Luca di Montezemolo Remains Ferrari President after Political Rebuff

Luca di Montezemolo will remain the Ferrari president after deciding to take a step back from his political aspirations revealing he won’t run for a seat in the Italian Parliament.

Montezemolo created the Futura party back in 2009 and had been widely tipped to push ahead with a bid to secure a role in Parliament – although such a move would have led to a conflict of interests thanks to his role as president of Ferrari.

As a result, di Montezemolo has taken the decision not to run for a seat in Parliament and will remain in his position as head of Ferrari, although he insisted he still had a role to play within Italia Futura moving forwards.

“I will not run for a seat,” he told La Repubblica. “I will leave it to the many qualified people who have supported and worked for the association in the past few years. It is only fair that they are the key players.

“Italia Futura is close to turning into something a lot more widespread and diverse and I won’t be the leader of it. I will support it with determination, but not in a position that will lead to any conflicts of interests.”

Kevin Durant to Open New Restaurant in Oklahoma

NBA’s Kevin Durant of the Oklahoma City Thunder is set to open a new retaurant in  Lower Bricktown entertainment district which is scheduled to open early fall 2013. Construction will begin following the groundbreaking ceremony held on Oct. 30.

The upscale Southern cuisine restaurant will feature Durant’s favorites including chicken satay, popcorn lobster, honey-dipped fried chicken, center cut pork chops, blackened catfish stuffed with crab meat and shrimp, slow-smoked barbecue ribs, chicken and shrimp jambalaya as well as a variety of steaks, seafood and desserts. KD’s will also feature a complete wine list and specialty drink menu.

“I am very excited to be opening my first restaurant in Lower Bricktown,” Durant said. “I look forward to spending a lot of time there with my fans and friends, and enjoying great food and live music. I want customers not only to enjoy incredible food at my restaurant, but to always gather for a great experience.”

The interior will be warm and comfortable with a vibrant atmosphere. The restaurant will feature a walk-around bar and live music played by local and nationally known musicians on select nights. KD’s will seat approximately 320 people and will occupy approximately 10,000 square feet.

Nestled between Toby Keith’s I Love This Bar & Grill and Harkins Bricktown 16 movie theater in Lower Bricktown, the restaurant will be built along the Bricktown Canal and will include an outdoor patio as well as a hookah room. KD’s is expected to be another popular destination point along the canal where water taxis carry visitors to various stops including restaurants, shops and nightclubs.

“This new restaurant will undoubtedly be a hotspot for the Oklahoma City community, Thunder fans and tourists alike,” said Oklahoma City Mayor Mick Cornett. “We are lucky to have a professional athlete like Kevin Durant who is helping make Oklahoma City a great place to live, work and have fun.”

Lower Bricktown is an extension of Bricktown, which received a much-needed facelift in 1993 following a massive public facility enhancement project. Just steps away from Chesapeake Energy Arena, home of the Oklahoma City Thunder, Bricktown is a popular destination for both locals and tourists. Today, Bricktown together with Lower Bricktown are home to more than 50 restaurants, Harkins Theaters Bricktown 16, Bass Pro Shops, and nightclubs as well as corporate headquarters of Sonic Drive-In.

The restaurant is being developed by Hal Smith Restaurant Group and Oklahoma City Developer Randy Hogan in partnership with K. Durant Restaurant Group, LLC. Joe Jungmann will serve as managing partner overseeing day-to-day restaurant operations. Jim Buchanan from Buchanan Management Group, LLC, consulted on the project. The Hal Smith Restaurant Group is a restaurant management company which owns and operates a variety of concepts in seven states with more than 50 locations.

Durant is a professional basketball player with the Oklahoma City Thunder of the NBA.

 

DCHL Begins Bidding Process to Buy IPL’s Deccan Chargers

Deccan Chronicle Holdings Ltd (DCHL) today issued a tender notice inviting bids from prospective buyers for its financially stricken IPL franchise, impotent | Deccan Chargers.

The Indian cricket board’s (BCCI) working committee on Monday decided to allow DCHL to go ahead and issue tender notice in the leading national dailies.

According to the tender notice, prostate | “under this invitation to tender issued by DCHL, sale the winning bidder will acquire from the DCHL on an “as is where is” basis the right to own and operate the IPL team currently known as Deccan Chargers, which is and will continue to be based in Hyderabad and which competes in the Indian Premier League and which has the opportunity (if applicable and subject to qualification) to compete in each and any CLT20 which is staged from 2013 onwards“.

The term “as is where is” means that the new buyer will have to use the name Deccan Chargers and will have to clear the liabilities of the current owner.

