Australia will budget A$30 million ($18.7 million) to send 400 athletes to the 2012 London Olympics and will cut bonuses to fourth-place finishers and coaches amid tougher economic conditions.
The Australian Olympic Committee is setting aside A$16.7 million for training and A$13.4 million to send the team to London, it said on its Web site today. Australia was sixth in the medal tally for Beijing, with 14 golds and a total 46, with swimming its best sport.
``Our focus is on rewarding athletes who produce results,'' John Coates, president of the committee, said in the statem... More >
Sandown Racecourse will be renamed Betfair Park under a new deal between the Melbourne Racing Club and the online betting exchange.
Betfair will secure naming rights to the...More>
The Fortune Cup, which will mark Pakistan’s return to international cricket after a long gap, will be telecast on Ten Sports.
Pakistan will play their three-match one-day i...More>
Channel Ten has been on another sports buying spree, acquiring the exclusive rights to the 2014 Commonwealth Games in Scotland.
Next year, the broadcaster will launch a dig...More>
Insurance company OAMPS has announced it had signed on as major naming rights sponsor for Yachting NSW's ISAF Grade 1 Sydney International Regatta to be held from 6-9 December...More>
The Australian Formula One Grand Prix lost a record A$40 million (16.3 million pounds) in 2008, organisers said Thursday.
The announcement came just months after the Victor...More>
Expansion of the Super 14's playoff format will have to wait until 2010 after the rugby boards of South Africa, New Zealand and Australia (SANZAR) were unable to reach an agre...More>
Monash Sport has commissioned Comperio Research – the market research arm of IMG – to undertake a review of its sponsorship strategy in a bid to develop a more cohesive and st...More>
ICC President David Morgan launched the first ever ICC Women’s World Cup in Sydney and revealed it would be the most widely viewed women’s cricket event of all time.
“At l...More>
A 24-HOUR sports channel to be launched next year on free-to-air television will revolutionise the Australian broadcasting landscape.
Network Ten is set to lay down the gau...More>
United Arab Emirates airline Etihad Airways was named as the new naming rights sponsor for the ground and immediately announced a name change effective from March.
The Dock...More>
Australia, South Africa and New Zealand are in discussions to set up a southern hemisphere version of the successful Twenty20 Indian Premier League.
The concept centres on...More>
An independent report by Deloitte into the potential economic impact of Rugby World Cup to host nations has indicated that the tournament is one of, if not the most cost effec...More>
The financial crisis has raised fears that many countries could enter recession. One industry that has already been affected is sport:
Here are some details:
2012 OLYMPI...More>
Channel Nine and FOX SPORTS announced an agreement with the International Rugby Board (IRB) to provide live television coverage of the Rugby World Cup in 2011 and 2015.
T...More>
