In an age where it feels like everyone is fed up with public transportation and traffic, other first and last mile options like skateboards and scooters are seeing new life.
Take Boosted, Inc. an electric skateboard company founded in 2012 that just raised $60 million in a Series B round led by Khosla Ventures and iNovia Capital. The company plans on using the new flush of money … More
How much money you need to build a Formula One car? According to some estimates, at least $12.2 million is required to build an F1 car. The FIA have made a number of changes in every season about the car designs. As a result, the cost of car is increased with new season.
The first thing to be kept in mind is that bigger F1 teams such as Ferrari, Mercedes, Red Bull and McLaren spend budget almost … More
Rumors and talk have been floating around for some time now but it seems that it’s nearly official. China’s Anta Sports Products is leading a consortium to purchase Amer Sports for a reported 5.2 billion dollars this week. Amer Sports owns both ENVE and Mavic, as well as other active brands such as Arc’teryx, Salomon, Atomic, and Suunto … More
John John Florence is suing the American beverage company Monster Energy for breach of a sponsorship agreement.
According to the New York Post, in January 2017, the two-time World Surf League (WSL) champion and the energy drink signed a three-year marketing deal worth $500,000 a year.
Florence would help promote the brand for $350,000, plus $150,000 for a multimedia production depicting the story behind the world title race.
The suit notes that Monster Energy … More