Sauber F1 Announce Asian Airline Sponsorship

The Sauber F1 Team has boosted its Asian connections after signing Asia Jet, a Hong Kong private aviation firm, as a sponsor for selected Grands Prix in 2011.

Under the terms of the deal, expected to be worth as much as US$100,000 per race, the company’s logos will appear on the cars rear wing endplates at all Asia-Pacific Economic Cooperation (APEC) races, plus the inaugural Indian Grand Prix in October.

Asia Jet’s chief executive Mike Walsh said: “Asia Jet is a proud supporter of Formula One, and has consistently flown fans, drivers and sponsors to attend the F1 races in different cities for the past few seasons.

“We hope to continue and extend our reach further throughout Asia and beyond, combining the best Formula One has to offer with the convenience of getting to and from the races on the schedules of our important clients.

“We are convinced this will be very successful for Asia Jet and further enhance our reputation as the leading private jet company of choice for our customers.”

Peter Sauber, team principal of Sauber, added: “Asia Jet is a prestigious and growing brand in a high-tech business in which time and performance are crucial, as is also the case in our sport. As Formula One is getting more and more popular in Asia with an increasing number of races to be held there, we regard Formula One as an ideal marketing platform for Asia Jet.”

The deal caps a successful commercial line-up for the team, having secured significant backing from Mexico, notably through a deal with telecoms firm Telmex.

World Cup to Provide Significant Boost to Qatar Economy

A new report released by the National Bank of Kuwait on Sunday 19 December stated that the World Cup 2022 in Qatar will provide a significant economic boost to the national and its neighbouring countries.

The study revealed that Qatar’s significant construction programme ahead of the event will have a knock-on impact on other countries in the Middle East. According to the report: ‘Hosting the World Cup will set tight deadlines, create extra spending, bring in new expertise and present additional motivation and incentives’.

Among the infrastructure projects planned include a $25 billion metro and rail network, a $7 billion deep water port, a $10 billion international airport at Doha and a $4 billion causeway linking Qatar and Bahrain. $20 billion is also set to be spent on building and expanding Qatar’s road network.

A further $4 billion will be spent on 12 state-of-the-art stadia with air conditioning. The study added that Qatari officials have pledged to add 90,000 new hotel rooms before 2022, surpassing the 65,000 demanded by FIFA.

Plea for Women’s Soccer Schedule Switch to Summer

A plea has been made by England Women’s soccer team coach, Hope Powell and head of the national game for the Football Association (FA), Kelly Simmons, to move the whole of women’s soccer schedule to the summer period.

The call comes just four months before the start of the newly revamped Super League’s inaugural season.

Powell said: ‘When I was a player I always felt we should be playing in the summer. Moving the entire game to summer couldn’t realistically be done from day one, but hopefully we can work towards that and it would be great if it happens.’

Simmons added: ‘We want to grow the women’s game and I believe that taking it into the summer would attract more players and spectators. The WSL will be a closed league for two years but if the Premier League then becomes the feeder it would be a better fit if that league and the pyramid below it were played in the summer.’

FINA Bureau Meeting in Dubai (UAE)

