Is Mercedes-Benz’s $500m WTA Tour partnership value for money? Sport Business With the deal between Mercedes-Benz and the WTA Tour well underway, Matt Hardy heads to Madrid to see if its value for money. The supermarket meal deal, the cost of an upgrade to business class, the Category A versus Category B match ticket; value for money is one of capitalism’s greatest dilemmas. It is a [...]
Spain power outage: British tennis ace Fearnley’s Madrid match abandoned Sport British tennis player Jacob Fearnley was forced off court at a crucial stage of his match at the Madrid Open due to the huge power outage that hit Spain on Monday. Fearnley was trailing Grigor Dimitrov 6-4 5-4, having just saved match point and broken the former world No3 to stay in the third-round contest, [...]
Six Nations investors CVC bids $1bn for major tennis competitions Sport Business Private equity giant CVC Capital Partners are set to bid for a portfolio of high-profile tennis events worth £790m that includes the Madrid and Miami Opens. It could see the Six Nations investor add to its existing tennis interests, which include a commercial joint venture with the WTA launched in 2023. The portfolio – currently [...]