Sports News

March Madness Reaches New Level with $1B Contest

basketball courtEvery year much of the country goes “mad” about college basketball.  People who have rabid school loyalties as well as those who actually care about basketball fill out their dream bracket to predict who will win each game up to and including the national championship.  It would be impossible to calculate how many people participate in office pools, dorm challenges, and family bets about individual games or for the best overall bracket.

In 2014 the ante was upped considerably with one contest offering $1 billion to anyone who submitted a perfect bracket.  The contest was run by Quicken Loans and insured by Berkshire Hathaway, but it was the brainchild of Berkshire’s Warren Buffett.… Read the rest

How Expensive Are the 2014 Sochi Olympics and Why?

The Olympics have never been known to be an inexpensive event to host, but the 2014 Sochi Olympics are putting all the old financial statistics to shame. Taking place between February 7, 2014 through February 23, 2014 in Sochi, Russia, the 2014 Winter Olympics have reached an astronomical price tag of $50 billion dollars and counting, making it the most expensive Olympic Games to date. To get a better understanding of why the 2014 Sochi Olympics are so exceedingly expensive, we will breakdown the expenses for you. Read on for a look at what is making the Sochi Olympics the most expensive Olympic Games to date.… Read the rest

Michelin Makes For The Win

Or, at least according to the results from Sebring.  On March 16th the last season of American Le Mans kicked off, and things are looking like they are off to a great start.  Team Audi took their 11th victory at the 12 Hours of Sebring using an exceptionally cool R18, and Corvette Racing had quite a thrill, with a drop to seventh and an amazing comeback for the win in the GT class.

team AudiAnd, for both teams, there seems to be a common theme: they were running Michelin tires.  Every part of a race car, especially the cutting edge machines on the track at ALMS events, is essential, but one of the most important, and most often forgotten about, is tires. … Read the rest