Motor Sports

NEP's Connected Production Ecosystem Expands with New Strategic Partnerships

Retrieved on: 
Tuesday, April 9, 2024
General Sports, Golf, Data Management, Technology, Other Sports, Audio, Video, eSports, TV and Radio, Sports, Licensing (Entertainment), Other Technology, Motor Sports, Software, Entertainment, Networks, Ecosystem, Sport, OTT, International, SVP, NAB, WRC, NAB Show, OBS, MLS, TFC, TV4, Swedish Hockey League, Product management, Multimedia, NEP, PGA, NASCAR, Engineering, NEP Group, System integration

NEP Group , the leading media services provider for sports and entertainment worldwide, today announced continued expansion of its connected production ecosystem through new partnerships with rights holders, sports leagues, broadcasters and OTT providers.

Key Points: 
  • NEP Group , the leading media services provider for sports and entertainment worldwide, today announced continued expansion of its connected production ecosystem through new partnerships with rights holders, sports leagues, broadcasters and OTT providers.
  • View the full release here: https://www.businesswire.com/news/home/20240409899802/en/
    NEP's Connected Production Ecosystem expansion includes the new fleet of nine all-IP mobile units that debuted for the 2024 PGA TOUR season.
  • (Photo: Business Wire)
    The connected production solutions offered by NEP are continually evolving to meet client needs, market trends, and technological advancements.
  • Watch this video for a global view of NEP’s connected production ecosystem.

California Cannabis Pioneer Ember Valley Teams Up With Action Sports Legend Jeremy “Twitch” Stenberg

Retrieved on: 
Tuesday, April 9, 2024
Sports, Natural Resources, Men, Extreme Sports, Consumer, Motor Sports, Cannabis, Licensing (Sports), Partnership, FMX, Culture, Lake Tahoe, Individual

Ember Valley , California’s most celebrated craft cannabis renowned for its award-winning products, today announced a groundbreaking partnership with action sports icon Jeremy “Twitch” Stenberg.

Key Points: 
  • Ember Valley , California’s most celebrated craft cannabis renowned for its award-winning products, today announced a groundbreaking partnership with action sports icon Jeremy “Twitch” Stenberg.
  • This relentless drive mirrors Ember Valley’s own 15+ year commitment to crafting unique and exceptional cannabis that caters to the adventurous palate.
  • “Ember Valley is a company that pushes the envelope, and that’s something I deeply identify with,” says Stenberg.
  • The combination of California’s pioneering cannabis brand and a true action sports legend delivers a meaningful differentiator across communities.

Indian Motorcycle Dealers Ranked Highest in 2024 Industry Study Measuring Response to Website Customers

Retrieved on: 
Monday, April 8, 2024
Automotive, Sports, General Automotive, Recreational Vehicles, Motor Sports, Motorcycles, Kawasaki, Cub Cadet, Tracker, Moto Guzzi, Royal Enfield, Arctic Cat, Telephone, Pied Piper of Hamelin, Internet, Car dealership, Kubota, Livewire, Polaris, ILE, Piper, BMW, Motorcycle, BRP, Kymco, Multimedia, Harley-Davidson, KTM, Triumph

Polaris Inc’s Indian motorcycle dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to internet leads coming though powersports dealership websites.

Key Points: 
  • Polaris Inc’s Indian motorcycle dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to internet leads coming though powersports dealership websites.
  • “2024 is a much more challenging business environment for powersports dealers,” said Fran O’Hagan, Pied Piper’s CEO.
  • In contrast, dealerships which score below 40 fail to personally respond in any way to their website customers.
  • The 2024 Pied Piper PSI-ILE Study (U.S.A. Powersports) was conducted between May 2023 and February 2024 by submitting website inquiries directly to a sample of 3,718 dealerships nationwide representing all major powersports brands.

