DENVER — A group of high-profile ski racers and snowboarders, along with executives and board members, are challenging their sport’s governing body to reconsider a lucrative investment opportunity that could be worth more than $400 million. Titled “Project Snow,” CVC was potentially offering an approximately $420 million investment for a 20% shareholding in the commercial rights of snow sports ranging …
SÖLDEN, Austria — If FIS President Johan Eliasch needed a reminder of the long road ahead to his desired centralization of Alpine skiing’s media rights, he got it on Friday. Less than three hours before Eliasch was going to speak at the FIS Forum Alpinum about his organization’s marketing rights management, the Austrian Ski Federation announced a two-year TV and …
LAUSANNE, Switzerland — The Court of Arbitration for Sport said Friday the ski federations of Austria, Germany, Croatia and Switzerland have appealed the re-election of Johan Eliasch as president of the International Ski Federation because they say the election was faulty. He was unopposed on the International Ski and Snowboard Federation ballot but some in the room and online for …
SÖLDEN, Austria — The International Ski Federation is turning to Bernie Ecclestone for advice, hoping the former Formula 1 boss can do to Alpine skiing what he did to car racing in the past. FIS President Johan Eliasch said Friday he has approached Ecclestone to become part of a new advisory board, intended to help skiing’s governing body shape the …