Sotheby’s sells Michael Schumacher’s iconic Formula One Ferrari for record-breaking £14m November 10, 2022 Sotheby’s said this morning has sold the iconic F2003-GA chassis no. 229 at Sotheby’s Luxury Week sale in Geneva for 14,630,000 CHF, or close to £14m, making it the most valuable Formula One car of the modern era ever sold. The previous record was held by another ex-Michael Schumacher Ferrari, an F2001, which sold for [...]
Exclusive: Tougher Brexit transfer rules not helping English players in Premier League November 8, 2022 Brexit has drastically shrunk the pool of footballers available to English clubs without having any clear benefit to the prospects of homegrown talent in the Premier League. The findings are revealed in a major new study by football consultancy Analytics FC and law firm Fragomen shared with City A.M. and due to be published this [...]
TMRW Sports: Andy Murray and Lewis Hamilton follow US athlete blueprint November 6, 2022 While no one can doubt the achievements of a combined eight NBA titles, 10 Grammys, 21 Olympic medals, 40 Emmys, 42 Grand Slams and 113 Formula One wins, it is away from the stages, studios and stadiums that TMRW Sports could be about to change the game following an investor announcement last week. Founded by [...]
Ed Warner: English football of all levels penetrating hyper-commercial US sport November 3, 2022 Does anyone in England call the Premier League the EPL? I ask because I had a random encounter at Heathrow last week with one of a group of five Crystal Palace fans headed to Selhurst Park for their “first EPL game”. The Ted Lasso effect maybe? I only hope they made it to the Clifton [...]
Ed Warner: Don’t criticise British Cycling for accepting sponsorship from Shell October 20, 2022 Disclaimer No1: I don’t think I’ve written anything in support of British Cycling down the years. Quite the opposite in fact. But I can’t bring myself to add my name to the lengthening petition that splutters in indignation about the governing body’s sponsorship deal with Shell. So, here’s a first for me. British Cycling’s eight-year [...]
Claressa Shields v Savannah Marshall and the rise and rise of women’s boxing October 13, 2022 The last time Savannah Marshall and Claressa Shields met in a boxing ring, they were both amateurs with no realistic prospect of making a good living from the sport. A decade on, the bitter rivals are due to renew hostilities at the top of the professional ranks on a historic occasion that promises to earn [...]
LIV Golf Invitational Jeddah: English contingent aim to end season on a high October 13, 2022 With first place in the championship – and $18m (£16.1m) – already sewn up by Dustin Johnson, interest in this weekend’s LIV Golf Invitational Jeddah is likely to centre on who can triumph in the last individual tournament of the series and, potentially, claim a lucrative podium bonus. Forty points are on offer to the [...]
Ed Warner: Boxing’s parallel existence, Benn-Eubank, and a Trussian shambles October 13, 2022 The Sweet Science. The Noble Art. Boxing has a lore of its own and is a law unto itself. It occupies a parallel existence in which its rules, first published under the sponsorship of the ninth Marquess of Queensbury in 1867, and a love of litigation – real and threatened – are deemed sufficient to [...]
Tsunami of takeovers in sports swells deal values by record 433 per cent with private equity leading the pack October 11, 2022 The value of M&A and major stake-building in the sports industry has increased 433 per cent in the last year, rising from £1.8bn last year to £9.6bn this year, according to fresh data shared with City A.M. this morning. As more private equity, sovereign wealth funds and other institutional investors pursue deals in the sports [...]
LIV Golf Bangkok: Rookie Eugenio Chacarra wins as Dustin Johnson secures £16m bonus October 9, 2022 Spanish prospect Eugenio Chacarra was among the least well-known players to ruffle a few feathers by signing up to LIV Golf, but that may be about to change. Chacarra announced his arrival on Sunday with a wire-to-wire win against a field stacked with major winners at the LIV Golf Invitational Bangkok. It delivered the first [...]