LG confident over Korean GP

Formula One sponsor LG has said it is confident the Korean Grand Prix will go ahead as planned in October, despite problems over the construction of the circuit.

Executive vice-president and chief marketing officer at LG – which is based in South Korea, Dermot Boden, has said everything is being done to ensure the race goes ahead.

He said: “I live in Korea – I’ve been living there for two-and-a-half years – and this race is going to occur.

“The Koreans are passionate, driven and committed. They are very focused on delivering on their Key Performance Indicators and I want to be clear – we will have a race in Korea.

“I strongly believe that and I don’t have any reason to doubt that. The Koreans will want to deliver not jst a race but an outstanding race – and I think they will do that.”

 

Rogers replaces GM as Canucks Arena sponsor

Canadian company Rogers Communications has replaced General Motors (GM) as the title sponsor of the Vancouver Canuck’s ice hockey arena.

The arena has now become Rogers Arena, after a 20-year deal between GM Canada and Canucks Sports and Entertainment ended five years earlier than originally intended. Rogers Communications has agreed a ten-year naming rights deal for the arena.

Chief operating officer at Canucks Sport and Entertainment, Victor de Bonis, said: “General Motors has been an integral part of our business for many years. We are excited about our continuing sponsor partnership that will align with General Motors’ new business priorities. Our home arena has hosted some of the biggest events in the history of our country and we are fortunate that General Motors has been a loyal partner for so long.”

Rogers Communications president and CEO, Nadir Mohamed, said: “It’s not just the branding aspect, but also extending it into the community and leveraging our technologies. One of the things we believe in is taking the game to the fans wherever they might be.”

Rogers also owns Major League Baseball’s Toronto Blue Jays and the team’s home, Rogers Centre.

Abu Dhabi Added to 2015 ITU World Triathlon Series

The International Triathlon Union (ITU) have announced that Abu Dhabi will debut on the 2015 ITU World Triathlon Series (WTS) calendar for the first race of a five-year partnership between the Abu Dhabi Sports Council (ADSC) and ITU. The United Arab Emirates capital city will kick off the WTS season on March 6-7.

“This is a partnership which represents a meeting of like minds in terms of ambitions,” said Marisol Casado, ITU President & IOC Member. “Abu Dhabi is a world class city and offers a fantastic combination of beautiful water and superb road infrastructure that is entirely suitable for a WTS event. 

“In our talks leading up to the partnership it became apparent that Abu Dhabi wants to take its triathlon to the next level and expand the sport’s reach in much the same way as ITU is determined to progress the sport internationally.”  

ITU also confirmed that the dates for the World Triathlon London are officially set for May 30-31 and will again offer a sprint distance course. The Hamburg and Edmonton stops on the Series will also feature the fast and furious sprint races. 

Abu Dhabi is the only new stop on the 2015 calendar, while Gold Coast returns for the first time since 2009 for a Series that will feature a total of 10 cities. 

“The World Triathlon Series represents the ‘best of the best’ – like Abu Dhabi – with the sports elite competing in a 10-city circuit, all striving to become World Champion and qualify for the Olympic Games,” said His Excellency Aref Al Awani, General Secretary, ADSC. 

“We envisage a host of benefits emerging from this partnership. These include further positioning of Abu Dhabi as a destination for world-class sporting events, additional destination exposure among an influential client base, encouragement of our own youth to join in one of the world’s fastest-growing Olympic sports and the promotion among our own community of the benefits of healthy lifestyles.

IRB Expects Record Audience for Women’s Rugby World Cup

The Women’s Rugby World Cup is set to be broadcast to more homes and countries than ever before, the International Rugby Board has revealed.

With just one week before the tournament kicks off in Paris, fans in 138 territories around the globe will be able to watch the pinnacle of the women’s fifteens game from France.

The competition, which runs from August 1-17, will be beamed to a potential 289 million homes across the globe, with 306 hours of live Rugby broadcast, more than any previous Women’s Rugby World Cup.

The pool stages will be played at FFR headquarters in Marcoussis, with the semi-finals and final to be played at the newly re-developed Stade Jean Bouin in central Paris. New Zealand’s Black Ferns are out to retain their crown after beating England to win the coveted trophy in London in 2010.

Fifteen matches will be broadcast to a global audience by host broadcasters France TV and Eurosport over the five match days in the French capital, including all matches from pitch one in Marcoussis and all matches from Stade Jean Bouin.