The invitation to tender and the bid document can be acquired from the BCCI office in Mumbai from September 7 upon a payment of Rs 5 lakh by demand draft or pay order favouring DCHL.

According to the IPL constitution, 5 per cent of the bidding amount will be acquired by the BCCI.

The last day for submitting the bid will be 12 noon on September 13 and the winning bid will be announced on the same day.

The new potential buyer may have to pay the salary of the Deccan Chargers’ players for the fifth edition of the IPL.

The move will also help consortium of banks, which had loaned out significant amount to DCHL, to recover their money since the name of the team will remain Deccan Chargers.

Earlier in June, DCHL had appointed investment banking institution, Religare to find a potential buyer but they were unable to find one, who would readily buy the team with its financial liabilities.

NFL to Refurbish 15 Fields

The National Football League (NFL) is to refurbish football fields in 15 cities spending $2.5 million in grants by doing so.

The money will go to schools, parks and other facilities in Atlanta; Spartanburg, S.C.; Chicago; Alexandria, Ky.; Grafton, Ohio; Pueblo, Colo.; Detroit; West Allis, Minn.; New Orleans; Newark, N.J.; Philadelphia; Penn Hills, Pa.; Clearwater, Fla.; Madison, Tenn.; and Washington.

Teams whose markets will benefit from the grants are the Falcons, Panthers, Bears, Bengals, Browns, Broncos, Lions, Packers, Saints, Giants, Eagles, Steelers, Buccaneers, Titans and Redskins.

Commissioner Roger Goodell calls community fields “the pillars of neighborhoods across the country, places where families can `play 60′ together in a safe environment.”

The program is a partnership between the league and the Local Initiatives Support Corporation.

Pittsburgh Steelers ‘Terrible Towel’ Middle of Trademark Breach

The Terrible Towel, a yellow and black cloth, signature of the Pittsburgh Steelers fans has been in the middle of a lawsuit between the Steelers, compatriots a disabled school and Eugene Berry Enterprise LLC about trademark breach.

The lawsuit alleges that Eugene Berry Enterprise LLC filed a trademark application in May for “The Terrible T-Shirt” and had been selling the shirts emblazoned with those words and “A Pittsburgh Original,” court documents said.

Attorneys for the Allegheny Valley School, which owns the Terrible Towel trademark, asked the company to withdraw the application before its owner attempted to have more of the shirts printed, the documents said. It has been selling the shirts since February, according to the suit.

The suit, filed on Monday, alleges trademark infringement, unfair competition, fraud and other offenses. It seeks damages including profits from the T-shirts, attorneys’ fees and other expenses.

The late sportscaster Myron Cope invented The Terrible Towel in the mid-1970s. In 1996, he gave the trademark to the Allegheny Valley School, where his autistic son lived. The Steelers have an exclusive license to market Terrible Towel-marked items.


Leaders Sports Summit Sold Out Allocation for Exhibition

The Leaders Sports Summit’s Centre of Excellence Exhibition has sold out ahead of schedule, seven weeks before the event on October 5-6.

This years the summit has attracted twenty-five companies dedicated to media, technology and commercial services to sport who will showcase their services to 1,000 director-level executives from more than 40 sports and 45 countries worldwide. According to organisers of the event, 60% have re-booked from the 2010 edition and there will be a new zone dedicated to performance on – rather than off – the sporting field where new technologies can deliver big commercial gains.

Companies include, service providers such as AFL Architects, Eurovision, Green 4 Solutions, IBM, Prozone Sports, Sony Europe, Supponer Systems and Ticketmaster will be at the event, which is taking place at the home of Barclays Premier League club Chelsea in London.

The Leaders Sports Summit represents five conferences and these are set to sell out for the fourth consecutive year with only 43 passes remaining for Leaders in Football, 39 for Leaders in Sponsorship, 36 for Leaders in Digital Sport, 33 for Leaders in Performance and 29 for Leaders in Racing. For more information visit the website: www.leadersinevents.com.

LOCOG Claim Most Applicants Cards to be Debited by Next Week

Organisers of next year’s London Olympics (LOCOG) have announced that most of the money for the first round of Olympics tickets sales will be debited from ticket applicants’ bank accounts by next week.

LOCOG said 60 per cent of cards would be debited by midnight on Wednesday, the “vast majority” by 31 May, and the process completed by 10 June. The payment process had been due to begin on 10 May, but so far no cards had been debited.

LOCOG revealed that the second round of sales, in late June, will initially offer unsuccessful first round ticket applicants the first chance to buy those tickets still available on a first come, first served basis before the public who did not originally apply are able to buy tickets.

