Argentina's World Cup winning captain Lionel Messi was named the Laureus Sportsman of the Year, while sprint champion Shelly-Ann Fraser-Pryce bagged the top women's honour.
McLaren team boss Martin Whitmarsh has played down fears that a tax wrangle could jeopardise next month's inaugural Indian Formula One Grand Prix. The Briton, who is chairman of the teams' association FOTA, said Indian tax law posed a problem but rejected speculation that it could be serious enough to prevent the teams travelling to Delhi for the October 30 race.
Formula One moved closer to the edge on Tuesday when the governing body said crisis talks with teams had broken down and next year's controversial rules remained unchanged. Financial experts from the teams association (FOTA) and International Automobile Federation (FIA) had met on Monday to try and overcome a standoff over a budget cap that threatens to tear the sport apart.
Formula One plunged into its biggest crisis in 60 years on Friday with eight of the 10 teams announcing plans to set up their own championship.
Formula One could start the season behind locked gates due to the COVID-19 pandemic but the glamour sport will likely have to slim down considerably to get the green light to go racing. Across Europe, bans on mass gatherings and public events have been extended into July and August even as countries begin to emerge from the strict lockdowns that have put sporting activities on hold.
Switzerland's Sebastien Buemi will start his fifth year as Red Bull reserve driver next season, the Formula One team said on Tuesday.
Williams and Hamilton have pledged an estimated 10 million pounds ($13.06 million) each to the bid.
Soccer teams Manchester United ($4.12 billion), Real Madrid ($4.09 billion) and Barcelona ($4.06 billion) occupied the next three spots.
Next weekend's season-opening MotoGP race in Qatar has been cancelled because of travel restrictions on passengers from Italy and elsewhere due to the coronavirus epidemic, MotoGP said on Sunday. The floodlit night race was scheduled for the Losail circuit on March 8.
The split second decisions that reigning world champions Mercedes take during a race are a result of real time data provided by Tata Communications, Formula One's connectivity partner since 2012 and now the only Indian presence in the paddock.
The FIA expected its investigation to take six to eight weeks. It will look at all safety devices, how the safety barrier performed and the role of track marshals and medical intervention team.
Summary of sports events and persons who made news on Wednesday.
According to a Forbes poll released on Wednesday, Spanish football club Real Madrid once again leads Forbes' most valuable teams list, which mostly includes National Football League franchises.
The police have so far seized approximately 1,700 kg of mephedrone from Pune and a couple of locations in Delhi.
'Kamal has surfed and navigated a lot of tidal waves, manoeuvring the peaks and troughs, combining rare intelligence and commonly available intuitions to overcome unimaginable crises all his life.' 'There is no looking back at the past, for his only motto has been 'Tomorrow belongs to us'!'
Silverstone managing director, Stuart Pringle made clear that everything had to be done so as not to put stress on policing or divert medical resources away from the fight against the coronavirus.
The leading businessman said after signing a sponsorship agreement between his Kingfisher Airlines and the Toyota team that he was confident the sport would come to the sub-continent.
A summary of sports events and persons who made news on Tuesday
Formula One has a reputation for being exclusive and inaccessible compared to series like the world endurance championship, where fans have much more access to the paddock and drivers during race weekends. But the sport is set for a revamp.
Formula One is not just a sport but a business too and the global brands associated with it are eager to tap the market in India with an eye on its vibrant economy and the ever-growing middle class population.
Is Lewis Hamilton sufficiently appreciated at home?
Singh claimed that union minister of law and justice Rijiju 'exhorted' the state association members to vote against Bhutia
Russia's invasion of Ukraine was condemned by the sporting community on Thursday, with President Vladimir Putin's country losing hosting rights for the UEFA Champions League final while Formula One drivers said it was "wrong" to race there this year.
Lotus driver Kimi Raikkonen is in no rush to make a decision over his team for 2014 despite speculation linking him to a move to champions Red Bull with Mark Webber stepping away from Formula One at the end of the season. Raikkonen, who is third in the standings, is out of contract after this season having been one of the most impressive drivers since returning to F1 last year.
Fatigued Formula One mechanics will be spared regular all-night shifts next season after the sport's governing body inserted a 'curfew' in new rules published on Monday.
Double Formula One world champion Lewis Hamilton has agreed a new three-year contract that will keep him at Mercedes until the end of 2018, the team announced on Wednesday.
German Nico Hulkenberg will drive for Force India next season, the British-based Formula One team said on Tuesday.
Summary of sports events and persons who made news on Saturday
'It was probably one of the most difficult decisions to take in my career so far. But I thought that it was time for me to take on a fresh and new challenge'
A summary of sports events and persons who made news on Monday.
The CBI recently approached the special court in Mumbai for issuance of LoR to conduct a probe to ascertain utilisation of funds received in the US-based bank accounts of Mallya and now defunct Kingfisher Airlines.
As another eventful year draws to a close, Rediff.com gives you a pictorial look back at the best and worst moments that shaped the sports stories this year.
India will start construction of a Formula One circuit near New Delhi in October and is on track to host its first Grand Prix in 2010, Force India team owner Vijay Mallya said on Friday. Mallya, who bought the Spyker team last year and renamed it, has said he wants Force India to be in a position to claim their first podium finish by 2010 when they can expect to be racing in front of a home crowd.
Either Sanjay Kumar Singh or 2010 CWG champion Anita Sheoran will become the next WFI President.
The World Cup will expand to 48 teams from its current 32, starting with the 2026 edition of football's showpiece tournament.
After Formula One's expected high profile entry into the country, Indian motorsport fans may get the opportunity to have a glimpse of A1GP race by 2009.
Fans of Formula One got a taste of real-time virtual reality of the race, without the usual 30-second delay, after the 'world's first' live 360-degree technology was put to test at the Singapore Grand Prix, according to Tata Communications and Formula 1.
Summary of sports events and persons who made news on Thursday
With empty stands greeting the Indian F1 Grand Prix during the first two practice session, Raja Sen begs the organisers to open the gates and bring in the junta. 'At least, Formula One will feel compelled to bring its mega budget circus back to India at the soonest'.
Japanese Prime Minister Shinzo Abe said on Monday that the government will keep in close touch with all relevant groups to ensure a virus outbreak does not have affect the Summer Olympics. Olympics Minister Seiko Hashimoto said organisers are not considering cancelling the Olympics, which start on July 24.
