Formula One's 2021 revenue surges 87% to US$2.14 billion
Feb 28, 2022 23:56 pm UTC| Sports Economy Business
Formula Ones revenues soared almost 87 percent to US$2.14 billion for 2021, according to the series owner Liberty Media. The operating income was US$40 million, compared to a US$444 million deficit in 2020. Revenue...
Major League Soccer to create metaverse environment for fans
Feb 28, 2022 23:56 pm UTC| Sports Digital Currency Technology
GreenPark Sports inked a multi-year partnership with Major League Soccer (MLS) and the Major League Soccer Players Association (MLSPA) to create a metaverse environment that offers multiple fan universes. The social...
Adidas Skateboarding collaborates with Kader Sylla on Superstar ADV silhouette
Feb 27, 2022 23:26 pm UTC| Sports Economy Business
Adidas Skateboarding is collaborating with professional skateboarder Kader Sylla for a Superstar ADV colorway. The silhouette, which features a triple-black design and premium tumbled leather, marks Syllas first Adidas...
Kobe Bryant Precious Metal Gems Emerald card sells for record $2 million
Feb 27, 2022 23:26 pm UTC| Sports Economy Life
A 1997-98 Metal Universe Precious Metal Gems Emerald where the legendary Kobe Bryant is seen handing out a pass mid-flight while wearing No. 8 jersey went for $2 million. Its the Black Mambas highest-selling card of all...
Nike’s legendary Air Jordan 12 ‘Taxi’ adapted for golf
Feb 27, 2022 23:26 pm UTC| Sports Economy
Nike brand unveiled its latest golf shoe earlier this week, which is a faithful recreation of one of the most iconic signature sneakers from the NBA greats career, the Air Jordan 12 Taxi. Michael Jordan first laced up...
Adidas collaborates with Gucci
Feb 26, 2022 22:59 pm UTC| Sports Economy Life
The Gucci show at Milan Fashion Week gave a glimpse of its forthcoming collaboration with Adidas. For their first collection, the two seem to be shying away from traditional sportswear, opting to create co-branded...
Barcelona and Real Madrid could be in for Adidas and Nike sponsorship swap
Feb 26, 2022 22:58 pm UTC| Sports Economy Business
Barcelona and Real Madrid, who have had manufacturer deals with Nike and Adidas respectively since 1998, could be set to swap apparel manufacturers. Real Madrid, which is in talks with Adidas in a bid to update their...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects