U.S. President Barack Obama has set aside $13 billion in stimulus and budget funds for high-speed trains in America. If he wants an example of how best to use that…
So that’s it. Faster than you can say Michael Schumacher, the spat between Formula One and teams like Ferrari and McLaren is over. The result? The teams won’t set up…
Maybe it sounds cliché, but the English Premier League, the world’s most lucrative soccer league, is going to Disney World. Well, almost. On June 22, U.S. sports giant ESPN, which…
What has happened to the normally genteel world of Formula One? The world’s most popular motorsport, with annual revenues of almost $4 billion and marquee Grand Prix in über-luxury hotspots…
A quick update to my posting below on Real Madrid acquiring Brazilian soccer star Kaká. On June 11, Madrid’s Florentino Pérez was at it again — this time offering a…
To quote a famous saying: “The way to make a small fortune is to start with a big one and buy a soccer club.” Well, someone forgot to tell Florentino…
There’s one question that sports fans never tire of: what team is the best? On May 27, soccer supporters worldwide will be able to find out. That’s because England’s Manchester…
When Japanese automotive powerhouse Honda pulled out of Formula One motor racing last December, warning lights started flashing across this ultra-chic sport. The carmaker said it could no longer afford…
Unemployment is on the rise, manufacturing output is on the wane, and house foreclosures are skyrocketing. We’re entering a global recession, right? You wouldn’t have guessed it from the record…
The Monaco Media Forum, an annual event organized by Publicis to bring together people from across the advertising, media, and Internet sectors, kicked off Nov. 12 in Monte Carlo with…
At first glance, the amazing rise of football club 1899 Hoffenheim from amateur village team to Germany’s Bundesliga looks like confirmation that money does, in fact, buy success on the…
Air travelers are already used to removing their shoes and belts en route to the gate, but passengers of one German charter service will go considerably further. When the pilot…
The Google party was the place to be in Davos on Friday evening for deal making and dancing. The invitation only packed party at the Hotel Belvedere had a star…
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