Dubai (UAE), adiposity | December 14, 2010 – The FINA Bureau met in Dubai (UAE) on December 12-14, 2010 with the occasion of the 10th FINA World Swimming Championships (25m), to be staged from December 15-19, 2010. Following the call by the FINA President Dr. Julio C. Maglione, and before the start of the meeting, was respected a minute of silence in memory of Fran Crippen, the open water swimmer, who tragically died on October 23, 2010 during the last leg of the FINA 10km Marathon Swimming World Cup in Fujairah (UAE).
In order to continue with the successful tradition of these championships, the Bureau awarded the organisation of the 12th FINA World Swimming Championships (25m) in 2014 to the city of Catania (Sicily, ITA).
After a brilliant presentation, the city of Casablanca (MAR) was chosen to stage the 4th FINA World Junior Swimming Championships in 2013.
Other important decisions made by the FINA Bureau included:
• Election of a new Bureau member – Ben Ekumbo (KEN), representing Africa;
• Other National Federations/Cities organisers of FINA events:
o Men’s Water Polo Olympic Games Qualification Tournament 2012 – Edmonton, CAN;
o Women’s Water Polo Olympic Games Qualification Tournament 2012 – Italy (city to be confirmed);
o Marathon Swimming Olympic Qualification Event 2012 – Setubal, POR
• Creation of a “School for Officials” in Open Water Swimming. As in Water Polo, Diving and Synchronised Swimming, the officials of this discipline will be nominated after passing an examination in a school for officials;
• A new schedule for the games at FINA World Championships water polo tournaments was approved and will be implemented from the 2013 edition of this competition;
• Nomination of a new FINA Press Commission Member: Gergely Csurka (HUN);
• FINA received reports concerning the preparation of the upcoming FINA competitions: 14th FINA World Championships Shanghai 2011, 3rd FINA World Junior Swimming Championships Lima 2011, 11th FINA World Swimming Championships (25m) Istanbul 2012, and 15th FINA World Championships Barcelona 2013. These reports demonstrated that the preparation of these championships are proceeding in a very positive way and are a guarantee of successful FINA World Championships;
• A report on the Olympic Games London 2012 was also presented to the Bureau. FINA is working in close co-operation with the IOC and LOCOG to finalise the programme of these Olympic Games and to ensure the optimal exposure of Aquatic sports in the British capital.
Dubai (UAE), December 14, 2010 – The FINA Bureau met in Dubai (UAE) on December 12-14, 2010 with the occasion of the 10th FINA World Swimming Championships (25m), to be staged from December 15-19, 2010. Following the call by the FINA President Dr. Julio C. Maglione, and before the start of the meeting, was respected a minute of silence in memory of Fran Crippen, the open water swimmer, who tragically died on October 23, 2010 during the last leg of the FINA 10km Marathon Swimming World Cup in Fujairah (UAE).
In order to continue with the successful tradition of these championships, the Bureau awarded the organisation of the 12th FINA World Swimming Championships (25m) in 2014 to the city of Catania (Sicily, ITA).
After a brilliant presentation, the city of Casablanca (MAR) was chosen to stage the 4th FINA World Junior Swimming Championships in 2013.
Other important decisions made by the FINA Bureau included:
• Election of a new Bureau member – Ben Ekumbo (KEN), representing Africa;
• Other National Federations/Cities organisers of FINA events:
o Men’s Water Polo Olympic Games Qualification Tournament 2012 – Edmonton, CAN;
o Women’s Water Polo Olympic Games Qualification Tournament 2012 – Italy (city to be confirmed);
o Marathon Swimming Olympic Qualification Event 2012 – Setubal, POR
• Creation of a “School for Officials” in Open Water Swimming. As in Water Polo, Diving and Synchronised Swimming, the officials of this discipline will be nominated after passing an examination in a school for officials;
• A new schedule for the games at FINA World Championships water polo tournaments was approved and will be implemented from the 2013 edition of this competition;
• Nomination of a new FINA Press Commission Member: Gergely Csurka (HUN);
• FINA received reports concerning the preparation of the upcoming FINA
competitions: 14th FINA World Championships Shanghai 2011, 3rd FINA World Junior Swimming Championships Lima 2011, 11th FINA World Swimming Championships (25m) Istanbul 2012, and 15th FINA World Championships Barcelona 2013. These reports demonstrated that the preparation of these championships are proceeding in a very positive way and are a guarantee of successful FINA World Championships;
• A report on the Olympic Games London 2012 was also presented to the Bureau. FINA is working in close co-operation with the IOC and LOCOG to finalise the programme of these Olympic Games and to ensure the optimal exposure of Aquatic sports in the British capital.

Russia Win 2018 World Cup Bid: Special Report

By Martin Laurence, Staff Writer

Russia have won the bid to host the World Cup Finals in 2018. The team spoke of their delight stating that FIFA would “not regret their decision” and that they hoped “to make history together”. Despite rumours that Russia had slipped down in the list as favourites the bid was won based on the feeling that the World Cup could help to develop the infrastructure of the nation. President Putin’s absence was seen by many as a negative move however the move now seems to have been made through confidence in the campaign.

The final 30-minute presentations were made by the remaining four bidding nations for the World Cup 2018 today. Committees from Holland/Belgium, Russia, Spain/Portugal and England all staked their claim to host the finals in front of the FIFA executive committee at the FIFA headquarters in Zurich. With a 22-strong committee the winning bid needed to receive at least 12 votes after the final round of voting.

After years of hard work the hopefuls heard of the committees decision on who will host the finals in 2018 on Thursday afternoon.

