DIRS.INFO The most relevant business & tech news

☆ Saudi Arabia’s coveted Masters 1000 tennis tournament has stalled as Six Kings arrives in Riyadh
▼ + stars: | 2024-10-16 | by ( Matthew Futterman | ) www.nytimes.com time to read: +11 min

After years of pushing, everything looks ready for Saudi Arabia’s billion-dollar move to become a major force in tennis to take off — with one major hitch. The Ministry of Sport of Saudi Arabia, the Saudi Tennis Federation (STF) and the WTA Tour then announced a three-year deal to host the tour finals. These moves raised Saudi Arabia’s tennis profile, but its potential new tournament at the start of the season was seen as the most important of its tennis investments — and its most divisive. It would cement Saudi Arabia’s place at the center of the sport, bringing with it an extensively criticized human rights record. Saudi Arabia’s moves into tennis have roiled the organisations behind the Grand Slam tournaments.

Persons: Carlos Alcaraz, Rafael Nadal, Daniil Medvedev, Holger Rune, —, Novak Djokovic, Turki Alalshikh, Rome —, ”, Nadal, Sinclair, Chris Evert, Martina Navratilova, “, Jamal Khashoggi, Henry Nicholls, Iga Swiatek, Adam Pretty Organizations: St, Saudi Arabia’s General Entertainment Authority, WTA, Saudi, ATP, Public Investment Fund, SURJ Sports Investment, U.S ., ”, Sport, Saudi Tennis Federation, WTA Tour, Sinclair, Tennis, Rights Watch, Athletic, Wimbledon, Getty, Australia, Tennis Australia, Laver Locations: Hotel, Riyadh, Saudi, Jeddah, Saudi Arabia, U.S, Indian Wells, Madrid, Rome, provisionality, PIF, Istanbul, Turkey, Australia, New Zealand

☆ Saudi soccer league lures Brazilian star Neymar as it seeks to attract 'exceptional players only'
▼ + stars: | 2023-08-14 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Saudi Arabia also recruited soccer legends Cristiano Ronaldo and Karim Benzema with contracts worth hundreds of millions of dollars, and it's expected to bid to host the 2030 World Cup. Portuguese football star Cristiano Ronaldo poses for a photo with the jersey after signing with Saudi Arabia's Al-Nassr Football Club in Riyadh, Saudi Arabia on December 30, 2022. Sports analysts are doubtful that Saudi Arabia will see its ambitions to have a top soccer league realized, even with all the money it can offer to top-tier players. Charles Laberge | LIV Golf | Getty ImagesOther criticism comes from an attitude among many that a Saudi league could never be a serious arena for athletes. Emenalo, himself a former defender for Nigeria's national soccer team and former technical director at English club team Chelsea, called the criticisms "outrageous."

Persons: Kylian Mbappe, Neymar Jr, Jean Catuffe, Neymar, Germain, Cristiano Ronaldo, Karim Benzema, Kalidou, Lyon's Moussa Dembele, Michael Emenalo, Saudi Arabia's, Al, Hilal, Kylian Mbappé, LIV, shockwaves, Saudi Crown Prince Mohammed bin Salman, Captain Brooks Koepka, Ricky Elliott, Charles Laberge, LIV Golf, Emenalo, it's, Khalid Al, Falih, that's Organizations: PSG, UEFA Champions League, Celtic Glasgow, Paris Saint Germain, Celtic Park, Getty, Getty Images, Saudi, Al, Paris Saint, Brazil national, L'Equipe, Manchester, Saudi Pro League, Nassr Football Club, Al Nassr Football, Anadolu Agency, France national, Sports, American PGA Tour, Saudi Crown, CNBC, Royal Greens, & Country Club, King Abdullah Economic, Nigeria's, soccer team, Chelsea, Saudi League, Guardian, Saudi Investment, Public Investment Fund Locations: Getty Images Saudi Arabia, Hilal, Barcelona, Saudi, Saudi Arabia, Riyadh, Europe, Jeddah, King Abdullah, King Abdullah Economic City

☆ After LIV Golf, What Will Be the Next Saudi Sports Bet?
▼ + stars: | 2023-06-10 | by ( Lauren Hirsch | Michael J. De La Merced | ) www.nytimes.com time to read: +1 min

Tennis is probably the best candidate for a rival tour. And while there’s a smaller cohort of stars to recruit than in golf, a rival league would need only about a dozen players for an elite tour. Some tennis stars, including fifth-ranked Stefanos Tsitsipas, have already played in Saudi Arabia at the Diriyah tennis exhibition. The threat of Saudi competition is likely one reason the WTA raised money from the private equity firm CVC Capital this year. to own a major sports series like the PGA Tour may now be to just acquire one.

