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2026-10-16

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Finance & Investments

  • London-based 1936, a sports investment group backed by wealthy families, joins founder Justin Marks and Avenue Sports Fund as part-owners.

  • Trackhouse, which joined in 2024 and has already won races, is the only American-owned team in MotoGP, the top motorcycle racing championship.

  • Financial terms were not disclosed; the owners plan to invest in racing and business growth as Formula 1 owner Liberty Media expands MotoGP worldwide.

  • Palatine, a UK private equity firm, is buying a large minority stake to fund expansion into the US and mainland Europe, pending regulatory approval.

  • Centrefield advises most clubs in England's top football league, the Premier League, and already works with US Major League Soccer teams.

  • The 33-person firm grew fee revenue 20% last year, while net assets, what it owns minus what it owes, rose 46% to £4.1M.

  • The $3M came from gaming industry insiders, including founders of publicly traded gaming companies and US lottery executives.

  • The company says it pays winnings in under five seconds via stablecoins, digital tokens tied to the US dollar, skipping slow bank transfers.

  • Launched in June 2026, the app already has 35K+ registered users in 21 US states, and the money funds further US growth.

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Media, Broadcasting & Sponsorships

  • The postseason tournament will grow to 24 teams in 2027, replacing current conference championship games to make room in the schedule.

  • Sports broadcaster ESPN will pay around $325M annually for these extra games, replacing the $250M value of the canceled conference championships.

  • This new agreement adds to the massive six-year, $7.8B deal the network signed earlier this year to keep exclusive control over the playoffs.

  • Sports data firm Genius Sports will power NFL Gametime on X (formerly Twitter), a dedicated tab of live scores, clips, and news.

  • Genius is the NFL's sole distributor of live play-by-play stats, giving X official league data and deepening X's decade-plus partnership with the league.

  • The deal adds reach for Genius, whose second-quarter revenue jumped 65% to $196M, beating its own $185M forecast, though its loss widened to $76.7M.

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Teams & Leagues

  • NFL executive Brian Flinn, who leads the league's flag football push, expects the platform to train large numbers of people within 3-4 months.

  • Flinn says no one has built training tailored to the sport, so the NFL is developing lessons for athletes with outside experts.

  • Flag football, a non-tackle version seen as safer and easier to start, is key to the NFL's push for fans abroad, women and girls.

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Miscellaneous

  • The International Tennis Integrity Agency, tennis's anti-corruption watchdog, found he fixed six matches and tried to fix six more between 2022 and 2024.

  • Milićević, 29, whose best ranking was world No. 1,338, also pulled other players into a fixing network, leading some to fix matches.

  • He was also fined $70K and cannot play, coach or attend any sanctioned tennis event until 2050, effectively ending his career.

  • The racing star founded Quadrant, a popular gaming and lifestyle brand that connects traditional motorsports with esports and content creation.

  • He also developed LN4 Fusion, a personal merchandise line leveraging his racing identity to sell exclusive apparel to global fans.

  • Norris diversified his investments by backing Seat Unique, a premium ticketing platform that provides VIP access to live sporting events.

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