Holland/Belgium

Holland/Belgium, the rank outsiders to claim victory, were first to present their case to FIFA on the morning of Thursday 2 December. The bid was introduced by the FIFA ExCo member for the nation, Michel D’Hooge.

The joint nations motto of ‘Together for great goals’ was perhaps the most football orientated and the bid was put forward by a number of Dutch football icons. The team was made up of Ruud Gullit, Johan Cruyff, Guus Hiddink, Jean-Marie Pfaff and Paul van Himst. Gullit was keen to highlight the key benefits of their bid including its compactness- “our limited size is our real strength”; it is a green bid due to this; it’s a bid from a strong economy; it’s a bid from the heart of Europe; it’s a showcase for joint bids; and finally, it’s a bid that intends to have a true legacy.

The presentation was littered with a total of five videos, cutting each speakers case considerably in a stop-start presentation.

Spain/Portugal

Up next were Spain/Portugal whose presentation began at 9am GMT. The presentation was opened by Pedro Mourinho and was quickly into a very formal and business-like groove.

The bidding team firmly established that though it represented a joint bid, believed to be seen as unfavourable by some of the FIFA ExCo members, the bid has a “borderless geographical reality”. After much of the media have overlooked the impact of Portugal on the joint bid perhaps it was a smart ploy to start the bid through the Prime Minister of Portugal Jose Socrates.

It was then the turn of the Spanish President Jose Luis Rodriguez Zapatero who guaranteed that all FIFA’s requirements would be met speaking, as Socrates did, in his native tongue.

Though the presence of the political powers that be in the nations will have an impact, the presentation was lacking energy and fun installed by a short video with various clips of Spanish and Portugese culture.

Unlike the Holland/Belgium bid, Spain did look to use the FIFA ExCo member of Spain, Miguel Angel Villar Llona which they hoped would sway the vote in their favour.

England

England’s 30-minute presentation began at 10am GMT and was full of popular figures. Bid ambassador Eddie Afekafe offered a more personal touch, explaining how football had effected his life, initially in a voluntary role at Manchester City. The start to the bid had a good balance with Afekafe bringing a figure who can be related to, to the star-studded cast.

Prince William, President of the Football Association was next to speak, bringing a regal feel to the presentation from an individual who understands the importance of the game to the English public. Prime Minister David Cameron spoke without notes of the “passion and expertise” the nation has to host a successful games.

Possibly the most influential figure in the last few days has been soccer icon, David Beckham. Beckham spoke of his childhood growing up as a soccer fan and of the experiences and honours that have befallen him in his illustrious career. The player is a passionate and fantastic ambassador for the bid speaking emotionally about the benefits the Cup could bring to England and it’s children and grandchildren.

A polished and concise presentation was wrapped up by bid chief executive Andy Anson and a video showing the influence of English Football all around the world.

Russia

Last up were Russia, the favourites to win the bid for long periods of the process. Breaking news which shocked many yesterday was revealed confirming that President Vladimir Putin would not be attending the event. Putin stated that he felt his presence was not in the spirit of the game, seemingly condemning the appearance of political figures from the rival teams.

The bid was introduced by bid chief executive Alexey Sorokin who immediately looked to lift the mood following a lengthy and overrun presentation from Spain/Portugal.

“Being the last bid to present we have two options,” said Sorokin. “Either bore you to death with facts and figures from our bid book, or show you what is in our hearts. We chose the second option.”

The bid was very much focused around the fact that Russia believed they could make history with FIFA and open avenues to new markets and new fans.

A video was shown highlighting a little boys dream of playing for his country followed by a cultural glimpse of opera featuring football playing singers.

Russia hoped that FIFA would choose their bid to help them to develop their country and develop the game in a nation which may not be as familiar to international football on a global stage as some of their rivals.

Russia also used their FIFA ExCo member in Vitaly Mutko who joked, in a light hearted presentation “If you give us a chance, Fifa, you will never regret. I also promise that in 2018, I will speak English like my friend Geoff Thompson.”

The presentation was joined by sporting icons including pole vaulter Yelena Isinbayeva and Arsenal soccer star Andrey Arshavin in a well-balanced and competent display.

Button Brazilian attack possibly kidnap attempt: Sir Stewart

Jenson Button might have been the victim of an attempted kidnapping in Sao Paulo on Saturday night, according to former Formula One champion Jackie Stewart.

