Most of the contenders that could afford to compete are funded by a single source—a billionaire. Staging the event itself is estimated to cost as much as $100 million.
Want to know what $100 million will buy you? A sail boat so fast and sleek that its technology is more like an aircraft than a watercraft.
Former Patriots player Aaron Hernandez is facing murder charges. Which sports have the highest arrest rates? Patrick Rishe, Sports & Economic writer, offers insight.
Ken Goldin, Goldin Auctions, discusses the items up for auction in a Kobe Bryant memorabilia auction that takes place from June 17th through July 19th. Bryant's lawsuit to stop the auction has been settled. Also up for auction, the bat Jackie Robinson used during his MVP season.
Adam Ritter and Chad Evans, MLB.com, discuss existing products and what Apple might do to draw their interest at the company's Worldwide Developer Conference today.
There's a major development in Major League Baseball's steroid investigation, reports NBC's Brian Shactman.
The founder of a Miami anti-aging clinic has agreed to talk to Major League Baseball about players linked to performance-enhancing drugs, The Associated Press reported.
Stephen Cannella, Sports Illustrated, and Patrick Rishe, Webster University economics professor, discuss what's driving down attendance at Major League Baseball games this year. Much of it is attributable to the Miami Marlins, which have seen a tremendous drop in attendance.
Charlotte Motor Speedway will be roaring this Sunday as Nascar driver Danica Patrick takes the wheel for one of the biggest races of the year for her and her team.
CNBC's Joe Kernen hits the golf course with Citi's Tobias Levkovich to chat about the discipline of golf — and what it can teach you about investing.
LA Lakers' Kobe Bryant is saying his mother fouled him and the infraction could cost hundreds of thousands of dollars, reports CNBC's Brian Shactman.
Toronto Blue Jay pitcher J.A. Happ's skull fracture from a line drive to the head raises questions about protective gear for baseball. Here are some available products.
Manchester United, the world's second most valuable soccer club, has appointed David Moyes as the club's manager, following the retirement of Alex Ferguson.
Long running manager of U.K. soccer club Manchester United, Alex Ferguson, is retiring, the club announced on Wednesday.
A plan to renovate 99-year-old Wrigley Field will be a 'great deal' for Chicago's economy, according to Cubs owner Tom Ricketts.
Tom Ricketts, Chicago Cubs owner & chairman, provides details on his plans to renovate the 99-year old ballpark.
Fans attending a Mariners game can choose from more than 50 different varieties of beer, reflecting the taste of the region's consumers.
Chinese amateur teenage golfer Guan Tinglang's background is far from the typical rags-to-riches, product of a state sporting system story usually preferred by the Communist party. The FT reports.
Major League Baseball may be a couple of centuries old, but when it comes to using technology and new media, the sport is hitting home runs.
The Washington Nationals unveil Ultimate Ballpark Access this season, a loyalty program for season ticket holders. Washington Nationals Chief Operating Officer, Andrew Feffer, describes the how the program works.