Kevin Durant’s Thirty Five Ventures invests in Gotham FC
May 06, 2022 23:09 pm UTC| Sports Economy Business
Thirty Five Ventures, the investment vehicle co-founded by NBA star Kevin Durant and his manager Rich Kleiman, is now part of the ownership group of NJ/NY Gotham FC. The deal sees Thirty Five Ventures becomes the third...
Seoul to host Formula E races in August
May 06, 2022 23:09 pm UTC| Sports Economy Business
Formula E Korea will host the Seoul E-Prix, the final Formula E competition of the 2021-2022 season, in Jamsil on August 13-14. Mercedes-Benz, Porsche, and BMW are expected to form teams to compete in the Seoul E-Prix...
Atletico Madrid to sign $42 million a year WhaleFin shirt sponsorship deal
May 05, 2022 23:50 pm UTC| Sports Economy Business
Spanish soccer giants Atletico Madrid is set to sign a US$42.1 million a year shirt sponsorship deal with cryptocurrency exchange platform WhaleFin, according to 2Playbook. From next season, the Amber Group-owned...
DAZN to cover extreme sports as part of Red Bull TV global distribution deal
May 05, 2022 23:49 pm UTC| Sports Economy Business
DAZN will add live extreme sports to its content offering through Red Bull TV as part of its multi-year distribution deal with Red Bulls multimedia arm to stream the energy drink giants linear channel on its global...
Fifa taps Algorand as blockchain partner
May 03, 2022 23:49 pm UTC| Sports
Fifa has tapped Algorand as its official blockchain sponsor ahead of the Qatar 2022 World Cup in a technical partnership to develop its digital asset strategy for Web 3.0 in line with the soccer bodys sustainability...
Audi, Porsche to participate in F1 by 2026
May 03, 2022 23:48 pm UTC| Sports Economy Business
Audi and Porsche are set to enter Formula One from the 2026 season to coincide with the introduction of the series new engine regulations in four years time, the CEO of their parent company Volkswagen Herbert Dies has...
Mercedes F1 team to launch NFTs with FTX on May 6
Apr 30, 2022 23:59 pm UTC| Digital Currency Economy Business Sports
The Mercedes AMG Petronas F1 team will launch a non-fungible token (NFT) collection with its cryptocurrency exchange partner FTX US beginning May 6. Throughout the 2022 racing season, a series of artists will create...
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