The Formula 1 paddock was in shock on Sunday after it emerged the reigning World Champion’s car had been approached by up to six men with guns whilst returning from Interlagos to his Morumbi hotel.

The specially trained police driver fended off the attack by smashing through traffic, with triple World Champion Stewart worrying that wallets and watches might not have been the target.

“Drug barons don’t go out to kill people but kidnap them because they are linked to rich multinational companies. In Jenson’s case that means Vodafone and Mobil,” the Scot said.

50 years ago, Cuban rebels kidnapped the then reigning World Champion Juan Manuel Fangio at gunpoint and held him for 24 hours.

Button’s father John, who was in the car with his son at the time of the attack, admitted he fears it was not random.

Rumours on Sunday suggested the attackers were alerted a few minutes before the attack that Button’s entourage had left the circuit.

“It was really weird,” said John Button, “because we were in a very small, compact Mercedes, and they couldn’t see in.”

“It looked like they were waiting for someone, so that’s a little bit worrying.”

Button’s attack was not the only security issue at Interlagos this year. A group of photographers had their cameras stolen, a radio producer was relieved of his wallet and car keys, and even the local Lucas di Grassi admitted to being mugged.

“A guy walked up to the car, tapped a gun in his belt and I handed over the watch,” said the Virgin driver.

One certainty is that Button was relieved to leave Brazil on Sunday night.

“I don’t think that’s the way to put it,” he said before the race. “It’s an epic circuit and it holds a lot of good memories. But I’ll be on my way home tonight.”

Rory McIlroy’s Foundation to Host 2015 Irish Open

Rory McIlroy’s charitable foundation has signed on to host the 2015 Irish Open on the European Tour.

The event will be held May 28-31 at Royal County Down where McIlroy made his last appearance as an amateur at the 2007 Walker Cup.

The Rory Foundation was set up at the start of 2013 to raise funds for children’s charities across the world. In his role as tournament host, allergy McIlroy will not just tee it up in the event but also recruit other world-class players and develop the event’s commercial and sponsorship activities.

“Since making my debut in 2005, doctor  the Irish Open has always been a special tournament to me, pill ” he said a release. “I am excited to be partnering with George O’Grady and the European Tour, especially for next year’s tournament at Royal County Down.”

Welcoming the announcement, George O’Grady, Chief Executive of The European Tour, said: “Since I first met Rory when he was playing for Europe in the 2004 Junior Ryder Cup team in Detroit, I could sense he was not just a remarkably talented golfer, but also a remarkable young man.

“As the Chief Executive of The European Tour, it has been a true pleasure watching Rory’s transition from one of the world’s leading amateur golfers in 2007 to the Number One golfer in the world and a four-time Major Champion.

“The European Tour is thrilled that Rory and his Foundation would wish to partner with the Tour and become more closely involved in the development of the Irish Open. Today’s announcement further demonstrates Rory’s uniquely special qualities and his commitment not simply to his national Open, but also to The European Tour.”

Williams F1 Looks to Long-Term Strategy as Losses Revealed

Williams Grand Prix Holdings PLC has announced its interim results for the six months to 30 June 2014 with losses toppling overthe £20 million mark.

The Grove-based outfit announced its interim financial results on Friday, cheap with losses of £20.7million for the F1 team and £18.8million for the entire group over the first six months of 2014.

Overall Group income for the period was £46.6m (2013: £56.4m), discount with EBIT of £(17.1)m (2013: £(2.7)m). The year over year reduction in revenue and earnings is accounted for by the recognition in 2013 of a special non-recurring sponsorship payment for 2014 within last year’s accounts.

Group Chief Executive Officer Mike O’Driscoll said, “At the beginning of the second half of last year we began an ambitious strategy to rebuild the Formula One organisation, develop a strong Advanced Engineering division, and divest non-core operations. We have already made substantial progress towards our objectives.

“This strategy has required significant investment, as illustrated by our first half results, and it is anticipated that this will also impact the full year results.

“After a number of disappointing seasons, our Formula One team has been significantly strengthened across all key functions. Our long-term power unit supply agreement with Mercedes provides strength and stability. As a consequence we have made a significant step-change in our on-track performance. We have also made great progress commercially, underscored by our title partnership agreement with Martini.

