Sports business
FILE - Miami Heat forward Duncan Robinson (55) drives to the basket past Golden State Warriors guard Ty Jerome (10) during the second half of an NBA basketball game at FTX Arena, Nov. 1, 2022, in Miami. The Heat and Miami-Dade County decided Friday, Nov. 11, 2022, to terminate their relationship with FTX on the same day the cryptocurrency exchange filed for bankruptcy. The building had been called FTX Arena since June 2021, and a 19-year, $135 million sponsorship agreement between FTX and the county was just getting started. (AP Photo/Wilfredo Lee, File)
Miami Heat's home arena will get new name after FTX collapse

By Tim Reynolds Nov. 11, 2022 07:17 PM EST

A member of Mercedes team crew works on the car of George Russell, of Britain, ahead of Sunday's Formula One Brazilian Grand Prix, at the Interlagos racetrack in Sao Paulo, Brazil, Thursday, Nov. 10, 2022. (AP Photo/Andre Penner)
F1 team Mercedes suspends sponsorship deal with FTX

By Mauricio Savarese Nov. 11, 2022 12:49 PM EST

FILE - Tony Kanaan is shown before the start an IndyCar auto race at World Wide Technology Raceway on Saturday, Aug. 21, 2021, in Madison, Ill. The tit-for-tat war between Zak Brown and Chip Ganassi took another turn Tuesday, Nov. 1, 2022, when Arrow McLaren SP announced it had signed both a Ganassi sponsor and Tony Kanaan to drive the Indianapolis 500. (AP Photo/Jeff Roberson, File)
McLaren plucks away Ganassi sponsor and Kanaan for Indy 500

By Jenna Fryer Nov. 01, 2022 08:44 AM EDT

FILE -Colton Herta of the United States celebrates winning the pole position following qualifying at the 2022 IndyCar Toronto, in Toronto, Saturday, July 16, 2022. Colton Herta has signed a four-year contract extension with Andretti Autosport that ties him to the IndyCar team through 2027. The agreement announced Tuesday, Oct. 25, 2022, includes a concurrent contract extension with sponsor Gainbridge, which could signify the end of Herta’s Formula One ambitions and acknowledgement that Michael Andretti is not getting an F1 team. (Mark Blinch/The Canadian Press via AP, File)
Herta signs 4-year Andretti IndyCar extension through 2027

By Jenna Fryer Oct. 25, 2022 12:59 PM EDT

Haas driver Kevin Magnussen of Denmark steers his car during practice session of the Singapore Formula One Grand Prix, at the Marina Bay City Circuit in Singapore, Friday, Sept. 30, 2022. (AP Photo/Vincent Thian)
Haas F1 inks MoneyGram to 3-year title sponsorship deal

By Jenna Fryer Oct. 20, 2022 09:00 AM EDT

Chase Elliott (9) leads the field to the finish line during a NASCAR Cup Series auto race Sunday, Oct. 2, 2022, in Talladega, Ala. (AP Photo/Butch Dill)
NASCAR teams call revenue model 'broken,' warn of layoffs

By Jenna Fryer Oct. 07, 2022 02:21 PM EDT

Driver AJ Allmendinger celebrates in Victory Lane after winning the NASCAR Xfinity Series auto race Saturday, Oct. 1, 2022, in Talladega, Ala. (AP Photo/Butch Dill)
Allmendinger to return to Cup Series full time next season

By Jenna Fryer Oct. 05, 2022 01:11 PM EDT

Conor Daly to make Cup debut at Roval with Mayweather's team

By Jenna Fryer Sep. 29, 2022 10:31 AM EDT
Conor Daly ended the 2021 IndyCar season without a job and unsure where his racing career was headed. Just about a year later, he's brought a new sponsor to...

Foyt promotes Benjamin Pedersen to IndyCar for 2023 season

By Jenna Fryer Sep. 28, 2022 11:09 AM EDT
Benjamin Pedersen is the first driver to land a promotion from Indy Lights into IndyCar as AJ Foyt Racing confirmed Wednesday he'll be part of its 2023 lineup. ...

Sportlight: Week Ahead, Sept. 23-30

By The Associated Press Sep. 22, 2022 10:00 AM EDT
Sept. 27 1894 — Aqueduct Race Track opens its doors. The building is torn down in 1955 and the new Aqueduct reopens on Sept. 14, 1959. ...

