Ferrari sign first Chinese sponsor
Ferrari’s Formula One team has signed a four-year deal with Weichai Power. Somewhat surprisingly given Ferrari 20+ year history in China and the importance of the Chinese market, it is Ferrari’s first ever Chinese sponsor. Weichai, as I’m sure you know, produces mechanical components for heavy-duty vehicles, including buses.
Weichai Power’s parent company, the Weichai Group, already has Italian links: the company bought a majority stake in luxury yacht manufacturer Ferretti Group last year.
Continue reading Weekly Wrap: F1, NBA, Tennis, MMA
It’s normally Myanmar’s politics that get the international spotlight, but this week it has been their bizarre sporting choices. The new Burmese capital Naypyidaw will host the 27th Southeast Asian Games later this year and, perhaps fittingly, they’ve chosen some new sports. Vovinam, tarungderajat, kempo and chinlone are all on the agenda and if you haven’t heard of them, you’re not alone.
In fact, most of the other nations are pissed.
Charoen Wattanasin, vice president of the Thai National Olympic Committee, complained that regulations allow for eight traditional sports, not the 14 selected by the hosts:
“Nine out of the 14 are martial arts. They are — well, I can’t even remember their names.”
Continue reading Friday Fun: Myanmar stacks the deck with wildcards
Saturday’s Australian Open women’s tennis final will be an all-Nike affair as Li Na faces off against Victoria Azarenka. Nothing particularly unusual there, given that the US sportswear giant also sponsors Maria Sharapova and Serena Williams. But Nike won’t quite have it all its own way.
That’s because Li Na has a deal – unique among Nike’s stable of tennis superstars that also includes Rafael Nadal and Roger Federer – that allows her to have two other brands on her shirt in addition to the Nike swoosh. Those two? The well-known car company Mercedes-Benz, and the less well-known insurance company Taikang Life.
With Li leading the way, Mercedes has projected that China will be its biggest market by 2015, so paying $4.5 million to get the company’s logo on Li’s right sleeve for three years would seem to be money well spent.
Continue reading Li Na on course to be world’s highest earning female athlete
I don’t mean to patronize Wu Di (吴迪), but his first round loss to Croatia’s Ivan Dodig at the Australian Open is still something to be celebrated.
The 21-year-old from Wuhan became the first Chinese man to play in the main draw of a Grand Slam tournament in the professional era. He had qualified via a wildcard playoff in Nanjing last year, and despite an early break at the start of the match and a solid second set, he went down 5-7, 6-4, 3-6, 3-6.
No one – not the fans, not the bookmakers, not even Wu himself – expected the youngster to overcome the world number 74 in Melbourne. That much was clear from Wu’s post-match comments, when he conceded that Dodig is a much better player.
Continue reading When a loss is really a win
China and Japan may be duking it out for territorial bragging rights in the East China Sea, but on the tennis court it is very much advantage China.
The Women’s Tennis Association (WTA) announced this week that, from 2014, a new tournament in Wuhan will replace the Toray Pan Pacific Open in Tokyo, which will celebrate a bittersweet 30th – and last – anniversary this year.
This is shaping up to be a huge tournament, with at least seven of the year-end ranked top 10 players due to appear in Li Na’s hometown, competing for more than $2 million in prize money.
Continue reading China 1, Japan love