International Rugby Board Chairman Bernard Lapasset said: “The fact that millions of Rugby fans in almost 140 countries can watch Women’s Rugby World Cup is testament to how well the women’s Game has been developed in recent years.”

“It’s also fantastic that so many fans can access the matches on irb.com. We’re really looking forward to kick-off this time next week, as I believe this tournament will really raise the bar for women’s Rugby, and we have some classic matches in store.”

Manchester United’s Brand Value Decreases While Bayern Munich Remains Top

Manchester United’s brand value has depreciated significantly according to a new study by Brand Finance.

For several years Manchester United held sway as football’s most valuable brand. However in 2013, Brand Finance anticipated the likely dip in performance and prestige resulting from Sir Alex Ferguson’s departure, allowing Bayern Munich to claim the top spot. With just such a nightmare season having come to pass this year, United’s value has fallen further; the 2014 brand value of $739m is down $98m on last year, its AAA+ brand rating has slipped to AAA and it has fallen into 3rd place as Real reaps the rewards of Champions League victory.

The Brand Finance Football 50 is an annual study conducted by leading brand valuation and strategy consultancy Brand Finance. Football’s biggest clubs are put to the test to determine which command the most powerful and valuable brands.

The World’s Most Valuable Football Club Brands (according to Brand Finance)

2014  2013  Club Country 2014 Brand Value ($m) 2014 Brand Rating 2013 Brand Value ($m) 2013 Brand Rating Change ($m)
1 1 FC Bayern München Germany 896 AAA 860 AAA 36
2 3 Real Madrid CF Spain 768 AAA+ 621 AAA+ 147
3 2 Manchester United FC England 739 AAA 837 AAA+ (98)
4 4 FC Barcelona Spain 622 AAA+ 572 AAA 50
5 8 Manchester City FC England 510 AAA- 332 AA- 178
6 6 Arsenal FC England 505 AAA- 410 AA+ 94
7 5 Chelsea FC England 502 AAA- 418 AA 83
8 7 Liverpool FC England 469 AAA- 361 AA 108
9 10 Borussia Dortmund Germany 327 AAA- 260 AA 67
10 24 Paris Saint-Germain FC France 324 AAA- 85 A+ 238
11 11 FC Schalke 04 Germany 313 AA+ 259 AA- 55
12 12 Tottenham Hotspur FC England 248 AA+ 219 AA 29
13 13 Juventus FC Italy 247 AAA 180 AAA- 67
14 9 AC Milan Italy 236 AAA- 263 AAA- (27)
15 15 FC Internazionale Milano Italy 152 AA+ 151 AA+ 1
16 14 AFC Ajax Netherlands 149 AA+ 162 AA (13)
17 17 Galatasaray AŞ Turkey 141 AA+ 116 A+ 25
18 16 Hamburger SV Germany 138 AA 144 AA (6)
19 37 Club Atlético de Madrid Spain 126 AAA- 67 AA- 59
20 33 Everton FC England 121 AA+ 78 AA- 43
21 20 SSC Napoli Italy 121 AA+ 101 AA- 19
22 23 Bayer 04 Leverkusen Germany 116 AA 90 AA- 25
23 31 Aston Villa FC England 115 AA 80 AA- 35
24 29 West Ham United FC England 112 AA- 82 A 31
25 21 Olympique Lyonnais France 110 AA 101 AA- 9
26 28 AS Roma Italy 108 AA+ 82 AA 26
27 30 Newcastle United FC England 102 AA 81 AA 21
28 25 VfB Stuttgart Germany 102 AA 83 A+ 19
29 26 Valencia CF Spain 99 AA 83 AA- 16
30 32 SV Werder Bremen Germany 94 AA 79 AA- 15
31 35 Sunderland AFC England 93 AA- 72 A+ 21
32 18 Olympique de Marseille France 91 AA 111 AA- (19)
33 27 VfL Wolfsburg Germany 91 AA 82 A 8
34 22 Fenerbahçe SK Turkey 87 AA 95 A+ (9)
35 19 SC Corinthians Paulista Brazil 87 A 103 AA (16)
36 N/A LOSC Lille Métropole France 84 AA N/A N/A N/A
37 44 Celtic FC Scotland 84 AA+ 55 AA- 28
38 42 SL Benfica Portugal 83 AA+ 56 A+ 27
39 43 Sevilla FC Spain 77 AA 56 AA+ 22
40 N/A Southampton FC England 76 A+ N/A N/A N/A
41 41 Stoke City FC England 75 AA- 59 A+ 16
42 47 West Bromwich Albion FC England 74 AA- 54 A 19
43 36 Beşiktaş JK Turkey 70 AA 71 A+ (1)
44 50 SS Lazio SpA Italy 62 AA 52 AA- 10
45 40 PSV Eindhoven Netherlands 59 AA+ 61 AA- (2)
46 38 Santos Futebol Clube Brazil 58 A 65 AA (6)
47 48 FC Girondins de Bordeaux France 56 AA- 53 A+ 3
48 39 São Paulo FC Brazil 54 A 62 A+ (8)
49 45 CR Flamengo Brazil 50 A 55 A+ (5)
50 34 Fulham FC England 49 AA- 75 A+ (27)
Total Total 10,072 8498 1,575

