This week’s most interesting sports business stories

In this week’s SportsMoney Playbook: Europe’s 30 Best Under-30s, Formula 1 takes to the streets of Miami, an NBA pioneer turned big capital. Plus: why Israel has become a safe haven for Russian billionaires like Roman Abramovich.

Car racing

End of this week , Formula 1 He’s racing in Miami for the first time, and the organizers are doing their best to make the weekend fun. The rapid growth of this sport around the world has led to this happening Volkswagen To join the chain starting in 2026 with an extension Porsche And Audi Trademarks.

football

Days after being punished in March, Chelsea owner Roman Abramovich was seen in Israel. We delve into why the country has become a haven for beleaguered Russian billionaires, and what the country is doing about it.

professional basketball

Since his retirement from NBAAnd Omri Casspi He became an active angel investor in the startup scene in his home country of Israel. And now he’s taking it to the next level, launching a $50 million venture capital fund.

baseball

MLB handed Trevor Power 324-game suspension but could face an uphill battle to uphold this ruling if and when the bowler appeals.

winter sports

The pandemic has led to significant changes in the ski and snowboarding industry, accelerating trends such as sustainability and the democratization of access that should continue over the next several years.

After a disappointing show in Beijing Olympicsskater Michaela Schiffrin She rebounded to claim her fourth World Cup title. But, she says, she is trying to separate her happiness from gains and losses.

golf

Bernard Langer He is one of the few athletes who are still making new sponsorship deals well into his 60s. That’s partly because he still scores low on the course, including 64 on his 64th birthday.

A recent survey found that 80% of “essential golfers” are planning to take a dedicated golf trip in 2022. It’s great news for the $20 billion golf tour industry, which has been slowed by the pandemic and still faces soaring gas prices.

cricket

A 10,000-seat cricket arena coming to Southern California, giving the sport a prominent foothold in the US thus far and opening the door to the future world cups And maybe even a spot in 2028 Los Angeles Olympics.

professional wrestling

The Forbes CIO Next List honors 50 CEOs who are using technology to help shape the future of business. of between it WWELead product and technology official.


Featured Story

30 Under 30 Europe Sports and Games: Kylian Mbappe leads a group that does not wait for its dreams to come true

The Forbes 30 Under 30 Europe list has named some of the most talented and accomplished youngsters in the world of sports and gaming, led by Paris Saint-Germain superstar Kylian Mbappe, from world-record runners and gamers to the founders of game-changing esports. See the full list of 30 in the Sports & Games category.



After further review

Speculation that Jurgen Klopp might take a break from football came to a halt this week when Maestro Liverpool signed a two-year contract extension until 2026. Klopp’s tenure has already included Premier League and Champions League titles, with more on hand this season. This success helped propel Liverpool to fifth place on our list of the best football teams. See full ranking.


The last word

“He might go more with a G-Wagon or something, but for me, I think I’ve always gotten to know the people who drive the trucks.” – Jason Kelsey

Unlike his superstar brother, Travis, Eagles entrepreneur Jason Kelsey has always had a reputation as a blue-collar. That helps explain his new investment in a retailer of truck parts and accessories, the start of what he hopes will be a successful entrepreneurial career after he hangs his tie belts. Learn more about Kelsey’s post-football ambitions.


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