Formula 1

Formula 1 is expanding with an 11th team joining the global motorsport for the 2026 season, naming General Motors (NYSE:GM) with Andretti Global. While the new team is still over a year away from starting, it will add an increased American presence to the sport and more competition for recent and...

U.S. automaker General Motors (NYSE:GM) is reportedly on the brink of securing a spot on the Formula One grid by 2026. What Happened: The Detroit-based automaker could join the Formula One grid as early as 2026 with its own team, The Athletic reported, citing people familiar...

Singapore's proximity to China, Japan, and India, paired with world-class trade infrastructure and a stable political and regulatory landscape, cements its status as a premier business hub in the region. With English as an official language, communication, and navigation are furthermore effortless—...

Actor Ryan Reynolds is best-known these days for his role as Deadpool on the big screen, a role that is setting records for media giant The Walt Disney Company (NYSE:DIS) with a third franchise film currently in theaters. “Deadpool & Wolverine” has grossed $582.7 million...

A leading motorsports league is among the sectors looking at the potential to diversify with electric vehicles. Here's the latest on a new project from NASCAR. What Happened: The NASCAR racing league unveiled a new electric vehicle prototype and launched an electrification innovation partnership...

Investments in American professional sports franchises have more than doubled the equities market returns since 2000. The outperformance is attributed to lucrative media rights deals and the dawn of streaming. The Data: The first-of-its-kind Ross-Arctos Sports Franchise Index (RAFSI), released in...

Amazon.com Inc.‘s (NASDAQ:AMZN) cloud computing arm, Amazon Web Services (AWS), is negotiating with the Italian government to invest billions of euros to expand its data center operations in the country. This initiative is part of the tech giant’s strategy to enhance its cloud services...

Motorsport league Formula 1, which is owned by Liberty Formula One (NASDAQ:FWONA) (NASDAQ:FWONK) returns to the United States this weekend with the third annual Miami Grand Prix. Here are some of the top storylines for the race. Donald Trump Fundraising: Former President Donald Trump continues his...

Actor Ryan Reynolds may be best known for his role in movies like the "Deadpool" franchise, which has its third movie coming out this year. The actor is also becoming increasingly known for his investing and entrepreneurship thanks to a series of billion-dollar companies. What Happened: A thread on...

Casino and resort operator MGM Resorts International (NYSE:MGM) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: MGM Resorts reported fourth-quarter revenue of $4.38 billion, which was up 22% year-over-year. The revenue total beat...

Formula One rejected a proposal to add an all-American team to the racing series — a move that could stymie growth in the U.S. What Happened: Formula One, which trades as Liberty Formula One Group (NASDAQ:FWONA)(NASDAQ:FWONK), nixed a proposal by former Formula 1 driver Michael Andretti. Andretti,...

Streaming giant Netflix Inc (NASDAQ:NFLX) is one of several companies that could disrupt the traditional media companies dominating the world of live sports. The company announced another live sports special and shared data on just how successful its sports docuseries were in 2023. What Happened:...

Streaming companies continue to enter the race to grab media rights for sports leagues with live sports content still attracting millions of viewers and a top staple for advertisers. E-commerce company Amazon.com, Inc (NASDAQ:AMZN) was among the streaming companies that have landed sports rights...

One of the central figures of the short squeeze saga that pitted retail investors against hedge funds and short sellers could be adding “sports team owner” to his resume. What Happened: Citadel CEO and founder Ken Griffin recently made the move to Miami. The move could play a factor in...

The sports betting sector is constantly full of news on the latest regulations, big bets and major sports that are currently in season. The sports-betting weekly wrap summarizes the biggest events from the past week. For more, see last week's weekly wrap. Here are the latest stories in the world of...