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FIBA Hires the Sports Consultancy to Find Host for 2019 World Cup

In a bid to find a host for the 2019 FIBA World Cup, sale the International Basketball Federation (FIBA) have hired London based sports agency, health The Sports Consultancy.

The Sports Consultancy, a specialist in the area of host city tendering, having last year secured Singapore as host to the WTA Championship and over ten host cities for the 12th and 13th editions of the Volvo Ocean Race, will work closely with FIBA to develop the bidding materials and process for the procurement of the host city for the federation’s 2019 premier event.

Commenting on the appointment Angus Buchanan, Managing Director, The Sports Consultancy said: “We are delighted again to be working with FIBA to help build their relationships with host cities and secure a host for the 2019 FIBA World Cup.  Our rights holder consultancy practice is rapidly expanding in the full range of rights management and our specialisms in host city procurement is now particularly strong.  We will be using the extensive insights gained across these areas to deliver a successful bid process for FIBA.”

Predrag Bogosavljev, Director of Events, FIBA added: “We have been working with The Sports Consultancy over the last year reviewing how, as an international federation, we manage our bid processes for youth events. We found our cooperation with The Sports Consultancy highly beneficial and fully in line with our needs. Their team of highly professional consultants have proven experience in this sector. Extending this consultancy to our premium event, the FIBA Basketball World Cup, is the next phase. We look forward to setting new standards.”

The bid process for the 2019 FIBA World Cup launches in April 2014 when potential hosts will be invited to express an interest in hosting basketball’s showpiece event.

USA Triathlon to Remain at Colorado Springs Base after Donation

USA Triathlon have announced today the National Governing Body has acquired its current office building and will remain in Colorado Springs for the foreseeable future. The transaction was due in part to a generous donation from Nor’wood Development Group.

The organization moved to 5825 Delmonico Drive on the northwest side of the city in September 2010, cialis and nearly 50 of USA Triathlon’s 57 full-time employees work on-site. Founded in 1982, cialis USA Triathlon has been headquartered in Colorado Springs since fall 1988. The donation from Nor’wood allows USA Triathlon the flexibility for expansion, drugs and available space in the building may be offered for lease to other tenants including U.S. National Governing Bodies in the coming months.

“This investment in our national office headquarters is a testament to the growth of the sport and the success of our organization,” said Rob Urbach, USA Triathlon CEO. “This transaction not only enhances our balance sheet but also enables us to expand in size and scope while better serving our constituents. We are also proud to represent the Olympic Movement here in Colorado Springs alongside the U.S. Olympic Committee and a number of other National Governing Bodies.”

“USA Triathlon has made significant contributions to the community over the last 25 years, and this donation has allowed USA Triathlon to make the commitment to stay here in Colorado Springs for the long-term,” said Chris Jenkins, President of Nor’wood Development Group. “This is the third National Governing Body we’ve worked with, and we’re passionate about the future of Colorado Springs becoming America’s Olympic city.”

ABT Sportsline Becomes First German Team in Formula E

The FIA Formula E Championship has welcomed a new team to the grid with ABT Sportsline, led by Team Principal Hans-Jürgen Abt, becoming the only German outfit to enter the new series competing under the banner ‘Audi Sport ABT Formula E Team’. 

“We’re proud to have the opportunity to take part in the debut of this new racing series. Participating in the new FIA Formula E Championship marks a completely new chapter in our more than 60-year motorsport history,” said Hans-Jürgen Abt.

