Motor Sports

Backlight’s Media Management and Video Distribution Solutions Help Turbocharge Strategy and Operations for The Goodwood Group

Retrieved on: 
Tuesday, February 27, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240227385366/en/
    The Goodwood Group is accelerating toward the future of content management and distribution with the help of Backlight technology.
  • The small and mighty Production Team at The Goodwood Group is leveraging two of Backlight’s cloud-native solutions—Clip Studio and iconik— for the media management and distribution of content gathered from numerous events hosted at the Goodwood Estate.
  • Most recently, Goodwood has adopted iconik, Backlight’s media management and collaboration solution to help manage and navigate its extensive content library that dates back three decades.
  • Thankfully, with iconik and Clip Studio in our toolkit, we’re streamlining our content production and enabling rapid distribution.

The One Motorcycle Show Announces Flat Out Friday Racing for Year 15 in Portland, OR

Retrieved on: 
Wednesday, February 28, 2024

Flat Out Friday, famous for its fun racing events, has carved a unique niche in promoting motorcycle racing excitement.

Key Points: 
  • Flat Out Friday, famous for its fun racing events, has carved a unique niche in promoting motorcycle racing excitement.
  • Acknowledging the synergy between their racing passion and The One Motorcycle Show's dedication to showcasing the best custom bike craftsmanship, this collaboration redefines North American motorcycle events.
  • “We think that The One Motorcycle Show isn't complete without racing, and we love the fact that Flat Out Friday is such a great, feel-good event.
  • I want to inspire people to see motorcycles in a different way.”
    Flat Out Friday Racing brings Portland a unique indoor family event.

Liberty Media Corporation Announces Quarterly Interest Payment and Excess Regular Additional Distribution on 2.75% Exchangeable Senior Debentures Due 2049

Retrieved on: 
Friday, March 1, 2024

Liberty Media Corporation (“Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) today announced the payment of a quarterly interest payment and an Excess Regular Additional Distribution to the holders as of February 15, 2024 of its 2.75% Exchangeable Senior Debentures due 2049 (the “Debentures”).

Key Points: 
  • Liberty Media Corporation (“Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) today announced the payment of a quarterly interest payment and an Excess Regular Additional Distribution to the holders as of February 15, 2024 of its 2.75% Exchangeable Senior Debentures due 2049 (the “Debentures”).
  • The amount of the quarterly interest payment is $6.8750 per $1,000 original principal amount of Debentures, and the amount of the Excess Regular Additional Distribution is $1.5419 per $1,000 original principal amount of Debentures.
  • As of March 1, 2024, the aggregate adjusted principal amount outstanding is approximately $585 million, after giving effect to today’s quarterly interest payment.
  • Below is a detail of the amount of the quarterly interest payment being made on the Debentures, its allocation between payment of interest and repayment of principal and the revised adjusted principal amount of the Debentures resulting from such payment, per $1,000 original principal amount of the Debentures:

Sunoco and Energy Transfer Sign First Joint Multi-Year Partnership With Stake F1 Team KICK Sauber

Retrieved on: 
Friday, February 23, 2024

Sunoco LP (NYSE: SUN) and Energy Transfer LP (NYSE: ET), both based in Dallas, announced today they have signed an agreement with Switzerland-based Sauber Motorsport to sponsor its Stake F1 Team KICK Sauber, marking the first time these two companies have entered a marketing partnership.

Key Points: 
  • Sunoco LP (NYSE: SUN) and Energy Transfer LP (NYSE: ET), both based in Dallas, announced today they have signed an agreement with Switzerland-based Sauber Motorsport to sponsor its Stake F1 Team KICK Sauber, marking the first time these two companies have entered a marketing partnership.
  • View the full release here: https://www.businesswire.com/news/home/20240223759441/en/
    SUNOCO AND ENERGY TRANSFER SIGN FIRST JOINT MULTI-YEAR PARTNERSHIP WITH STAKE F1 TEAM KICK SAUBER (Photo: Business Wire)
    The cornerstone of the sponsorship is brand visibility for both Sunoco and Energy Transfer on the new C44 Stake F1 Team car revealed in Hinwil, Switzerland earlier this month.
  • SUN's general partner is owned by Energy Transfer LP (NYSE: ET).
  • Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipeline and associated energy infrastructure.

SGG Media & Pro League Network Announce Social Media Sports Partnership

Retrieved on: 
Thursday, February 22, 2024

SGG Media , the leading sports social media marketing agency, is thrilled to announce a new partnership with the Pro League Network.

