"It raises some capital, which may be required, and it gives the IPO a little bit more credibility if some well-known investment houses come on board pre-IPO" – Aberdeen Asset Management Head of Asia Pacific Strategy & Asset Allocation Peter Elston, on CVC Capital Partners selling 21% of F1 for $1.6B to three investors (TELEGRAPH.co.uk, 5/23).
"If you're a losing team, it doesn't matter if you have 24-karat gold seats in the new arena. The important thing is winning" – Warriors F David Lee, on the team yesterday formally announcing plans to build a waterfront arena in S.F. (S.F. CHRONICLE, 5/23).
"We will scare drivers away from the arena. My message to New Yorkers is, don't even think of driving to the Barclays arena" – Traffic engineering expert Samuel Schwartz, on encouraging fans attending Nets games next year to take the subway and the Long Island Rail Road to Barclays Center (N.Y. TIMES, 5/23).
"The days of tough it out, suck it up ... those days are over" – NFL VP/Player Development Troy Vincent, on the need to change the culture among NFL players who feel they need to play through pain and injuries (CBSSPORTS.com, 5/22).
