LONDON, April 29 (Reuters) – The company behind Formula One
motor racing could be floated in Singapore at the end of this
year if markets remain benign, the sport’s chief executive
Bernie Ecclestone said on Monday.

Plans to raise up to $3 billion by listing the firm that
runs the high-speed racing series were pulled last June amid
market turmoil following the flotation of social network group
Facebook, which saw its shares plunge after their debut.

LONDON (Reuters) – The company behind British-based Formula One team Williams slumped to a 5 million pound pretax loss in 2012, after an accounting change deprived it of a slice of revenue from its involvement in the motor sport.

The loss, which compares with a pretax profit of 7.4 million pounds the year before, is a further disappointment for the former world champion team, which is yet to score any points in Formula One this season.

LONDON, April 29 (Reuters) – The company behind British-based Formula One team Williams slumped to a 5 million pound ($7.8 million) pretax loss in 2012, after an accounting change deprived it of a slice of revenue from its involvement in the motor sport.

The loss, which compares with a pretax profit of 7.4 million pounds the year before, is a further disappointment for the former world champion team, which is yet to score any points in Formula One this season.

LONDON/STOCKHOLM (Reuters) – The focus of the world’s gaze during the 2012 Olympics, athletics is now searching for a new title sponsor for its elite series of meetings just two weeks before the season opens.

Electronics giant Samsung pulled the plug on its Diamond League sponsorship last month, dealing a blow to the 14-meeting series and raising questions about the marketability of the sport outside of Olympic years.