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BRASILIA : Brazil's Finance Ministry is expected to levy a 15 per cent tax on the revenue of sports betting companies, in addition to requiring a fee of 30 million reais ($5.93 million) to operate in the country, two sources with knowledge of the matter told Reuters on Thursday.
Thee-time Formula One world champion Nelson Piquet has been ordered pay 5 million Brazilian Reals (€885,500) in moral damages for racist and homophobic comments against Mercedes driver Lewis Hamilton, a Brazilian court ruled on Friday. In an interview in November 2021, Piquet used a racial slur referring to the seven-time world champion, when commenting on Hamilton's British Grand Prix crash with Max Verstappen. Hamilton called for action to change "archaic mindsets" after footage of the interview surfaced on social media last June.
The Brazilian Football Confederation (CBF) has the right to sanction teams whose employees or fans commit acts of racism with the loss of points, according to the league's statute approved by the 20 first division clubs.
SAO PAULO: The Brazilian Football Confederation said Friday (Feb 3) it had sent a letter to FIFA calling for a crackdown on racism in the sport, after a series of incidents targeting players including Brazil star Vinicius Junior.
BRASILIA : Brazilian President Luiz Inacio Lula da Silva said on Tuesday he strongly supports "economic stability" and wishes for both fiscal and social responsibility during his term, while also pledging to work towards clean energy alternatives.
SANTOS, Brazil: Emotional crowds bid Brazil football legend Pele a final farewell on Tuesday (Jan 3), lining the streets of Santos to watch his coffin taken to its final resting place from the city's stadium where 230,000 mourners had filed past his open casket.
Brazilian sports legend Pelé is being buried Tuesday, with his nation of more than 200 million people and the world watching.
SANTOS, Brazil : More than 150,000 people including President Luiz Inacio Lula da Silva paid their respects to the Brazilian soccer great Pele in the coastal city of Santos, filing past Pele's open casket at the Vila Belmiro stadium to bid a final farewell.