Tag: Sports business
PREMA Racing Ends Partnership with Cannon Motorsport: What Led to the Split?
PREMA Racing and Cannon Motorsport: A Split on the HorizonIn a surprising turn of events, PREMA Racing, a prominent junior open-wheel racing team, has announced the end of its partnership with Michael Cannon, the...
McLaren Racing Acquires Full Ownership of IndyCar Team
McLaren Racing Takes Full Ownership of IndyCar TeamMcLaren Racing has officially acquired full ownership of the Arrow McLaren IndyCar Team, solidifying its position in the North American open-wheel championship. The transfer of ownership was...
EU investigates Liberty Media’s $4bn MotoGP deal
EU Investigates Liberty Media's $4bn MotoGP DealThe European Union is gearing up to investigate Liberty Media's recent $4 billion acquisition of the MotoGP world championship, as reported by Bloomberg. This move by Liberty, the...