Media

Greece launched a formal investigation on Wednesday into the financial dealings of one of it most powerful businessmen, Socrates Kokkalis, and owner of Greek football champions Olympiakos Piraeus.

UK broadcaster ITV has relaunched its Formula One website as it prepares for the start of the new season.

The NHL has signed a four-year deal with Getty Images to be its official photographic partner.

Shares in Turkish clubs Besiktas and Galatasaray closed lower than their initial offer price on their first day of trading on the Istanbul Stock Exchange.

Caribbean-based online gambling company Betracer.com and technology firm World Gaming has announced that it is to offer visitors the opportunity to bet on a string of motor sport events including Formula One and NASCAR.

Media reports say Kirch has put its Formula One stake up for sale - sportbusiness.com brings you the full story - the impact on Kirch Sport and who could be out to snap up motor racing's key property.

Commercial chiefs of this summer's Commonwealth Games say it is on track to being one of the most successful in history.

Online gaming and gambling firm Sportingbet has been awarded for being the 'best performing company since leaving London's junior trading exchange [Ofex]'.

Loss-making Spanish digital terrestrial television operator Quiero TV has been put up for sale.

Greek gaming software company Intralot has bought a 49 percent stake in the Bulgarian soccer bookmaker Eurofootball for EUR11.75million ($10.2m).

Sunday’s NASCAR Winston Cup Series Daytona 500 earned a 10.9 rating/26 share for NBC’s inaugural broadcast of the 'Great American Race', becoming the highest-rated and most-viewed broadcast in NASCAR history.

Six-time Major champion Nick Faldo is looking to exploit the commercial benefits of his famous name with the launch of a range of 'Faldo' branded gear and business ventures.

The Professional Darts Corporation (PDC) is looking for a sponsor for the annual World Darts Championship.

Irish-based bookmaker Power Leisure has warned the British Horseracing Board (BHB) that it would thwart the benefits of cutting betting tax to two percent from five percent if it goes ahead with its 2.5 percent charge to bookies later this year.

Mobile satellite communication firm Inmarsat has agreed to sponsor the Rally de France in Corsica - adding to its existing deal as an official partner of the 2002 World Rally Championship (WRC).

Sports marketing firm RDA Communications has recruited new commercial and senior public relations managers.

UK-based sports and entertainment managing and marketing group CSS Stellar has sealed a deal between Formula One commentator Murray Walker and mobile communications giant Orange.

Following its launch two months ago, horse racing and betting website attheraces.co.uk, has registered its 10,000th subscriber.