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 6:00pm8/21/15 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 12:44pm6/24/15 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 5:20pm5/24/12 5:20pm

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 2:55pm12/14/11 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 2:20pm8/17/11 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 12:45pm7/27/11 12:45pm

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 2:00pm11/26/08 2:00pm