Boost for UK industry as another F1 team heads to ‘motorsport valley’ February 4, 2025 Sauber will become the next Formula 1 team to open a base in the UK’s “motorsport valley” as Audi prepares to enter the sport in 2026. The Swiss-based team has struggled to recruit top engineering talent from other teams due to its base on the continent. They’ll join the likes of Mercedes, Red Bull and [...]
Man City splurge drives third biggest Premier League January spend February 4, 2025 Manchester City’s record £180m outlay saw Premier League clubs rack up their third biggest January transfer window spend ever. English top-flight clubs spent a total of £370m during the winter transfer window, which closed on Monday night after a flurry of late activity. The biggest deal saw struggling champions Manchester City make Spanish midfielder Nico [...]
Exclusive: Saudi Arabia readies Olympic Games bid but may hold until 2040 February 4, 2025 Saudi Arabia is readying a bid to host the Olympic Games but is prepared to wait until 2040 to maximise its chances, a leading official has told City AM. Group CEO of Diriyah Company Jerry Inzerillo said it was a “matter of time before Saudi will announce an intention for an Olympic bid”, adding that [...]
Lucknow Super Giants owner wins £100m race for Manchester Originals February 3, 2025 RPSG Group, the owner of Indian Premier League team Lucknow Super Giants, has won the race to buy into Manchester Originals in a deal valuing the Hundred franchise at £100m. The conglomerate, chaired by Sanjiv Goenka, has agreed to pay around £50m for the England and Wales Cricket Board’s 49 per cent stake in the [...]
Banker Rowland launches Britain’s most lucrative padel tournament February 3, 2025 Redwood Bank founder Jonathan Rowland’s R3 Sport is launching Britain’s most lucrative padel tournament in association with Bullpadel, one of the game’s leading brands. The R3 Bullpadel Cup will consist of up to six events taking place across the country from April this year and culminating in the Cup Finals in December. It is understood [...]
Trump, the Super Bowl, wokery and sport’s shift to the right February 2, 2025 It might be the same man sitting in The Oval Office, but a lot’s changed since Donald J Trump first presided over a Super Bowl eight years ago. In 2017 America was perilously divided, with a newly-elected Trump in the White House and protest marches taking place on the streets outside it. This tension was [...]
Critics slam Warner Bros cutting Eurosport for TNT Sports in UK February 2, 2025 Last week Warner Bros. Discovery announced that it would be winding down its UK-based Eurosport operation with the live sport content migrating to TNT Sports from the end of this month. On the face of it, having the Olympics, Champions League, Autumn Nations Cup and more all in one spot is ideal for sports fans. [...]
US bidders for British basketball league aren’t another 777, says federation January 30, 2025 The chair of the British Basketball Federation (BBF) has dismissed fears of another 777 Partners over plans to hand control of its league to more US investors. The BBF had to strip the 777-owned British Basketball League (BBL) of its licence last year after the Miami-based fund ran out of money, leaving clubs facing extinction. [...]
Mumbai Indians IPL owning Ambanis win race for Oval Invincibles January 30, 2025 Oval Invincibles have become the first Hundred franchise to see a 49 per cent stake sold, with Indian family the Ambanis the winning bidders. The 49 per cent stake in the Oval-based London team will value the franchise at £123m, according to the Telegraph, with Sky News’ Mark Kleinman reporting the Ambanis fended off bids [...]
Stokes and Gakpo part of £4m funding round for AI wealth firm Prosper January 30, 2025 England cricket captain Ben Stokes and Liverpool forward Cody Gakpo are part of a £4m funding round for a wealth management platform leveraging AI. The sportsmen joined Fuel Ventures, who led the round with a £2m investment, in London-based FinTech Prosper. Olympians Dame Jessica Ennis-Hill, Dame Sarah Storey and Tim Podcock, and footballers Ben White [...]