News

Panasonic has agreed to supply the US Luge team with digital electronic products for use in their training facilities and in their preparation throughout Europe.

English Premier League clubs Arsenal and Liverpool are expected to launch their own television channels in time for the start of next season.

The cash-strapped Prost Formula One team has reportedly received an offer from a group of Italian investors.

The Premier 1 racing series says it will kick off in 2003, despite being written-off by many in the sport.

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Baseball owners have voted to approve the $660million (EUR748.6m) purchase of the Boston Red Sox.

A major conference on bidding for and hosting major sports events will be held in Manchester, England, immediately after the Commonwealth Games this year.

The Busch Grand National Series, a poorer relation to the NASCAR Winston Cup, is facing a financial crisis, according to reports.

AIM-listed ocean racing and marine events company Clipper Ventures plc has signed up the port of Liverpool to host the Clipper 2002 around-the-world yacht race.

An English Worthington Cup semi-final match, shown on ITV Sport, the sports channel operated by ITV Digital, has failed to register a single ratings point.

Owners of the NBA's Charlotte Hornets are close to completing a deal to relocate the team to New Orleans.

Baseball owners have voted to approve the $660million(EUR748.6m) purchase of the Boston Red Sox.

The 12 clubs of the Scottish Premier League (SPL) have voted unanimously to establish their own TV channel when the SPL's media deal with BSkyB expires in July.

Sportinglife.com, Sportal and new website The Betting Zone are to be relaunched as a single sports network in late February, according to reports in the Guardian.

Coverage of the first Australian Open Grand Slam meeting between British tennis’s Greg Rusedski and Tim Henman will be shown on BBC television.

UK rugby club Barbarians have signed a sponsorship deal with IT group Staffware plc.

Australian soccer club Olympic Sharks are close to finalising links with English Premier League soccer club Leeds United, according to reports.

The San Diego Soccer Development Corporation is to launch a new soccer magazine, 90:00 Minutes, and has retained the services of Creative Options Advertising to provide support for the its investor and public relations programme.

Your potted guide to the day's headline-making deals in the global sport industry as reported on sportbusiness.com

Austrian energy drink manufacturer Red Bull has announced a further one year extension to its association with Formula One team Sauber.