Key Points: 
  • SGG Media , the leading sports social media marketing agency, is thrilled to announce a new partnership with the Pro League Network.
  • SGG Media will use its extensive network of two-thousand sports micro-influencer content creators and 60 million sports fan followers to create impactful and memorable social media marketing campaigns for Pro League Network’s roster of unique sports content.
  • Pro League Network (PLN) is the leading sports media and entertainment company producing fun, unique sports optimized for wagering.
  • “Many of Pro League Network’s events offer legal wagering our targeted micro-influencer social media sports fan audience may find interesting and entertaining,” says Troy Paul - SGG Media CEO.

Formula E Business Landscape Report 2023-2024: Team Profiles, Media Insights, Social Media, Sponsorship - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 21, 2024

The "The Business of Formula E 2023-24" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Business of Formula E 2023-24" report has been added to ResearchAndMarkets.com's offering.
  • The report provides an in-depth look at a popular global sports competitions, where large money can be seen exchanging hands across its biggest sponsorship and media deals.
  • It explores the commercial landscape of Formula E, the premier single-seater racing competition for electric cars .
  • The report also offers some team analysis, by breaking down the main commercial deals around each of the 11 competing teams from a sponsorship perspective.

From Pit Stops to People: Businessolver Disrupts in Partnership with Alpine Motorsports

Retrieved on: 
Tuesday, February 20, 2024

Alpine Motorsports today announced a multi-year partnership with Businessolver® , a leading employee benefits and human resources (HR) technology provider.

Key Points: 
  • Alpine Motorsports today announced a multi-year partnership with Businessolver® , a leading employee benefits and human resources (HR) technology provider.
  • View the full release here: https://www.businesswire.com/news/home/20240220521428/en/
    Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects.
  • (Photo: Business Wire)
    Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects.
  • “Partnership has been a strategic pillar for Businessolver since the company was founded,” said Jon Shanahan, Businessolver President and CEO.

Della Penna Foundation, in Partnership With NXG Youth Motorsports, Awards Inaugural 2024 Grand Prix Karting Scholarships

Retrieved on: 
Friday, February 16, 2024

The Della Penna Foundation, in collaboration with NXG Youth Motorsports, proudly presents the annual 2024 Grand Prix Karting Scholarships.

Key Points: 
  • The Della Penna Foundation, in collaboration with NXG Youth Motorsports, proudly presents the annual 2024 Grand Prix Karting Scholarships.
  • The Foundation, committed to empowering girls in motorsports, is pleased to announce Aubre Walker and Jordyn Cummings as the inaugural recipients of the Della Penna Grand Prix Scholarship.
  • Jordyn Cummings, also a sophomore at Anderson High School, is the first karting scholar to successfully complete the NXG Youth Motorsports Development Program.
  • Jordyn Cummings, inspired by the Development Program, returns for the Grand Prix racing season, thanks to the Della Penna Grand Prix Scholarships.

LEER Group Announces Sponsorship with Thad Moffitt #46, 2024 NASCAR Craftsman Truck Series Newcomer

Retrieved on: 
Thursday, February 15, 2024

Truck Accessories Group, LLC d/b/a Leer Group is proud to announce a collaboration with Thad Moffitt, #46 NASCAR Craftsman Truck Series driver, as a 2024 LEER brand ambassador.

Key Points: 
  • Truck Accessories Group, LLC d/b/a Leer Group is proud to announce a collaboration with Thad Moffitt, #46 NASCAR Craftsman Truck Series driver, as a 2024 LEER brand ambassador.
  • We are confident that Thad will have outstanding success in the upcoming Craftsman Truck Series racing season."
  • View the full release here: https://www.businesswire.com/news/home/20240215202175/en/
    LEER Group Announces Sponsorship with Thad Moffitt #46, 2024 NASCAR Craftsman Truck Series Newcomer (Photo: Business Wire)
    Born into a racing dynasty, Thad fell in love with racing at 8 years old, as he joined his grandfather Richard Petty at the Winner’s Circle to congratulate his driver’s success.
  • In 2024, NASCAR celebrates 76 years; the Petty family has been involved in NASCAR for 75 of these 76 years.

Dropbox Teams Up With McLaren Racing as an Official Technology Partner of McLaren Formula 1 Team

Retrieved on: 
Friday, February 9, 2024

Today, Dropbox, Inc. (NASDAQ: DBX) and McLaren Racing announced a multi-year partnership with the McLaren Formula 1 Team for the 2024 season and beyond.

Key Points: 
  • Today, Dropbox, Inc. (NASDAQ: DBX) and McLaren Racing announced a multi-year partnership with the McLaren Formula 1 Team for the 2024 season and beyond.
  • The partnership marks Dropbox’s first entry into the sport, helping the McLaren team collaborate, share files and content, and save time.
  • “I’ve always been inspired by the relentlessness and high performance of the McLaren Formula 1 team,” said Drew Houston, co-founder and CEO of Dropbox.
  • “At Dropbox, we’re building products powered by AI and ML to help teams save time and stay focused on their most important work.