Exclusive: Formula E champions DS Techeetah take gamble on stock market-linked £1m sponsorship deal with investment platform eToro March 2, 2021 Formula E champions DS Techeetah have struck a £1m sponsorship deal with social investment platform eToro that could see the team not receive a penny. Instead of receiving a flat fee, DS Techeetah will have the seven-figure sum placed in their eToro account for them to invest on the stock market. If their portfolio grows [...]
Former Formula 1 champion Jenson Button to make racing comeback in electric off-road series Extreme E January 25, 2021 British former Formula 1 champion Jenson Button has signed up to compete in Extreme E, the new electric off-road racing series. Button is launching his own team in the competition, called JBXE, and will be one of its two drivers. It is the 41-year-old’s most high-profile racing commitment since leaving Formula 1 at the end [...]
The Big Sport Quiz of 2020: How well were you following the action this year? December 22, 2020 Roll up, roll up: it’s City A.M.’s Big Sport Quiz of 2020! Yes, a lot of it was severely disrupted and most of it happened without fans present, but there was still plenty of vintage sport and some intriguing storylines to follow. So test your knowledge on our selection of questions covering all major sports [...]
McLaren sells minority stake in F1 team to MSP Sports Capital December 13, 2020 McLaren has sold a 33 per cent stake in its F1 team to US-based MSP Sports Capital as part of attempts to raise extra cash amid the coronavirus pandemic. The sports investment group will pay £185m for its share of McLaren Racing, valuing the team at £560m. It comes just days after the supercar maker [...]
Halo saved Romain Grosjean but safety questions remain for Formula 1 over barriers and car chassis December 1, 2020 As details emerge of Romain Grosjean’s shocking accident at the Bahrain Grand Prix last weekend, Formula 1 drivers and commentators appear to be in unanimous agreement on one thing: the halo cockpit head protection device looks to have saved Grosjean’s life. Grosjean came across the track and clipped Daniil Kvyat on the first lap of [...]
UK beats US to be named most influential country for sports technology November 17, 2020 The United Kingdom has been named the most influential country in the realm of sports technology by a new report. The UK leads the way because it is home to Formula 1 and golf’s European Tour, organisations praised for innovation. The United States is the second most influential country, according to the inaugural Sports Technology [...]
Nico Rosberg to renew rivalry with Lewis Hamilton in new electric racing series Extreme E October 22, 2020 Former Formula One rivals Lewis Hamilton and Nico Rosberg are set to cross swords again in new motorsport series Extreme E. Rosberg has followed old Mercedes F1 adversary Hamilton in launching his own team in the all-electric, off-road competition. The German, who retired from racing after winning the F1 title in 2016, has invested in [...]