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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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11/21/14
Paris FC, Al-Fahim Reportedly In Talks

French National League side Paris FC “may be in talks” with former Man City and Portsmouth owner Sulaiman Al-Fahim, according to METRO NEWS. Journalists on Canal+’s sport show “Enquêtes de foot” suggested the “man from Dubai is ‘currently in discussio ...

Tags: Franchises, Europe

11/20/14
Possible Return For Former Parramatta CEO

Former long-serving National Rugby League side Parramatta CEO Denis Fitzgerald could “make a shock return to the Eels boardroom,” according to Adrian Proszenko of the SYDNEY MORNING HERALD. Fitzgerald is “one of 22 candidates to have nominated” for the upcoming Parramatta Dis ...

Tags: Franchises, Australia

11/20/14
F1 CEO Helps Caterham Return To Grid

F1 CEO Bernie Ecclestone has handed "financially-troubled" Caterham a boost as it returns to the grid at the Abu Dhabi Grand Prix, according to the BBC. Ecclestone has "waived freight costs and chartered a plane for staff attending the season-ending race." Caterham, which went into administration in ...

Tags: Franchises, Middle East

11/19/14
Barcelona Fans Packing Camp Nou

Through five home La Liga matches at the Camp Nou this season, Barcelona's average attendance is 73,579, according to Sergi Solé of MUNDO DEPORTIVO. The "excitement generated" by new Manager Luis Enrique appears to "have had a direct effect on the fan base," as that figure is "greater than t ...

Tags: Europe, Franchises

11/19/14
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

11/18/14
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

11/18/14
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

11/18/14
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

11/17/14
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

11/14/14
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

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