FILE - Alex Palou, of Spain, waits in his pits during qualifications for an IndyCar auto race at Indianapolis Motor Speedway, Friday, July 29, 2022, in Indianapolis. Palou will remain with Chip Ganassi Racing next season in an agreement that allows the one-time IndyCar champion to test Formula One with McLaren, and Felix Rosenqvist will keep his seat in a pair of Wednesday resolutions to a wild silly season. (AP Photo/Darron Cummings, File)
Staying Put: Palou & Rosenqvist to remain with IndyCar teams

By Jenna Fryer Sep. 14, 2022 09:54 AM EDT

FILE - Jimmie Johnson drives during the IndyCar Series auto race Saturday, July 23, 2022, at Iowa Speedway in Newton, Iowa. Jimmie Johnson announced Friday, Sept. 9, 2022, that sponsor Carvana has agreed to fund next year's racing endeavors and the seven-time NASCAR champion will use the next few weeks to determine his 2023 schedule. (AP Photo/Charlie Neibergall, File)
Jimmie Johnson has Carvana sponsorship for 2023 racing plans

By Jenna Fryer Sep. 09, 2022 02:49 PM EDT

Austin Dillon celebrates in Victory Lane after winning a NASCAR Cup Series auto race at Daytona International Speedway, Sunday, Aug. 28, 2022, in Daytona Beach, Fla. (AP Photo/Phelan M. Ebenhack)
Column: NASCAR playoff field set as wonky season nears end

By Jenna Fryer Aug. 29, 2022 03:33 PM EDT

Sportlight:Week Ahead, Aug. 26-Sept. 1

By The Associated Press Aug. 25, 2022 10:00 AM EDT
Aug. 26 1933 — Helen Hull Jacobs captures the U.S. Lawn Tennis Association singles title when Helen Wills Moody defaults in the third set because of...

Rob Walton, back, joins his daughter Carrie Walton Penner, center, and limited shareholder Mellody Hobson, all members of the Walton-Penner Family Ownership Group that purchased the Denver Broncos, during a news conference at the NFL football team's headquarters Wednesday, Aug. 10, 2022, in Centennial, Colo. (AP Photo/David Zalubowski)
Broncos sport NFL's richest, most diverse ownership group

By Arnie Stapleton Aug. 10, 2022 06:58 PM EDT

Noah Gragson celebrates after he won the NASCAR Xfinity Series auto race at Pocono Raceway, Saturday, July 23, 2022 in Long Pond, Pa. (AP Photo/Matt Slocum)
Noah Gragson to move to Cup Series in 2023 with Petty GMS

By Jenna Fryer Aug. 10, 2022 03:22 PM EDT

Rinus VeeKay, of The Netherlands, talks to pit crew members during practice for an IndyCar Series auto race, Friday, July 22, 2022, at Iowa Speedway in Newton, Iowa. (AP Photo/Charlie Neibergall)
VeeKay extends contract with ECR with zero controversy

By Jenna Fryer Aug. 04, 2022 03:02 PM EDT

Mercedes driver Lewis Hamilton of Britain greets supporters at the Hungaroring racetrack in Mogyorod, near Budapest, Hungary, Thursday, July 28, 2022. The Hungarian Formula One Grand Prix will be held on Sunday. (AP Photo/Anna Szilagyi)
Formula One's Lewis Hamilton joins Broncos ownership group

By Arnie Stapleton Aug. 02, 2022 02:37 PM EDT

NASCAR Cup Series driver Kyle Busch answers questions at a news conference between series races and Cup qualifying at Pocono Raceway, Saturday, July 23, 2022 in Long Pond, Pa. Busch's deal with Joe Gibbs Racing expires at the end of the season and the two-time Cup Series champion is getting antsy for a new deal. (AP Photo/Matt Slocum)
Kyle Busch open to racing 'for under my market value' in '23

By Jenna Fryer Jul. 30, 2022 10:56 AM EDT

FILE - Zak Brown, CEO of McLaren, arrives at the track for the Australian Formula One Grand Prix in Melbourne, Thursday, March 12, 2020. There is no love lost between rival team owners Chip Ganassi and Zak Brown, and the two now find themselves entangled over the reigning IndyCar champion. Ganassi says he picked up the option on Alex Palou for 2023, but McLaren Racing says it has signed the Spaniard for next year. (AP Photo/Andy Brownbill, File)
IndyCar champ Palou declares he will be at McLaren in 2023

By Jenna Fryer Jul. 28, 2022 05:52 PM EDT