This Is How Much It Costs To Run A Professional Race Team

Racing is expensive. The cars, the trucks, the tires, hell, even the snazzy polo shirts with a little logo on it all cost money. But it’s always been a mystery just how much money. Until now. Here’s the story of how one team spent more than $150,000 on all of it – and that’s just for one race. » 8/21/15 6:00pm 8/21/15 6:00pm

Some Of The Worst People In Sports Are Trying To Buy Out Formula One

Strange as it may seem to read it, flop-haired sinister Andy Warhol impersonator Bernie Ecclestone doesn’t actually own Formula One. The group with the biggest stake in the biggest spectacle of motorsports actually belongs to private equity firm CVC Capital Partners. And word on the street is they want out – and… » 6/24/15 12:44pm 6/24/15 12:44pm

Curt Schilling's 38 Studios Lays Off Entire Staff

This is probably the death knell for 38 Studios, the video game company whose problems started with a missed loan payment at the beginning of the month. Since then the company has bounced a check to Rhode Island, failed to make payroll, and begged the state for more help in the form of tax credits. Today, one (former)… » 5/24/12 5:20pm 5/24/12 5:20pm

Here's What You Can Do To End NFL Blackouts Forever

We did a post yesterday on Richard Nixon's 1972 efforts to forever sustain the NFL's policy of blacking out teams' home games in their local markets. The NFL rejected Nixon's bargain, and so, from 1973 on, only those games with unsold tickets 72 hours prior to kickoff would be blacked out. That rule still stands. » 2/12/12 3:22pm 2/12/12 3:22pm

Everything You Ever Wanted To Know About How Spectacularly Broke The Mets (And Their Owners) Are

Dan Lewis at Amazin' Avenue makes sense of the Mets' finances so you don't have to. Essentially, they're fucked independent of Bernie Madoff, and everything the team could conceivably sell is mortgaged. Makes you yearn for a couple months ago, when the team was a fuzz less fucked, but still fucked. [READ »] » 12/14/11 2:55pm 12/14/11 2:55pm

Who Owns "Evil Empire"? The Yankees Launch A Proxy War For Control

Bridgehampton, N.Y., out on the East End of Long Island, is Red Sox territory. The bars along Main Street are decked out in red and will only show Yankees games if there's nothing else on. TVs receive the Hartford network affiliates. Carl Yastrzemski was born on a nearby potato farm and still holds a handful of… » 8/17/11 2:20pm 8/17/11 2:20pm

Michael Vick Loses An Endorsement Deal, And Not Because He Killed A Bunch Of Dogs

Just two weeks ago, Vick signed a deal to be the face of EnerJel, a nutritional supplement/energy boost that you can rub into your skin. Because swallowing Gatorade was getting too difficult. But this was a product whose time has come, and Vick was clearly the only man who could bring it to the masses. So parent… » 7/27/11 12:45pm 7/27/11 12:45pm

Bringing An NHL Team To Quebec City Is Literally The Most Important Political Issue In Quebec

You know all those jokes about French Canada? Turns out the National Assembly of Quebec hasn't heard them yet. This is a completely bizarre story, with obvious law-breaking, party defections, and boondoggles so big you wonder if Halliburton has opened a Québec branch office. » 6/07/11 9:15pm 6/07/11 9:15pm

Citi Field and Manchester United: Your Tax Dollars At Work

The government's bailout of our collapsing financial industry continues apace—you got your check, right?—but now that these companies are playing with our money, suddenly everyone is an expert. Some are suggesting that maybe the reason these firms are in trouble is because they like to waste money and that if we give… » 11/26/08 2:00pm 11/26/08 2:00pm

Is The NHL Gaining On The NBA (Again)?

You may have missed this in the Friday afternoon "please let this week be over" crunch, but it's not too late to read this important post over at Puck Daddy » 11/24/08 2:45pm 11/24/08 2:45pm. Well, important if you care about the friendly rivalry between delusional NBA apologists and bitter NHL pedants. Believe it or not, there was actually a time…