U.S. Sports Fan Analytics & Trends Study 2024: The Single Largest Online Catalogue of Sports Marketing and Business Data - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024
Hockey, General Sports, Golf, Football, Mobile Entertainment, Martial Arts, Tennis, Basketball, Soccer, TV and Radio, Baseball, Sports, Motor Sports, Licensing (Sports), Entertainment, United States Census Bureau, Social media, Esports, Gambling

The consumer survey was conducted online in January 2024 among a representative panel of U.S. consumers age 13 or older.

Key Points: 
  • The consumer survey was conducted online in January 2024 among a representative panel of U.S. consumers age 13 or older.
  • Each respondent reported on their attendance and viewership along with 65 other categories of fandom-related data for Professional, College and Minor League sports during the previous 12 months.
  • The next tab in this workbook features a comprehensive list of all categories measured.
  • The data is also projected to the U.S. population of 282.5 million for persons age 13 or older.

PUMA Studio to open in LA to create products and campaigns for the US market

Retrieved on: 
Tuesday, April 2, 2024
Marketing, Advertising, General Sports, Communications, Entertainment, Teens, Fashion, Soccer, Footwear, Retail, General Entertainment, Celebrity, Running, Influencer, Motor Sports, Licensing (Sports), Women, Men, Golf, Consumer, Basketball, Sports, Department Stores, Other Communications, Culture, Environment, VIP, PUMA, Football, Life, Athlete, Ecosystem, Music, Multimedia, Cobra Golf, Film industry

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    The decision to open a creative space in LA is part of PUMA’s strategic priority to win in the United States.
  • “Opening our PUMA Studio in LA is an important strategic move for us, as we seek to elevate our business in the United States,” said Arne Freundt, Chief Executive Officer at PUMA.
  • While the PUMA Studio will open in its new location in early 2025, PUMA already started the recruitment of the talent for its temporary office location in LA.
  • The PUMA Studio will also allow PUMA to be closer to some of its most important ambassadors from the worlds of music and entertainment.

Liberty Media Announces Agreement to Acquire Commercial Rightsholder of MotoGP™

Retrieved on: 
Monday, April 1, 2024
Entertainment, Sports, Other Entertainment, General Entertainment, Other Sports, Motor Sports, General Sports, Failure, CPP Investment Board, Dorna Sports, Goldman Sachs, Webcast, Internet, Acquisition, Form 10-K, Liberty Media, Grand Prix motorcycle racing, Risk, Formula One Group, Latham & Watkins, Cryptocurrency

Liberty Media Corporation (“Liberty Media”) (Nasdaq: FWONA, FWONK) announced today that it has entered into an agreement to acquire Dorna Sports, S.L.

Key Points: 
  • Liberty Media Corporation (“Liberty Media”) (Nasdaq: FWONA, FWONK) announced today that it has entered into an agreement to acquire Dorna Sports, S.L.
  • (“Dorna”), the exclusive commercial rights holder to the MotoGP™ World Championship, from Bridgepoint and Canada Pension Plan Investment Board (“CPP Investments”).
  • Liberty Media retains an option at its sole discretion to deliver additional cash in lieu of FWONK common stock.
  • Presentation materials to be used during the investor call will be posted to the Liberty Media website in advance.

Yamaha Motor Signs Technical Partnership with Lola Cars for Development and Supply of Powertrains for Formula E

Retrieved on: 
Thursday, March 28, 2024
EV, Electric Vehicles, Sports, Hardware, Motor Sports, Sustainability, Alternative Vehicles, Fuels, Technology, Automotive, Environment, Green Technology, Automotive Manufacturing, Manufacturing, Yamaha Motor Company, FIA, Carbon accounting, Partnership, Research, Carbon, Formula, ABB, Multimedia

Through this link to Formula E, Yamaha Motor will work on developing cutting-edge electric technologies with the aim of raising its expertise and capabilities in this field.

Key Points: 
  • Through this link to Formula E, Yamaha Motor will work on developing cutting-edge electric technologies with the aim of raising its expertise and capabilities in this field.
  • Lola is a well-established British racing car development company that has produced vehicles that have competed in numerous international automobile races.
  • With a commitment to sustainable motorsports, the Lola aims to acquire electric racing technology by planning to develop and supply the manufacturer’s perimeter compliant with Formula E homologation standards.
  • To create a more sustainable world, Yamaha will continue promoting the research and development of technologies that contribute to sustainability.