Persons: Stefanos Tsitsipas, ” LionTree’s Michael, ‘, LIV, ” — Lauren Hirsch, Donald Trump Organizations: Capital, Trump, Republican Locations: Saudi Arabia, Saudi

The PGA Tour, DP World Tour and one-time bitter rivals LIV Golf circuit announced a landmark agreement on Tuesday to merge. But Trump, who owns three courses on LIV Golf's 14-event schedule for 2023, celebrated the deal in a Truth Social post. "Great news from Liv Golf. The PGA Tour had responded by dramatically raising prize money for some events. The deal could also be seen as good for consumers, according to Steve Ross, a sport antitrust expert at Pennsylvania State University's law school.

Persons: Donald Trump, Yasir Al, LIV, Read, Jamal Khashoggi, Rumayyan, Richard Blumenthal, Chris Murphy, Trump, LIV Golf's, Liv Golf, PGA's, Seth Bloom, hasn't, Steve Ross, Nevena Simidjiyska, Diane Bartz, Echo Wang, Steve Keating, Tyler Clifford, Rosalba O'Brien Organizations: Trump National Golf Club, PGA Golf, Saudi Arabia Public Investment Fund, Liv, Department of Justice, Bloom, Pennsylvania State, Reuters, of Foreign Investment, Treasury, Fox Rothschild LLP, Thomson Locations: Washington, DC, USA, Sterling , Va, WASHINGTON, Saudi, Kingdom, American, United States, U.S

☆ Saudi Soccer League Creates Huge Fund to Sign Global Stars
▼ + stars: | 2023-06-02 | by ( Tariq Panja | Ahmed Al Omran | ) www.nytimes.com time to read: +1 min

The people spoke on condition of anonymity because the deals involved were private. League officials also did not respond to requests for comment about the plans. The project comes on the heels of a surprisingly strong performance by Saudi Arabia at last year’s men’s World Cup in Qatar. The team’s run included a stunning victory over the eventual champion, Argentina, which stoked pride on the Saudi streets and in the halls of power in Riyadh. The project’s goal is not so much to make the Saudi league an equal of century-old competitions like England’s Premier League or other top European competitions, but to increase Saudi influence in the sport, and perhaps boost its profile as it bids for the 2030 World Cup.

Persons: Ronaldo, Lionel Messi, Karim Benzema, Garry Cook, Cook Organizations: Saudi, Real Madrid, British, Nike, Manchester City, United Arab Emirates, League, England’s Premier League Locations: Argentina, French, Saudi Arabia, Qatar, Saudi, Riyadh

☆ Audi dezvăluie primele detalii despre noul RS e-tron GT – primul Audi RS electric
▼ + stars: | 2020-11-05 | by ( Sensmedia Srl | Ia Legătura Cu Autorul | ) tv8.md time to read: +1 min

Audi se pregăteşte de premiera noului model electric e-tron GT, dar până atunci ne dezvăluie primele detalii despre primul model complet electric RS, lansat de divizia Audi Sport GmbH – RS e-tron GT! Audi e-tron GT a trecut printr-un proces de dezvoltare neobișnuit de scurt. Designul său a fost înghețat într-un stadiu foarte incipient, nu în ultimul rând pentru că Audi a înlocuit în mare măsură modelele fizice cu cele virtuale. Procesul de dezvoltare a fost foarte încet, dar cu decizii rapide folosind canale scurte. Condusă de Audi, compania subsidiară PSW a preluat o parte importantă a lucrărilor, iar Audi Sport GmbH a fost responsabilă pentru configurarea suspensiei.

Persons: Lucas, Grassi Organizations: Audi, Audi Sport, PSW Locations: Audi Sport GmbH, turismo

Search resuls for: "Audi Sport"

6 mentions found