is conducting a feasibility study into a potential Formula 1 entry," according to Andrew Benson of the BBC. Sources said that the review is being conducted by former Ferrari Team Principal Stefano Domenicali, who was hired by VW's Audi bra ...

Tags: Franchises, Europe

Brumbies In 'Desperate' Sponsor Search

Super Rugby side ACT Brumbies said that its search for a new major sponsor "is getting desperate" and it needs something locked down within the next 10 days, according to David Polkinghorne of the SYDNEY MORNING HERALD. The University of Canberra "has been the Brumbies' major sponsor for the past t ...

Tags: Australia, Franchises

Franchise Notes

New Zealand's Super Black Racing will enter the V8 Supercars Championship on a full-time basis next season. The team's campaign will feature rising Kiwi driver Andre Heimgartner, with the teenager landing the drive following an impressive debut at Bathurst in October. Heimgartner's Ford will be buil ...

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RB Leipzig Spins Off Pro Team

The professionalization of 2nd Bundesliga side RB Leipzig "is continuing," according to the SID. The club "decided to spin off its professional football team including all youth teams down to its U16 team into a separate organization." The 14 voting-eligible members "decided in favor of the concept ...

Tags: Franchises, Europe

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