Salford Red Devils handed HMRC lifeline by tax authorities September 3, 2025 Super League side Salford Red Devils have had a winding-up petition issued by HMRC adjourned for a second time. City AM exclusively revealed in May that the troubled rugby league club had been hit with a winding-up petition by tax authorities after it was reported that the club owed HMRC £500,000. But the petition was [...]
F1: McLaren stake sale values team at record $5bn September 3, 2025 McLaren’s 30 per cent stake sale values the Formula 1 team at north of $5bn, according to sources close to the deal. Majority shareholders Mumtalakat, the Bahraini sovereign wealth fund, and UAE-based investment group CYVN Holdings this week completed the purchase of all shares they did not already own to acquire 100 per cent of [...]
Formula 1’s popular F1 Arcade signs first franchise deal after $130m raise September 3, 2025 Formula 1’s popular F1 Arcade product has this morning announced its first franchise agreement, with the viewing and gaming hub set to hit the Iberian Peninsula. F1 Arcade’s flagship location is at One New Change in St Paul’s, but the Formula 1 affiliated experiential hospitality offering also has sites in Birmingham, as well as Boston, [...]
Formula 1 profits sustainable despite cap increase, says Mercedes team CFO September 3, 2025 Mercedes-AMG Petronas F1 Team CFO Russell Braithwaite on maintaining profitability in Formula 1 amid cost cap changes and how the team’s partnership with SAP will help. Formula 1’s cost cap has helped to herald a new era of profitability, with strict limits on spending allowing teams to generate a surplus from the sport’s explosion in [...]
Paqueta phone celebration raises eyebrows at FA as judgement looms September 3, 2025 The Football Association is expected to publish the independent commission’s full judgement in the acquittal of Lucas Paqueta on spot-fixing charges imminently, days after spotting a possible double meaning in his goal celebration during West Ham’s win at Nottingham Forest on Sunday. After converting a penalty, the Brazilian mimed receiving a phone call and then [...]
Exclusive: England ready to halt cricket ODI over emergency alert test September 2, 2025 England’s cricket team are ready to pause their ODI match against South Africa on Sunday to observe the government emergency alert test, City AM can reveal. The UK government will be testing its alert systems, which will cause a loud noise on all 4G and 5G phones and tablets on Sunday at 3pm regardless of [...]
The Punter Podcast Episode 46: Haydock Sprint Cup, Kempton and Ascot September 2, 2025 Bill Esdaile is joined by Ben Cleminson to preview the Group One Haydock Sprint Cup, as well as other big races from Haydock, Kempton and Ascot on Saturday. The Punter ‘The Punter’ has been City AM’s dedicated sports betting section for over a decade with a primary focus on horseracing.
Safari on Express track to another Kempton success September 2, 2025 KEMPTON and Ascot also host some high-quality racing on Saturday. In Kempton’s London Mile Series Final Handicap (2.05pm), SKY SAFARI is of interest. James Fanshawe’s filly is three-from-three on the all-weather, including two wins over this course and distance from two attempts in April and July this year. Despite running a poor race two starts ago [...]
Flora and My Mate Alfie look ready to Dance in Sprint Cup September 2, 2025 SPRINTERS take centre stage this Saturday at Haydock as the Merseyside track hosts the Group One Sprint Cup (3.35pm). The sprinting division has been a real guessing game this season, with no one horse stamping their dominance. French-trained Lazzat looked to be some way ahead of the British sprinters when winning the Queen Elizabeth II [...]
Apollo Global Management to launch £3.75bn sport investment vehicle September 2, 2025 New York-based Apollo Global Management is reportedly planning to launch a £3.75bn investment vehicle focused on sport. The firm, which has around £600bn in assets under management, is set to invest permanent capital into sport for the first time with the new fund. Having previously held talks with LaLiga club Atletico Madrid about acquiring a [...]