Sports
Verstappen captures 4th F1 championship after Mercedes sweep of Las Vegas Grand Prix
Max Verstappen cruised to a fourth consecutive Formula 1 championship on Saturday night by finishing fifth in the Las Vegas Grand Prix. Verstappen needed only to finish ahead of Lando Norris of McLaren to give Red Bull a fourth straight driver championship. The Dutchman started fifth but was already up to second by the 10th lap around […]
Read More
Caitlin Clark joins NWSL ownership group bidding to bring soccer team to Cincinnati
Caitlin Clark #22 of the Indiana Fever brings the ball up the court against the Dallas Wings at Gainbridge Fieldhouse on September 15, 2024 in Indianapolis, Indiana. Justin Casterline | Getty Images Caitlin Clark has joined an ownership group looking to create a National Women’s Soccer League team in Cincinnati, Ohio. NWSL Commissioner Jessica Berman […]
Read More
One of the world’s richest families plans to create Paris’s next big soccer success
France’s billionaire Arnault family, owners of luxury group LVMH and one of the richest dynasties on the planet, is preparing to secure majority ownership of minor soccer club Paris FC — but sees any sporting turnaround as a long-term aim. Antoine Arnault, son of LVMH CEO and Chairman Bernard Arnault, told CNBC the investment in […]
Read More
SailGP signs Rolex as first title partner of global sailing competition
SailGP signs Rolex as first title partner of global sailing competition Courtesy: SailGP The self-described Formula 1 of sailing has signed Rolex as the first title partner of its elite sailboat racing competition. SailGP, which kicks off the 2025 season in Dubai on Saturday, will now be known as the “Rolex SailGP Championship.” “Leading into […]
Read More
NHL great Wayne Gretzky says Alex Ovechkin has been ‘exceptional’ for hockey as he nears goals record
As Washington Capitals star Alex Ovechkin closes in on Wayne Gretzky’s all-time goals record, the Great One told CNBC he has nothing but admiration for the player who could soon dethrone him. “Alex has been exceptional for our game,” Gretzky said on CNBC’s “Squawk Box” on Thursday. “I hope I’m the first guy to shake […]
Read More
New York City FC, Etihad Airways agree to 20-year naming rights deal for new MLS stadium
New York City FC renderings for Etihad Park stadium in Queens, NY. Courtesy: New York City FC. When New York City FC’s new stadium opens up just before the 2027 Major League Soccer season, it will have a familiar partner’s name tied to it. The club is partnering with Etihad Airways for the exclusive naming rights […]
Read More
Eli Manning, Derek Jeter, Jimmy Fallon join TGL New York Golf Club investor group
New York Golf Club includes Matt Fitzpatrick, Rickie Fowler, Xander Schauffele and Cameron Young. Courtesy: TGL Tiger Woods and Rory McIlroy’s new golf league, TGL, is getting some fresh star power representing the Big Apple. Cohen Private Ventures, the family office of Steve Cohen, announced on Thursday that Eli Manning, Derek Jeter, CC Sabathia, Michael […]
Read More
Cleveland launches formal bid for a WNBA team
Cleveland, Ohio Ken Redding | The Image Bank | Getty Images Dan Gilbert, owner of the Cleveland Cavaliers, wants to bring a WNBA team to Northeast Ohio. Rock Entertainment Group, the umbrella company that hosts Gilbert’s sports and entertainment properties, told CNBC on Wednesday that it intends to submit a proposal for a WNBA expansion […]
Read More
The NHL has strict rules for how much teams can spend. Here’s how it works
For a National Hockey League team to hoist the Stanley Cup, it takes playing an 82-game regular season, winning four playoff series and some strict attention to math along the way. The NHL is one of two of the big four North American sports leagues with a hard salary cap, meaning each team cannot have […]
Read More
NHL looks beyond U.S., Canada for league growth
A general view during the 2022 NHL Global Series Challenge between the Nashville Predators and the San Jose Sharks at O2 Arena in Prague, Czech Republic, on Oct. 7, 2022. Martin Rose | Getty Images Sport | Getty Images If all goes according to plan for the National Hockey League, its popularity will continue growing […]
Read More