Motorsport

Research and strategy consultancy MTM has launched a specialist sports division which will seek to advise stakeholders on how to best operate in digitally-driven markets.

Officials in Sarajevo are stepping up plans to bring a Formula E race to the capital of Bosnia and Herzegovina (BiH) after a proposal from Mayor Abdulah Skaka was unanimously backed by the city council.

Arif Rahimov, promoter for the Baku Formula One Grand Prix in Azerbaijan, has revealed that he has opened talks about a revised contract with organisers of the motor-racing championship as he seeks to secure a return to a June slot on the calendar, lower hosting fees and greater commercial benefits.

Etienne Lavigne, the director of the Dakar Rally at event operator ASO, has revealed that talks have taken place over the possible return of the endurance motorsport event to Africa from 2020.

In this week's China sports industry round-up: LPGA confirms replacement for failed Alisports tournament; SAIC Motor strikes Chinese Super League deal; and Vivo lays out World Cup activations

McLaren Group, parent company of the eponymous Formula One motor racing team, has today (Monday) confirmed fresh investment of £203.8m (€231.3m/$277.2m) from Canadian businessman Michael Latifi.

The Dakar Rally will be held in one country for the first time in its history next year after it was announced today (Friday) that Peru will be the sole destination for the 2019 edition of the historic motorsport event.

The MotoGP motorcycling series will continue to stage a leg at the Le Mans Bugatti Circuit in France until at least 2026 after a new long-term hosting deal was signed today (Friday).

Saudi Arabia has landed its latest major sporting event under the Vision 2030 plan by agreeing a 10-year deal with Formula E to stage the electric street racing series’ first race in the Middle East.

Chile has ruled itself out of hosting part of the 2019 edition of the Dakar Rally endurance motorsport event, citing financial difficulties.

Digital media company Motorsport Network has expanded into the ticketing market by acquiring UK-based operation BookF1.com.

HWA is set to enter the Formula E Championship electric car-racing series as a new customer team next season.

Nascar officials have refused to comment after the Reuters news agency reported that the owners of the stock car-racing series are exploring a possible sale of a majority stake as one of a number of options.

Jim Cassidy has left Nascar just three months after taking up a role as the North American stock car-racing series’ chief international officer.

The City of Miami Commission has scheduled a vote for May 10 to decide whether to back plans to stage a second US Formula One race in the city.

In this month's issue we cover the following: GDPR – How rights holders are preparing for the new data privacy regulations FROM EXPOSURE TO ENGAGEMENT – Formula One uses new tool to price its spons...

North American stock car-racing series Nascar has acquired the Automobile Racing Club of America (ARCA).

The Autodromo Internazionale Enzo e Dino Ferrari di Imola circuit in Italy will continue to host a round of the Superbike World Championship (WorldSBK) series until 2020 after a new hosting-rights contract was signed.

The Formula One motor-racing championship has today (Thursday) made its first investment in an external company through a deal with PlayON that has resulted in the launch of fantasy sports games for F1 and granted the sports entertainment firm live streaming rights to the sport.

North American stock car-racing series Nascar has promoted Steve Phelps to the position of chief operating officer.