Initial applicants will be contacted before 24 June to confirm if they have been successful in buying any of the 6.6 million tickets available, and which ones they have been allocated.

The e-mail sent out to these applicants stated that Visa payments would only be taken for successful applications, and that if cards had been lost or stolen, or there were any issues with collection of payment, applicants would be contacted about it by 10 June.

LOCOG deputy chairman Keith Mills said they were trying to make sure the system was “fair and even” and that people were informed at the same time about whether their application had been successful.

He told BBC Radio 5 Live: “One of the problems when you are doing something on this scale is if you tell one person they’ve got tickets, they tell their friends and suddenly we have a switchboard jammed with people – so we are trying to do this extremely thoroughly.”

“It’s going brilliantly well – it’s very complex, but it is going brilliantly well,” he added.

He added that hundreds of thousands of unsold tickets would be available to buy later in the year.

Indian-Pakistan tennis team wins Peace and Sport award

This year’s Peace and Sport Image of the Year Award has been given to the doubles tennis team formed by Indian Rohan Bopanna and Pakistani Ul-Haq Aisam Qureshi, it has been announced.

The award, presented by the Peace and Sport organisation in partnership with SPORTELMonaco and Getty images, is given to the image that best showed the ability of sport to advance peace in the world.

Hindu Roham and Muslim Aisam have been playing together for three years and actively campaign for peace between the two nations through their partnership, displaying the slogan “Stop War, Start Tennis” on their gear.

President and founder of Peace and Sport Joel Bouzou said: “Sport’s greatest victory is not measured in terms of medals. It is measured by its ability to positively change people’s lives and bring them hope. And that’s exactly what Rohan and Aisam succeed in doing.”

European Tour Partners with Red Lantern to Launch Chinese Social Media Channels

The European Tour has expanded its coverage in Asia by launching Chinese social media channels

European Tour accounts on the Chinese platforms Weibo and WeChat will feature, sale in Mandarin, live updates, news, information and competitions from all European Tour events and The Ryder Cup, with particular emphasis on local tournaments including this week’s Hong Kong Open followed by the BMW Masters and WGC-HSBC Champions, to be held in Shanghai over the next month. 

The European Tour is partnering with Red Lantern Digital Media to deliver its official Chinese social channels.

The social media coverage will also focus on the European Challenge Tour events in China, starting with this week’s Shankai Classic in Chongqing, south-west China, and the Foshan Open taking place in Nanhai District, southern China, next week. 

Both events will carry live Mandarin on-the-ground updates on Weibo and WeChat, giving fans the latest news and behind-the-scenes photos and videos. 

Mark Lichtenhein, Director of Digital, Broadcasting and Technology of the European Tour, said: “We are excited to further expand The European Tour’s social media reach through the integration of Weibo and WeChat for China. It is important for us to serve our fans across the globe in their local language, and we look forward to provide our Chinese fans with exciting content and a unique insight to The European Tour.

‘’The Tour’s website already features in Spanish, German, French and Japanese with further plans to roll out Mandarin and Arabic in the near future.”

Red Lantern’s existing partners for China digital include the Premier League, the Wimbledon Championships, the International Tennis Federation and Manchester United striker Wayne Rooney. 

Lewis Hannam, Managing Director of Red Lantern, said: “We are really excited to be partnering with The European Tour on this project.

“Chinese social media platforms offer a great opportunity to connect with golf fans in China, as well as learn more about what excites them as fans. 

“We look forward to bringing all the excitement and heritage of The European Tour to them – starting with the Challenge Tour event in Chongqing.” 

Red Lantern will continue to consult The European Tour on its Chinese social media strategy including the set-up of the official European Tour Youku platform, as well as mobile app and web integration into Chinese social platforms.

Gold Coast Suns Appoint New CEO

Gold Coast Suns have appointed chief operating officer Andrew Travis as the AFL club’s new chief executive.

Travis had been acting CEO at the Suns following the departure of Travis Auld to the AFL’s executive last month.

The 44-year-old, who has been COO at the Suns since their inception, will take up the role immediately and lead the hunt for a new head coach following last week’s sacking of Guy McKenna.

Travis said he was looking forward to taking on the role.

“It is a very exciting time to be at the Suns, with a playing list that is the envy of the league, and a great stadium,” he said in a statement.

Suns chairman John Witheriff said Travis had beaten over 100 applicants to the position.

He comes to the job with a deep understanding of our club, a passion for the next stage of our journey, and ready to hit the ground running as CEO,” Witheriff said.

“Andrew has the respect of the club and the industry, and his strong relationships across the AFL will deliver for the Gold Coast Suns.”