Tag: World Championship

  • Pirelli extends Formula 1 global tyre partner deal till 2023

    Pirelli extends Formula 1 global tyre partner deal till 2023

    MUMBAI: Formula 1 and the Federation of International Automobiles (FIA) have announced Pirelli as the sole Global Tyre partner of the FIA Formula 1 World Championship. The new deal will run for four years, from 2020 to the 2023 season inclusive.

    Following the successful partnership, which was up for renewal at the end of 2019, a new agreement has been completed continuing Pirelli’s longstanding relationship with the FIA Formula 1 World Championship. All parties have reaffirmed their commitment to work together towards the new technical regulations expected for 2021, including the 18-inch tyre.

    Formula 1 chairman and CEO Chase Carey said, “Pirelli have been an important and valued partner to Formula 1 since 2011. They are leaders in providing innovative state of the art capabilities. They are a premium brand, a clear global leader in motorsport and our ongoing partnership with them is proof once more of our desire to align F1 with the best in motorsport and beyond. We are delighted to have reached this agreement, which guarantees a long-term stable future for such a crucial component of Formula 1.”

    FIA president Jean Todt said, “I am happy to have Pirelli appointed for another period as official tyre supplier to the FIA Formula 1 World Championship. It will allow all of us to enjoy the experience gained since 2011. We know how crucial and difficult is the role of the tyre supplier and, particularly, in Formula 1.”

    Pirelli VP and CEO Marco Tronchetti Provera said, “It’s excellent news that Pirelli is prolonging its partnership with Formula 1 until 2023. This new agreement extends our presence to a total of 13 seasons in the modern era, with Pirelli also present in 1950, when the World Championship was inaugurated. Formula 1 is and will remain the pinnacle of motorised competition: the perfect environment for Pirelli, which has always defined motorsport as its most advanced technological research and development laboratory. Formula 1 provides the perfect showcase for our Ultra High Performance road car tyres, which equip the world’s most desirable prestige and premium vehicles to guarantee the highest standards of performance, sustainability and safety.”

  • Big B sponsors coaching of women athletes for Commonwealth, World Championship and Asian Games

    Big B sponsors coaching of women athletes for Commonwealth, World Championship and Asian Games

    NEW DELHI: Global cinema icon and champion of various social causes Amitabh Bachchan has decided to sponsor the training and coaching of two female sportspersons for the upcoming Commonwealth, World Championship and Asian Games in 2014.

     

    As UN ambassador of girl child, Bachchan has often taken initiatives towards the betterment of society such Polio Eradication and ridding the country of the malaise of discrimination against women.

     

    The megastar has sponsored women athletes Ayonika Paul and Pooja Ghatkar (both Rifle Shooting) as part of the Medals4India campaign initiated by the NGO Olympic Gold Quest. Olympic Gold Quest is a program of the Foundation of Sports And Games (founded in 2001) started by Indian sporting icons to identify and support Indian athletes with a proven track record and with a potential to win Olympic gold medals. 

     

    These athletes will be participating in the upcoming Commonwealth, World Championship, and Asian Games in 2014, the main goal being to help them win at the 2016 Rio Olympics. The funds will help with their training and equipment in preparation for their respective competitions.

  • First day of ICC Board meeting concludes with unanimous support for key principles

    First day of ICC Board meeting concludes with unanimous support for key principles

    DUBAI: The first day of the International Cricket Council’s Board meetings concluded in Dubai on 28 January with unanimous support for a set of principles relating to the future structure, governance and financial models of the ICC.

     

    The ICC Board unanimously supported the following principles: 

     

    * There will be an opportunity for all Members to play all formats of cricket on merit, with participation based on meritocracy; no immunity to any country, and no change to membership status.  

     

    * A Test Cricket Fund paid equally on an annual basis to all Full Members (except the Board of Control for Cricket in India, Cricket Australia and the England and Wales Cricket Board) will be introduced to encourage and support Test match cricket.

     

    * A larger percentage from the increasing Associate Members’ surplus will be distributed to the higher performing non-Full Members.

