Events
Sportfive vacates Commonwealth Games JV
Sportfive has exited its commercial joint venture with the Commonwealth Games Federation (CGF) ahead of the trimmed down version of the multi-sport event in Glasgow, it has emerged.
Netball World Cup to become biennial event
World Netball has announced plans to make the Netball World Cup a biennial event in a move designed to “futureproof” the sport amid long-term uncertainty around the Commonwealth Games.
Bell Media F1 renewal tied to Canada hosting deal
Bell Media’s renewal of Formula 1 media rights in Canada has been incorporated directly into the country’s grand prix-hosting agreement in a new deal announced today (Tuesday).
Football exec Groll named French Alps 2030 CRO
The local organising committee for the 2030 Winter Olympic Games in the French Alps has made its first significant commercial hire as it aims to hit its €2bn ($2.3bn) budget.
Kings League turns tables on football revenue mix
Kings League president Gerard Piqué and chief executive Djamel Agaoua discuss the property’s commercial strategy with SportBusiness.
Grand Slam Track pulls season-ending event in LA
The final event of the inaugural Grand Slam Track (GST) season has been cancelled to ensure the “long-term stability” of the league.
Athletes call out ‘immoral’ Enhanced Games
The athlete commissions of the International Olympic Committee (IOC) and the World Anti-Doping Agency (Wada) have expressed strong opposition to the Enhanced Games, a new event that will allow competitors to use performance-enhancing drugs.
F1 keeps Barcelona, drops Imola for 2026
Formula 1 will remain at 24 rounds next season as Barcelona sees out its contract at the expense of Imola, and Madrid joins as the second Spanish race.
Paris 2024 final profit to be signed off at €76m
The success of the domestic sponsorship sales programme was a key factor in helping the organising committee for 2024 Paris Olympic and Paralympic Games secure a final profit of €76m ($86.8m) on total revenues of €4.48bn.
World Lacrosse plans global sixes series with 54
World Lacrosse has tasked 54, the sports and entertainment agency, with developing and helping commercialise a new series for the sixes discipline, ahead of the sport's return to the Olympic Games in 2028
MLB invests in AUSL women’s softball launch
Major League Baseball has stepped up its commitment to softball by making an eight-figure investment in Athletes Unlimited Softball League.
ITTF edges into the black for first time since 2018
The International Table Tennis Federation (ITTF) was profitable in 2024 for the first time in six years, with the World Table Tennis series finally flourishing after the Covid-hit years.
Sörling nets new ITTF term in hotly disputed election
Petra Sörling has been re-elected president of the International Table Tennis Federation in an incredibly close contest that sparked chaotic scenes at the governing body's annual general meeting in Doha.
Berlin presents regional vision for Olympics bid
Plans have been unveiled for a Berlin-focused bid for a future edition of the Olympic and Paralympic Games, with the proposal also incorporating four neighbouring states in Germany.
Kings League moves into Mena with SURJ backing
Kings League, the seven-a-side football competition organised by the Kosmos agency, has unveiled plans to launch in the Mena region in a joint venture with Saudi Arabia's SURJ Sports Investment
World Club Cup set to join rugby calendar in 2028
European Professional Club Rugby has finally driven over the line plans for a new World Club Cup it will spearhead after receiving buy-in from leagues and unions.
Arctos adds LA Chargers to NFL portfolio
Private investment firm Arctos has acquired a stake in the Los Angeles Chargers, while fellow NFL teams the San Francisco 49ers and Cleveland Browns have also signed off on investment deals.
USTA plans $800m US Open stadium revamp
The United States Tennis Association's revamp of Billie Jean King National Tennis Center represents the largest single investment in the US Open’s history.