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Sport Business

  • Formula 1 engineer: Budget cap should rise with inflation

    April 29, 2023

    Last season, Formula 1 teams Aston Martin and Red Bull were punished for issues relating to the newly introduced budget cap. While Lawrence Stroll’s Aston Martin received a slap on the wrist and a fine for a technical error relating to admin, Red Bull went above the $145m cap by £1.8m, were fined $7m and [...]

  • Jack Daniel’s and McLaren combine for limited edition whiskey bottle

    April 27, 2023

    Formula 1 team McLaren and alcohol brand Jack Daniel’s have produced a limited edition whiskey bottle. The struggling F1 outfit – who current hold just 12 points in the 2023 constructor standings – are celebrating their 60th anniversary this year. Louise McEwen, executive director, brand & marketing, McLaren Racing, said: “We are thrilled to launch [...]

  • Ed Warner: Sport England data shows activity is falling. We need to make it easier

    April 27, 2023

    As Sport England’s latest Active Lives survey shows that we are exercising less, Ed Warner argues that we need to make participation easier. An elite athlete cadges a lift to skip a couple of kilometres of an ultra race. Tough Mudder turns Finsbury Park into a swamp and is barred from using the venue next [...]

  • ‘Players will be rightly angry’: Football at loggerheads over plans for a salary cap

    April 26, 2023

    Plans to implement a salary cap in European football have received an immediate backlash, with unions accusing the game’s governing bodies of ignoring the views of players. Uefa president Aleksander Ceferin revealed this week that talks had begun on introduce a cap in order to stabilise club finances and improve competition, and that “everybody agrees”. [...]

  • Worcester Warriors set to lose P Share amid sale to Atlas Consortium

    April 25, 2023

    Troubled former Premiership rugby club Worcester Warriors are set to lose their “P Share” imminently, even if their sale is finalised next week, say administrators. The side’s future has been in doubt since entering administration in September, and preferred bidder the Atlas consortium has been told it must complete a buyout by 2 May. In [...]

  • Manchester United sale: Will bidders call the Glazers’ bluff?

    April 25, 2023

    Five months after Manchester United’s owners, the Glazers, fired the starting pistol on a potential sale, bidding is finally expected to draw to a close on Friday. The Glazers’ bankers, the Raine Group, surprised some earlier this month by extending the process to a third round of offers for the 20-time English champions. It has [...]

  • Wrexham’s promotion: ‘Feelgood fairy tale’ or ‘brand-building exercise that sticks in the craw’? Our writers debate

    April 25, 2023

    Wrexham clinched the National League title at the weekend, securing their promotion to the English Football League two years after being bought by Hollywood actors Ryan Reynolds and Rob McElhenney. But is the story, which has been played out in a reality TV series as well as on the pitches of England and Wales, an [...]

  • Why 2023 is the year of the litmus test for women’s rugby, cricket and football

    April 24, 2023

    On Saturday afternoon more than 50,000 fans will descend on Twickenham Stadium to not only watch England’s final match of the Women’s Six Nations against France but also be part of history. Because the fixture is set to smash all previous records for attendances at a women’s rugby match and set a new standard in [...]

  • Exclusive: 777 Partners confirm they’re looking at ‘interesting assets’ amid Everton takeover rumours

    April 24, 2023

    777 Partners has confirmed it is “looking for interesting assets” amid reports that the US investment group is close to takeover of struggling Premier League club Everton. Owner of the British Basketball League and its leading club London Lions, as well as European football clubs Hertha Berlin and Genoa, 777 has been on a buying [...]

  • Wrexham targeting successive promotions after sealing return to Football League

    April 24, 2023

    Wrexham are targeting another promotion next summer after the Hollywood-owned Welsh club clinched their return to the English Football League on Saturday. The decisive 3-1 win over Boreham Wood came two years after actors Ryan Reynolds and Rob McElhenney took charge at the Racecourse Ground, and executive director Humphrey Ker insists they are just getting [...]

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