“As a company that has been active in the field of regenerative powertrains and electric mobility we’re convinced of the series’ concept. It’s innovative, delivers motorsport at the highest level and a great show for fans around the world – all of which are a perfect fit for ABT Sportsline.”

The outfit, from Germany’s Allgäu region, will race under the name of Audi Sport ABT Formula E Team, based on the name used in its successful commitment as an Audi factory team in the popular international touring car series DTM.

Head of Audi Motorsport Dr Wolfgang Ullrich commented: “We’ve been watching this new project of the FIA with great interest and are delighted that ABT Sportsline as one of our close and long-standing partners will be involved right from the beginning. We’re keeping our fingers crossed for the squad on tackling this new challenge and are planning to support its commitment with drivers from our factory line-up if required.”

The agreement was signed by Hans-Jürgen Abt and Alejandro Agag, CEO of Formula E Holdings, in Kempten, Germany. Audi Sport ABT Formula E Team will now be put forward to the FIA for final approval as the seventh outfit to enter the new global electric race series. They join IndyCar outfits Andretti Autosport and Dragon Racing, Asia’s China Racing and Super Aguri and fellow European squads Drayson Racing and e.dams.

Alejandro Agag said: “We’re delighted to welcome the Audi Sport ABT Formula E Team into the championship, our seventh of 10 teams and the third European outfit. Formula E is very much an open championship and a platform for teams to showcase their own fully-electric cars, so to have one of the most successful German motorsport teams with the support of a big manufacturer on board is a fantastic addition to the series. I’m sure German racing fans will also be particularly pleased as they now have a home team to support during the Berlin Formula E race.”

PGA of America Considering Staging US PGA Championship Outside America

The PGA of America, the sanctioning governing body for Golf in the United States, has revealed they are considering staging the US PGA Championship outside the America some time after 2019.

A report in Golf Digest has revealed that a committee is studying the impact of holding the major championship around the world, with the earliest possible date in 2020.

The 2019 US PGA Championship was awarded to Bethpage Black last month.

“This is an exercise we are going through, an analysis,” PGA of America chief executive officer Pete Bevacqua told the magazine.

“It is far from a fait accompli that we are going to take the PGA Championship international.

“When we sat down to map our strategic plan to service our members and grow the game the question arose as to what impact it would have to take the PGA Championship to an international location once or twice a decade.

“It would be something we would only do if we had the co-operation of quite a few groups. It would need to work for the PGA Tour and it would need to work for the PGA Tour players.

“Another would be the PGA in the particular area we would consider. We would want the international PGAs to be a part of this and share in this. Many pieces would have to fall in place.

“We need to push ourselves to think outside the box. What I have said internally is, ‘Shame on us if we don’t consider it and go through the exercise’.”

England Basketball Partners with BBL to Boost the Sport after London 2012

England Basketball, the national governing body for Basketball in England, has agreed a partnership with the British Basketball League (BBL) to capitalize on the surge of interest in the sport, following the London Olympics. 

This past season has seen basketball’s three domestic finals at Birmingham’s NIA, Glasgow’s Emirates Arena, and at Wembley Arena attract over 20,000 spectators, and like for like attendances at the top clubs are up 27% for the recently completed 2012/13 season.

A new franchise will be in Birmingham in the new season, and London Lions are moving to the Copper Box Arena. BBL have also announced a five year sponsorship deal with Spalding, and further commercial sponsorships will be announced shortly. In addition, grass roots activities by England Basketball and the BBL Foundation are expanding significantly, particularly around the 3on3 form of the game, and basketball has seen the greatest increase in participation in England amongst all team sports, and is now ranked third in team sports for regular participation, behind only football and cricket. 

England Basketball Chairman Jan Hagen said: “I am excited about the tremendous potential in the sport, following my recent appointment as Chairman, and I believe we have a great opportunity to drive participation in the sport by working with the BBL, the top Clubs, and other partners. The BBLclubs are committed to their work in the communities and in youth development and we want to leverage even further the synergies between the organizations.England Basketball will be actively looking to work with other basketball specific and multi-sport partners as part of its new strategy and more collaboration projects will follow in due course.” 

Ed Percival, Chairman of BBL added: “We are delighted to support this focus and drive on basketball participation, and particularly in our inner cities. Working with the governing body even more closely will undoubtedly enhance our delivery programmes and drive long term interest in the sport.”