UC Berkeley FHL Vive Center Teams Up with BeamNG

Retrieved on: 
Thursday, March 28, 2024
Automotive Manufacturing, Manufacturing, Motor Sports, Other Science, Autonomous Driving, Vehicles, Automotive, Research, Software, Artificial Intelligence, Hardware, Electronic Design Automation, Science, Technology, Sports, Robotics, University, Engineering, Education, Physics, VR, Indy Autonomous Challenge, Computer science, Virtual reality, Partnership, Augmented reality, ROAR, UC, FHL, Transport, AI, Student, Safety, University of California, Berkeley, Artificial intelligence, BeamNG.drive, 3D printing

FHL Vive Center for Enhanced Reality at the University of California, Berkeley, an engineering academic center devoted to research on Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR), announces its newest industry partnership with BeamNG , a leading simulation engine software company based in Bremen, Germany.

Key Points: 
  • FHL Vive Center for Enhanced Reality at the University of California, Berkeley, an engineering academic center devoted to research on Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR), announces its newest industry partnership with BeamNG , a leading simulation engine software company based in Bremen, Germany.
  • Among FHL Vive Center’s projects, the Robot Open Autonomous Racing ( ROAR ) program has the most synergies with BeamNG.
  • AI Racing Tech is a leading developer of simulation environments, already supporting integration with BeamNG products.
  • This new partnership will formalize a mutually beneficial relationship incorporating educational and research opportunities, software licensing, technical support, and the like.

Holley Announces Additional $15 Million Debt Paydown

Retrieved on: 
Wednesday, March 27, 2024
Retail, Other Automotive, Supply Chain Management, Recreational Vehicles, Online Retail, Performance & Special Interest, Off-Road Trucks & SUVs, Sports, Other Retail, General Automotive, Aftermarket, Specialty, Motor Sports, Automotive, Vehicle Technology, History, Hand, Bank

Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced it paid down an additional $15 million in principal against its first lien term loan facility.

Key Points: 
  • Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced it paid down an additional $15 million in principal against its first lien term loan facility.
  • This debt reduction against Holley’s first lien term loan facility was completed through opportunistic repurchases at a discount to par in March and was completed using cash on hand.
  • Combined with the $50 million paydown during 2023, Holley has prepaid the principal amount outstanding under its first lien term loan facility by $65 million since September 2023 allowing Holley to cumulatively recognize up to an estimated $2.5 million in annualized net interest savings.
  • “The prepayment of an additional $15 million of debt demonstrates our continued focus to reduce leverage and improve our balance sheet,” said Jesse Weaver, Chief Financial Officer, Holley.

SmartStop Self Storage REIT, Inc. Announces First-Time Sponsorship of the Acura Grand Prix of Long Beach

Retrieved on: 
Tuesday, March 26, 2024
Motor Sports, Commercial Building & Real Estate, Construction & Property, Sports, Automotive, Finance, REIT, Professional Services, Performance & Special Interest, Residential Building & Real Estate, Arrow McLaren, Free, NTT, Video game

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully integrated self-storage company, announced its inaugural sponsorship of the prestigious Acura Grand Prix of Long Beach taking place April 19-21, 2024 in Long Beach, California.

Key Points: 
  • SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully integrated self-storage company, announced its inaugural sponsorship of the prestigious Acura Grand Prix of Long Beach taking place April 19-21, 2024 in Long Beach, California.
  • As a sponsor, SmartStop aims to contribute to the event’s excitement while demonstrating its dedication to the Southern California community.
  • Commenting on the sponsorship, H. Michael Schwartz, Chairman and CEO of SmartStop, expressed his enthusiasm: "We are incredibly excited to be sponsoring the Acura Grand Prix of Long Beach for the first time.
  • The Acura Grand Prix of Long Beach, featuring an electrifying lineup of races, including the NTT INDYCAR SERIES, has become a staple of the Southern California sporting calendar.