     

    * Mutually agreed bi-lateral FTP Agreements which will be legally binding and bankable and will run for the same period as the ICC commercial rights cycle (2015-2023).

     

    * Recognition of the need for strong leadership of the ICC, involving leading Members, which will involve BCCI taking a central leadership responsibility.

     

    * A need to recognise the varying contribution of Full Members to the value of ICC events through the payment of ‘contribution costs’.

     

    * The establishment of an Executive Committee (ExCo) and Financial & Commercial Affairs Committee (F&CA) to provide leadership at an operational level, with five members, including BCCI, CA and ECB representatives. Anybody from within the Board can be elected to Chair the Board and anybody from within ExCo and F&CA can be elected to Chair those Committees. With the ICC undergoing a transitional period that includes a new governance structure and media rights cycle, this leadership will be provided for two years from June 2014 by: a BCCI representative to Chair the ICC Board, a CA representative to Chair the ExCo and an ECB representative to Chair the F&CA.  

     

    * A new company will be incorporated to tender future commercial rights for ICC events.  There will be three major ICC events in each four-year cycle, including the ICC Champions Trophy which will replace the ICC World Test Championship.

     

    * ICC will utilise a more efficient operating model for all ICC events, with a simplified accounting model across ICC income and expenditure to help better manage ICC administrative and event costs.

     

    ICC President Alan Isaac said: “This is an important time for world cricket and it is extremely encouraging that the ICC Board has unanimously supported a set of far-reaching principles that will underpin the long-term prosperity of the global game.

     

    “These principles emphasise the primacy of Test cricket and that for the first time in cricket’s history participation will be based entirely on meritocracy, giving everyone powerful incentives to play better cricket and develop better cricketers. 

     

    “There is more work to be done by the Members in developing their schedules of bilateral cricket while at the ICC we need to work through the detail of the manner in which these principles will be implemented.

     

    “Extensive work will now be undertaken in advance of a follow-up Board meeting next month.”

     

    Isaac also expressed his disappointment with the misconceptions that had been created as a result of a draft position paper produced by three ICC Members being leaked.

     

    “Several months ago I encouraged BCCI, CA and ECB to enter into a constructive dialogue together to help resolve some of the key commercial and governance issues facing the game. These leading cricket nations have worked tirelessly to produce a document which provided the basis for the past few weeks of extremely constructive discussions.

     

    “It is obviously very disappointing that a draft position paper from these Members was leaked as this prompted a debate that ignored the ongoing negotiations between all Members and led to unwarranted criticism of many of those involved in the process.

     

    “The principles agreed today provide clear evidence that through the course of further discussions over the coming weeks we can be increasingly confident in achieving consensus.”

     

    David Richardson, the ICC Chief Executive, added: “An enormous amount of effort has gone into developing a comprehensive set of proposals that include input from all Members.

     

    “The Board has held some very constructive, inclusive, wide-ranging and far-reaching discussions and I am looking forward to bringing to fruition some of the principles that have been proposed and accepted in relation to the cricketing structures of the global game.” 

     

    The ICC Board consists of the chairman or president from each of the 10 Full Members plus three elected Associate Member representatives. Also present at ICC Board meetings is the ICC President, who chairs proceedings, the ICC Chief Executive and the ICC Vice-President.

     

    Alan Isaac                                                      ICC President

    Mustafa Kamal                                               ICC Vice-President

    David Richardson                                          ICC Chief Executive

     

    Zaka Ashraf                                                     Pakistan

    Dave Cameron                                                 West Indies

    Peter Chingoka                                                Zimbabwe

    Giles Clarke                                                     England and Wales

    Jayantha Dharmadasa                                      Sri Lanka

    Wally Edwards                                                  Australia

    Nazmul Hassan                                                Bangladesh

    Imran Khwaja                                                   Associate Member Representative

    Chris Nenzani                                                   South Africa

    Keith Oliver                                                      Associate Member Representative

    Martin Snedden                                                New Zealand

    Neil Speight                                                      Associate Member Representative

    Narayanaswami Srinivasan                               India