Dodge have announced that the manufacturer will not be returning to the NASCAR organization in 2013.

This news may not be entirely unexpected and the announcement may not be entirely voluntary. The only team using a Dodge Penske Racings, for sale has already announced that the team will be switching to Ford for 2013. This left Dodge out in the cold for 2013.

Though there had been speculation that Dodge may try to find another team, it now appears that this is not the case. 

Dodge has a long history with NASCAR racing. In the 1950s through the 1970s, the Dodge Charger was a track regular and was driven by some of the legends. Richard Petty snagged a few wins in a Dodge during his stellar career. His father Lee Petty also got a couple of wins in a Dodge. Junior Johnson loved the new Hemi engine when it came out in the 1960s. Buddy Baker and Charlie Glotzbach broke records in the Dodge Daytona. From 1977 until 2001, Dodge was not involved with the NASCAR organization. When the manufacturer returned to the organization, Dodge racked up 29 wins.

Argentina is close to bringing back Formula 1 to the country according to national president Cristina Fernandez.

Fernandez said the country has agreed a three-year deal that will see grand prix racing return to the South American nation from 2013.

She said the race will be hosted at a circuit in seaside resort Mar del Plata, 400 km from Argentina’s capital Buenos Aires. There is currently no circuit in Mar del Plata.

The race, Fernandez said, will take place at the end of November from the 2013 season.

“We are closing [the deal],” Fernandez said. “For three years, in 2013, 2014 and 2015 in the city of Mar del Plata.

“For us it will be very important because after football, racing is the second favourite sport for Argentineans. Getting Formula 1 back to Argentina is something we deserve in order to be able to show the things we have.”

The Argentine President said that bringing F1 back to Argentina “is an accomplishment Argentina deserves, so we can show the world what we have”.

The Argentina Grand Prix was hosted by the South American country in an intermittent way from 1953 to 1998. Due to the organisers’ financial problems, the Grand Prix was suspended after 1998.

by Ismail Uddin

Should Argentina be back on the calendar? Tell us your view here >>

Warwickshire County Cricket Club have announced a 50 per cent increase in turnover last year and a dramatic return to profit following the completion of the £32million ($49.5m) redevelopment at Edgbaston, advice

The club made a profit of £326, look 828 ($505, order 867) in the year ending September 2011, compared to a loss of more than £2m ($3.1m) in 2010.

Craig Flindall, Bears’ finance director, said: “The redevelopment is an essential part of creating a more rounded and robust business model and has already shown to be paying dividends for the club after it was opened on schedule for the India Test Match in August.

“The main contract was also delivered under budget, which represents a significant achievement for the club.

“It has made the last 12 months one of the most exciting periods in the club’s history and these results are certainly a step in the right direction following the disappointment of 2010.”

NBA Commissioner David Stern has given the NBA players until Wednesday to consider his latest offer to end the lockout otherwise the situation will get worse.

“Right now, we’ve been given the ultimatum, and our answer is that’s not acceptable to us,” union president Derek Fisher said.

But the next proposal promises to be worse, surely moving players and owners even further apart and threatening to destroy the 2011-12 season.

Early Sunday morning, the league said it offered players up to 51 percent of basketball-related income, a figure the union insists is fiction. Regardless, it will drop to 47 percent Wednesday if players don’t accept the current offer by the league-imposed deadline.

No agreement by the deadline likely will trigger more calls to disband the union and take on the league in court, a battle that would take months.

Players don’t seem too perturbed by Stern’s latest warning.

“These are professional basketball players, the finest athletes in the world. How do you think they feel about threats? How do you think they feel about efforts at intimidation?” attorney Jeffrey Kessler said.

Fisher and Kessler said the league’s time-sensitive deal — Stern refused to call it an ultimatum — came near the conclusion of Saturday’s talks.

The sides had hoped they could complete a deal this weekend with the help of federal mediator George Cohen’s. He released a statement Sunday commending the parties for “their willingness to examine solutions to their current dispute” and offering to assist in the future. Although the revenue gap has narrowed, the sides are at a standstill on the system issues players insist are just as important.

National Football League (NFL) Commissioner Roger Goodell has not given up hope that collective bargaining negotiations could begin before next month’s Draft, something that is only likely, however, if the NFLPA faced significant setbacks.

The outside counsel to the NFLPA and class counsel to the players who launched a lawsuit against the league’s lockout have offered to talk to the league about settling the lawsuit. However, as the NFLPA has professed not to be a union, it cannot engage in collective bargaining. 

Goodell stated: “There will hopefully be negotiations before the Draft. It would be terrific if we could sit down and work towards an agreement before the Draft. We’ll have to wait and see on the litigation steps and see what the courts determine.” 

The commissioner ruled out using replacement players if games are lost, and strongly suggested the last offer to the players might not ever come back because of mounting economic losses caused by the lockout.

Allen Stanford, the Texan billionaire accused of running a scheme that persuaded investors to buy certificates of deposit from Stanford International Bank, located in Antigua, has filed a countersuit against US prosecutors, accusing them of depriving him of his constitutional rights.

Stanford has been in custody since June 2009 and is now seeking US$7.2bn in damages from the SEC and FBI in a lawsuit which claims prosecutors “undertook illegal tactics” in their investigation of Mr Stanford’s alleged pyramid scheme that they claim defrauded investors of $7bn.

Mr Stanford was ruled unfit to stand trial last month by US federal judge David Hittner over concerns of his ‘mental capacity to assist his lawyers’. He has pleaded not guilty to fraud, conspiracy and obstruction.

Mr Stanford rose to prominence in the UK and the Caribbean for his lavish sponsorship of cricket and in 2008, he bankrolled a high-profile $20m cricket match between England and a Stanford All-Stars team in Antigua.

Italy’s second-tier football division, Serie B, will be rebranded Serie bwin after a two-year sponsorship deal was signed with the Austrian betting company.

The deal will bring much-needed revenue to the division, which has seen several years of financial difficulties.

Serie B will run its own affairs in the new season, after top flight Serie A broke away from the two-division professional league.

Serie B president, Luca Ferrari, said: “The breakaway of Seri A was consensual. The newly created Serie B has already faced many challenges and there will be others in the future, but with bwin by our side, we can achieve great things.”

Bwin Italy CEO, Paulo di Feo, added: “We are delighted to be working alongside the new Serie B in this exciting new adventure. Today, with the advent of Serie bwin, we are facing a very exciting new challenge, giving us real contact with local people, the chance to support a competition strongly linked with the Italian tradition in which we will pay particular attention to the youth.”

Horizon Communications, pills a leading provider of wireless solutions to large venues and events, medicine has been announced as an official provider of Wi-Fi to the Special Olympics 2014 USA National Games to be hosted in New Jersey, ampoule from June 14 to June 21, 2014.

“We are excited to have been selected as the official Wi-Fi provider for the Special Olympics 2014,” said Mike DeGraw, CEO at Horizon. “We look forward to supporting these world class athletes, their coaches, families and their fans by enabling Wi-Fi connectivity at this event.” Fans at the event and across the country will be able to monitor results real time and view certain events via streaming video on the Special Olympics website. “We are proud to help share remarkable experiences by providing a more engaging and interactive experience for all,” added DeGraw.

Horizon has installed wireless solutions at some of the most recognizable sporting venues in the Western United States, including AT&T Park, SAP Center, Dodger Stadium and the Honda Center.