Category: Start A Small Business

Davos 2020: Can Formula 1 really go ‘carbon neutral’ by 2030?

Image copyright Formula 1 Image caption F1 wants to be ‘carbon neutral’ by 2030 It is no secret that Formula 1 racing is a polluting sport, or that its previous owner Bernie Ecclestone wasn’t particularly interested in sustainability. But things have changed since the elite motor-racing series was taken over by US media giant Liberty Media in 2017. Last year… Read more →

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Manchester United’s revenue falls by nearly 12%

Image copyright Getty Images Manchester United’s revenue fell by nearly 12% in the six months to December, largely because of the club’s absence from the Champions League. Broadcasting revenue fell by 33.4% over the period, although commercial revenue rose by 6.5% and matchday revenue remained largely the same. For 2020, the club expects its total revenue to be between £560m… Read more →

Upcycling sports shirts and aeroplane seats

Image copyright Looptworks “When I started talking about upcycling, people thought I was talking about riding bikes uphill,” laughs Scott Hamlin. But the former Adidas boss has a simple, yet ingenious, business model – he buys unwanted tops from professional sports teams, upcycles them into merchandise and sells it back to them. He first began the business with Portland Trail… Read more →