Month: October 2021

Powerboat P1's Renewed Focus After Hiatus

Powerboat P1, a marine motorsport promoter, refused to let the global pandemic sink its business.

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A Closer Look at Newcastle’s $409 Million Sale to Saudi Arabia’s Wealth Fund

The Saudi Arabian Public Investment Fund’s purchase of the club is one of its many recent forays into sports.

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Congress Asks NFL for WFT Investigation Emails

Two members of Congress have asked the NFL to release documents related to its investigation of the Washington Football Team.

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JD Sports Buys 80% Stake in Cosmos Sports

British retailer JD Sports is acquiring an 80% stake in Greece-based Cosmos Sports.

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VF Falls Short of Estimates in Q2

Outdoor apparel, sportswear, and footwear giant VF Corporation failed to meet expectations with its latest earnings report on Friday.

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Conference USA Crumbling?

Conference USA has to either add members of its own, or risk being picked apart by the vultures circling above.

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AAC’s Latest Move

The AAC saved itself — but in the process, it may have just killed Conference USA. 

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FTX Raises $420.7M at $25B Valuation

Crypto exchange FTX reached a valuation of $25 billion after a $420.7 million Series B-1 raise. Its value increased $7 billion since July.

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Equinox In Talks to Go Public via Ares Merger

Equinox, the parent of Soul Cycle, is reportedly in talks to go public through a merger with Ares Acquisition.

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Formula 1 Makes Return to North America

After a two-year absence, Formula 1 is making its way back to North America for the U.S. Grand Prix on Sunday.

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