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Bernie Ecclestone Planning To Launch Masters Racing Series Featuring Former F1 Drivers

04 / 18 / 14

F1 CEO Bernie Ecclestone "is planning to launch a masters series for former Formula One drivers following the concept which has been made popular by sports such as golf and tennis," according to Christian Sylt for FORBES. It would see "superstar drivers such as Nigel Mansell and Nelson Piquet return...

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Tags: Leagues and Governing Bodies, Europe

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Malaysian Clubs Ordered To Pay Deposits

Malaysia's football clubs will be ordered to pay deposits of millions of ringgit next season before they can compete "to ensure players receive their wages," according to Ossian Shine of REUTERS. Ten of the 14 clubs in the M-League are "in the red," while three teams face sanctions for "failing to s ...

Tags: Leagues and Governing Bodies, Asia

UEFA Offers Risk, Reward For CAA

UEFA surprisingly last week chose a newly created subsidiary of CAA Sports to exclusively sell the commercial rights for Euro 2016 as well as qualifying events for the 2018 FIFA World Cup, marking the agency's biggest push -- and gamble -- into the lucrative global soccer business, according to Liz ...

Tags: Leagues and Governing Bodies, Europe, UEFA

Spanish Sports Facing Funding Cuts

Spain Superior Council of Sports President Miguel Cardenal "announced cut-backs" of 34% in the grants to federations, according to the EFE. Cardenal explained that €31M ($40.2M) in grants will be given to sports federations. The number represents a 34% decrease from the €47M that was hande ...

Tags: Europe, Leagues and Governing Bodies

Cricket Takes Aim At U.S. Market

The Int'l Cricket Council is "blessing a new venture with ambitions to create a league of teams" in big U.S. cities, according to Roger Blitz of the FINANCIAL TIMES. The new push in the country is built around Twenty20, the three-hour short form of the game "generating such popularity" in south Asia ...

Tags: Leagues and Governing Bodies, North America

AIFF Signs Contract With FIFA Referees

FIFA referees Pratap Singh, CR Srikrishna and MB Santosh Kumar "signed a professional contract, the first of its kind in India," with the All India Football Federation at the Football House, according to Arani Basu of TNN. This is the first time any referee has been brought under a contract system. ...

Tags: India, FIFA, Leagues and Governing Bodies

League Notes

Sri Lankan President Mahinda Rajapakse told the media that "his government was ready" to send a cricket team to Pakistan. The '09 Lahore terror attack is "yet to become even a distant memory," but Rajapakse "has reportedly given his consent to the country's cricket team touring Pakistan again." Howe ...

Tags: Leagues and Governing Bodies

Korean F1 Looks For Financing

Organizers of the Korean F1 Grand Prix "face the monumental task of plugging a gaping hole in its bottom line and turning its finances around," according to Jung Min-ho of the KOREA TIMES. Two of the race's main sponsors have "pulled out, with the deficit estimated to reach 30B won ($27M)." Last yea ...

Tags: Leagues and Governing Bodies, Asia

Ipswich Striker Charged With Race Fixing

Championship Club Ipswich Town striker Michael Chopra "has been charged with race fixing by the British Horseracing Authority," according to Paul Kelso of the London INDEPENDENT. A BHA investigation revealed that Chopra is one of three footballers charged with breaches of the rules of racing, includ ...

Tags: Leagues and Governing Bodies, United Kingdom

Brazil Investing Up To $148M For Olympics

The Brazilian federal government "will free up" between R$250M ($123.4M) and R$300M ($148.1M) this year for sporting projects in preparation for the 2016 Rio Games, according to Rodrigo Mattos of UOL.com.br. The number represents three times the amount that was spent last year. The investment "is no ...

Tags: Brazil, Leagues and Governing Bodies

PSL, NFD Reach Agreement

South Africa's Premier Soccer League and National First Division clubs "have settled their dispute," which had delayed the start to the second-tier's season, according to Ramatsiyi Moholoa of the SOWETAN. It was decided at a meeting of the NFD clubs in Johannesburg on Monday that "the league would s ...

Tags: Leagues and Governing Bodies, Africa

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