Monaco

Newly-promoted French Ligue 1 side Monaco has failed to overturn legislation that will require the club to base its main offices in France.

AS Monaco has filed two legal suits against the French Football League (LFP) in a tax dispute that has sparked calls from Ligue 1 clubs to stop Monaco from entering the top flight.

AS Monaco has slammed the French Football League’s (LFP) decision to force the club to set up financial residence in France, stating the move “jeopardises their survival”.

SportelMonaco organisers have announced that 85% of exhibition space has already been sold with over four months remaining to this year’s event.

The Automobile Club de Monaco (ACM) has acted to ensure the opening round of the 2012 World Rally Championship (WRC) is provided with television and internet coverage by agreeing a contract with Eurosport.

Amparo DiFede will steer the future development of the Sportel sports media industry conferences following the departure of Monaco Mediax CEO David Tomatis.

The fifth edition of the Peace and Sport International Forum kicked off yesterday with an influential collection of sporting, political and economical leaders meeting in Monaco.

Peace and Sport has unveiled an action-packed programme for its 2011 International Forum in Monaco on October 26-28 that will deliver an agenda-setting debate about the promotion of peace through sport.

ESPN has renewed a new multi-year agreement with pay-TV service CanalSat to carry ESPN America and ESPN Classic in France, Monaco and French-speaking Switzerland.

Fourteen Olympic and non-Olympic international sports federations, in addition to the International Paralympic Committee (IPC), announced on Friday that they are joining the Peace and Sport platform to deploy educational programmes through sport across the globe.

Prince Albert II of Monaco has received an award by the United Nations in recognition of his "global leadership and passionate commitment as a champion of the cause of peace through sport" as patron of the Peace and Sport organisation.

The iconic Monte Carlo street race will remain on the Formula One calendar for the next decade after securing a new deal with Bernie Ecclestone, despite recent suggestions from the sport’s commercial supremo that it could be dropped from the calendar.

Formula One boss Bernie Ecclestone has warned Monaco and other European GPs that they will need to increase the amount they pay to guarantee a place in an already crammed annual calendar of 19 races.

Tennis’s ATP World Tour has extended until the end of 2012 its sponsorship deal with Japanese office equipment maker Ricoh.

Tony Fernandes, team principal of the new LotusF1 team, has encouraged businesses to invest in Formula One despite the recent withdrawal of manufacturers from the sport.

CEOs from some of the top motor racing circuits in the world, including Abu Dhabi's Yas Marina Circuit, will be participating in a panel session at the 2009 Motor Sport Business Forum to discuss the business of running a leading circuit.

Peace and Sport, the United Nations Office on Sport for Development and Peace (UNOSDP), and the United Nations Office for Partnerships (UNOP) have forged a partnership for the promotion of peace through engagement in sport.

Sport is about so much more than fun, exercise and something exciting to watch if you understand what’s going on and care who wins.