“Williams Advanced Engineering is also evolving, as it completes its move into a new £8m facility that opened in the second quarter of 2014. This new base of operations will provide the business with the opportunity to increase its project portfolio and we are seeing a strong pull from the market for the company’s unique offering of energy efficient performance technologies.

“These financial results are in line with the Board’s expectation of what is required to rebuild and reinvigorate the team and we believe that they reflect the transitionary period that we must continue to work through if we are to realise the potential of the Group.”

Sir Frank Williams, Founder and Team Principal, added, “Our on track performance through the first half of this season is evidence that we have started to build a solid foundation for the future. Our long-term financial prosperity will of course always be a reflection, both directly and indirectly, of our Formula One performance. The impressive upturn in our performance this season is validating our approach.”

Race Team Alliance Expands NASCAR Membership

Race Team Alliance (RTA), pills a not-for-profit business league comprised of race teams participating in the NASCAR Sprint Cup Series, look has expanded their membership to 18 full-time NASCAR Sprint Cup teams, ampoule comprising 37 full-time entries.

The purpose of the organisation is to create an open forum for the teams to explore areas of common interest and to work collaboratively on initiatives to help preserve, promote, and grow the sport of stock car racing.

“One of the early goals of the Race Team Alliance was to expand our membership, and after only a month in existence, we have accomplished that goal,” said Rob Kauffman, the RTA’s elected chairman. 

“We now have virtually all the full-time teams participating. I think the membership as a whole is enthusiastic to get to work on some of the other items on our agenda, in particular some of the cost areas and marketing opportunities we have already identified.”

The RTA membership includes: BK Racing, Circle Sport, Front Row, Chip Ganassi Racing with Felix Sabates, Germain Racing, Go Green / FAS Lane, Hendrick Motorsports, HScott Motorsports, Joe Gibbs Racing, JTG Racing, Michael Waltrip Racing, Phil Parsons Racing, Richard Childress Racing, Richard Petty Motorsports, Roush Fenway Racing, Stewart-Haas Racing,Team Penske and Tommy Baldwin Racing

Maria Sharapova Retains Top Spot as Highest Paid Female Athlete

Teniis star Maria Sharapova has retained her position as the highest-paid female athlete for the 10th consecutive year, according to Forbes magazine.

The Russia athlete secured $24.4 million in endorsements and prize money between June 2013 and June 2014.

Sharapova, who suffered an injury-hit season, took home only $2.4 million in tournament winnings over the 12-month period — almost $4 million less than in the previous year, Forbes said Wednesday.

But she made up for that with a number of lucrative endorsements, which totaled $22 million, including deals with athletic wear manufacturer Nike, watchmaker Tag Heuer and carmaker Porsche.

Meanwhile, Sharapova’s $1 million annual deal with cosmetics company Avon helped offset a loss of earnings when Nike in November sold shoemaker Cole Haan, from which she had received significant royalties on a best-selling line, Forbes said.

Sharapova, who was born in Russia but lives and trains in the U.S., was joined by no less than six other tennis players in the Forbes top-10 list.

Chinese star Li Na — whose marketing value has soared since 2011, when she became the first Asian-born star to win a Grand Slam — pulled in a total $23.6 million last year, Forbes said. Li has endorsement deals with Nike, technology giant Samsung and a number of Chinese companies among others.

Sharapova’s fierce U.S. rival, Serena Williams, who took home five times more in tournament earnings than Sharapova did in 2014, pulled in an estimated $22 million in total — placing her third on the list.

Check Out Forbes Top Ten below:

Name Rank Sport Prize Money     Endorsements     Total Earnings
Maria Sharapova 1 Tennis $2.4 million $22 million $24.4 million
Li Na 2 Tennis  $5.6 million $18 million $23.6 million
Serena Williams 3 Tennis $11 million $11 million $22 million
Kim Yuna 4 Figure Skating $300,000 $16 million $16.3 million
Danica Patick 5 NASCAR $7 million $8 million $15 million
Victoria Azarenka 6 Tennis $3.6 million $7.5 million $11.1 million
Carolina Wozniacki 7 Tennis $1.3 million $9.5 million $10.8 million
Agnieszka Radwanska 8 Tennis $3.8 million $3.0 million $6.8 million
Ana Ivanovic 9 Tennis $1.4 million $5.0 million $6.4 million
Paula Creamer 10 Golf $1.0 million $4.5 million $5.5 million

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