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Sport Business

  • F1 prize money 2024: How much do teams make? What is the budget cap? Why do Ferrari get legacy payments?

    March 1, 2024

    This weekend the F1 season returns in Bahrain as 20 drivers and 10 teams battle it out across 24 races to win individual and team championships. And with the sport making billions each year, teams are getting a great cut of the revenues. The F1 prize pot is reportedly around 45 per cent of the [...]

  • Wolves and the waning Chinese interest in English football

    March 1, 2024

    Wolves have bucked the trend of Chinese owners selling up. Are they here to stay?

  • Crystal Palace owner John Textor wants football to create ‘World Super League’

    February 29, 2024

    Textor also called football's sustainability rules 'fraudulent'.

  • In the red: Premier League leaders Liverpool report £9m loss

    February 29, 2024

    Overall revenue was flat at £594m but wage costs increased by £7m.

  • Ed Warner: Sci-fi sport is coming, are you ready to watch? I’m not

    February 29, 2024

    Our sport business columnist takes on some of the week's big talking points.

  • Motorsport UK chair: F1 and sport here needs more recognition

    February 29, 2024

    City A.M.’s Matt Hardy sat down with Prodrive and Motorsport UK chair David Richards to discuss the quality of “our” Silicon Valley, entering Formula 1 and the future of motorsport on these shores. When you compare the Bay region of California with its millions of inhabitants overheating in the West Coast sunshine with the often [...]

  • Saudi Arabia’s PIF beefs up tennis presence with major ATP partnership

    February 28, 2024

    PIF will sponsor the ATP rankings and five tournaments.

  • How Formula 1 is looking beyond Drive to Survive in search for new fans 

    February 28, 2024

    Ahead of the new season, a look at how F1 has turned to celebrities and streaming for further growth.

  • Michael Johnson to co-found professional track and field league

    February 27, 2024

    Legendary American 400m sprinter Michael Johnson has partnered with Winners Alliance to develop a new professional track and field league. The format is as yet unknown but is set to debut in 2025 and resemble US sports leagues, but with global athletes. “I am excited about my new track venture,” Johnson said in a post [...]

  • Redwood Bank founder Jonathan Rowland aiming to corner padel market with R3 Sport

    February 27, 2024

    R3 Sport counts leading British players as co-founders and investors.

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