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FII PRIORITY Summit in Miami Discusses Investment in Sports

Discussions at the PRIORITY Summit, organized by the Future Investment Initiative (FII) Institute in Miami, focused on the second day on investment in sports
Discussions at the PRIORITY Summit, organized by the Future Investment Initiative (FII) Institute in Miami, focused on the second day on investment in sports
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FII PRIORITY Summit in Miami Discusses Investment in Sports

Discussions at the PRIORITY Summit, organized by the Future Investment Initiative (FII) Institute in Miami, focused on the second day on investment in sports
Discussions at the PRIORITY Summit, organized by the Future Investment Initiative (FII) Institute in Miami, focused on the second day on investment in sports

Sessions, discussions and dialogues at the PRIORITY Summit, organized by the Future Investment Initiative (FII) Institute in Miami, focused on the second day on investment in sports.
One of the most important questions raised at the summit themed, "On the Edge of a New Frontier," was: What drives growth in sports assets and innovation in sports? How do investors and owners of sports teams reshape sports financially? Speakers pointed out that in recent years, sports investment has witnessed a major transformation with the increase in media broadcast rights for sports events and tournaments, and the achievement of high financial returns as a result of investment projects in this vital field, which attracts many followers around the world.
Speakers at the sessions explained that investing in sports is not just about winning games, but it is rather a huge platform that brings communities together and gets to know each other.
Participants also spoke about the development of sports investment with increasing financial returns in paid broadcasting rights, and about increasing demand, digital expansion, and accessing more global markets, as investors support shaping sports financially and practically, while taking advantage of modern technologies to attract new fans and followers in watching sports tournaments.
The participants also touched upon ways to invest in art, entertainment, museums and media, and the role of media and entertainment companies in developing content across various platforms to attract wider audiences, generate income effectively, and shape culture in their countries.

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Bagnaia Wins Japanese Grand Prix Sprint after Leader Acosta Crashes

Ducati Lenovo Team rider Francesco Bagnaia of Italy (R) leads his teammate Enea Bastianini of Italy (L) during Tissot Sprint of the MotoGP Japanese Grand Prix at the Mobility Resort Motegi in Motegi, Tochigi prefecture on October 5, 2024. (AFP)
Ducati Lenovo Team rider Francesco Bagnaia of Italy (R) leads his teammate Enea Bastianini of Italy (L) during Tissot Sprint of the MotoGP Japanese Grand Prix at the Mobility Resort Motegi in Motegi, Tochigi prefecture on October 5, 2024. (AFP)
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Bagnaia Wins Japanese Grand Prix Sprint after Leader Acosta Crashes

Ducati Lenovo Team rider Francesco Bagnaia of Italy (R) leads his teammate Enea Bastianini of Italy (L) during Tissot Sprint of the MotoGP Japanese Grand Prix at the Mobility Resort Motegi in Motegi, Tochigi prefecture on October 5, 2024. (AFP)
Ducati Lenovo Team rider Francesco Bagnaia of Italy (R) leads his teammate Enea Bastianini of Italy (L) during Tissot Sprint of the MotoGP Japanese Grand Prix at the Mobility Resort Motegi in Motegi, Tochigi prefecture on October 5, 2024. (AFP)

Reigning champion Francesco Bagnaia won MotoGP's Japanese Grand Prix sprint on Saturday after leader Pedro Acosta crashed out with four laps to go, reducing his gap with championship leader Jorge Martin, who finished fourth, to 15 points.

Rookie Acosta, who took pole earlier in the day, had overtaken Bagnaia on the third lap to take the lead, but lost control near turn seven, losing the opportunity to win his first MotoGP sprint.

Ducati's Bagnaia, who moved to 357 points ahead of Sunday's race, fought off second-placed Enea Bastianini by 0.181 seconds amid occasional rains in Motegi to win his 16th sprint of the season.

"We had to sacrifice a bit of performance during the race to understand the conditions better... I'm very happy because with this condition it's not very easy to win," Bagnaia said in his post-sprint interview.

Pramac Racing's Martin, who started from the 11th position on the grid after crashing during the qualifying session, started well to take the fifth position in the first lap, facing pressure from Marc Marquez, who eventually overtook him.

Marquez momentarily took second place from Bastianini but the Ducati rider recovered to leave him third.

LCR Honda's Takaaki Nakagami crashed out of his home grand prix sprint after a collision with teammate Johann Zarco, while Red Bull KTM's Brad Binder, sixth in the championship, quit due to an issue with his bike.

"We´re investigating what happened to cause Brad Binder's sprint to come to a premature end," the team wrote on X. "For now, all we can do is apologize to Brad."