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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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Somers Reveals Why Rangers Passed

Scottish Championship side Rangers Chair David Somers "lifted the lid on why the club knocked back Dave King's offer of investment," according to the Scotland DAILY RECORD. Somers claimed that the South African-based businessman "failed to provide proof of funds and that made it impossible for the ...

Tags: Franchises, United Kingdom

Caterham Accused Of 'Burying Bad News'

Caterham’s administrators "have been accused of cynically 'burying bad news' by flaunting the success of their fans donations scheme on the day they laid off all 200 staff," according to Daniel Johnson of the London TELEGRAPH. Despite still being £400,000 ($626,000) short of their "crowd ...

Tags: Franchises, United Kingdom

Cricketer Named Co-Owner OF HHIL Club

Indian cricketer Suresh Raina has become the second cricketer to be associated with the Hero Hockey India League after he was named on Monday as the co-owner of the Uttar Pradesh Wizards franchise, according to the PTI. Raina's association with HHIL comes "closely on the heels" of Mahendra Singh Dho ...

Tags: Franchises, India

Franchise Notes

Scottish Premiership side Motherwell "will delay the appointment of a new manager until ownership issues surrounding the Fir Park outfit have been resolved." Supporter group The Well Society said that it remains "hopeful of completing a deal to bring the club into community ownership" ( STV, 11/17 ...

Tags: Franchises

Caterham Raises $2.9M To Race In Final

The Caterham F1 team said that "it raised enough money from a crowd-funding website to compete at the Nov. 23 season-ending race in Abu Dhabi," according to Alex Duff of BLOOMBERG. The team was seeking to raise £2.35M ($3.7M) on Crowdcube Ltd.’s website. The team had raised £1.87M ...

Tags: Franchises, United Kingdom

Ex-Player Creates Campaign To Buy Club

Scottish Championship side Hibernian has "welcomed the creation of a fans campaign led by club legend Pat Stanton to buy the Edinburgh club," according to the BBC. Club CEO Leeann Dempster said, "We look forward to having a positive conversation with BuyHibs so that we can understand their proposals ...

Tags: Franchises, United Kingdom

Rugby Club Looking For Talent In Asia

French rugby club Racing Metro is "hoping to identify a young player from Hong Kong and turn that talent into a Top 14 league player," according to Kevin Kung of the SOUTH CHINA MORNING POST. Confirming the club's interest in broadening its appeal in Hong Kong, Racing Metro CEO Arnaud Tourtoulou sai ...

Tags: Franchises, Europe, China

Frankfurt Looking For Several Investors

Bundesliga side Eintracht Frankfurt "is looking to attract several investors to secure its long-term future in Germany's top flight," according to T-ONLINE. However, in comparison to league rivals Hertha Berlin or Hamburg SV the club is not looking for a single major investor but several investors. ...

Tags: Franchises, Europe

Scottish Rangers Fans Question Bailout

Scottish Championship side Rangers fans on Wednesday "demanded greater transparency" from club shareholder Mike Ashley and "told the board to stop blaming them for their financial woes," according to McLeod & Ralston of the Scotland DAILY RECORD. A new marketing deal, welcomed by the board as a ...

Tags: Franchises, United Kingdom

Caterham F1 To Fall Short Of Target

Caterham F1's "remarkable" attempt to "fund their place on the grid in Abu Dhabi appears doomed, with little more than 24 hours" to raise £1M ($1.57M), according to Daniel Johnson of the London TELEGRAPH. The "beleaguered team," which is in administration and has "not paid staff in nearly two ...

Tags: Europe, Franchises

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