Poging GOUD - Vrij
Johnson plots track league's comeback after crisis
The Straits Times
|December 13, 2025
Michael Johnson’s troubled Grand Slam Track athletics circuit filed for bankruptcy protection on Dec 11, saying that the move was necessary to stabilise finances after a crisis-hit inaugural season.
-
The US Olympic legend launched Grand Slam Track earlier in 2025 with the bold goal of transforming athletics, promising a concentrated format featuring more frequent head-to-head races between the world’s best athletes.
However, the circuit stalled amid financing issues, with Johnson forced to cancel the fourth and final leg in Los Angeles following meets in Kingston, Miami and Philadelphia.
The 58-year-old said in August that the circuit would not take place in 2026 as planned until athletes waiting to receive prize money for competing in 2025 had been paid.
In a statement on Dec 11, Grand Slam Track said the circuit had filed for Chapter 11 bankruptcy protection in the state of Delaware to “position the league for sustainable long-term growth.”
Dit verhaal komt uit de December 13, 2025-editie van The Straits Times.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Straits Times
The Straits Times
Taiwan's Xiaohongshu ban triggers strong backlash among users
Experts say uproar demonstrates how govt failed to communicate its policy clearly
4 mins
December 15, 2025
The Straits Times
Super-aged, superlative: Ageing with meaning and dignity in S'pore
Singapore is on the brink of becoming one of the world’s fastest super-aged societies.
4 mins
December 15, 2025
The Straits Times
44 taken to hospital after bus accident in Jurong West
Forty-four people were taken to hospital after an accident involving two double-decker buses in Jurong West on the morning of Dec 14.
3 mins
December 15, 2025
The Straits Times
Employers holding pay hikes steady at 3% to 6%, say HR firms
Outlook for 2026 cautious amid economic uncertainty; prospects differ across sectors
6 mins
December 15, 2025
The Straits Times
Thailand confirms first civilian killed in week of Cambodia fighting
International efforts fail to stop violence that has displaced around 800,000 people
3 mins
December 15, 2025
The Straits Times
2027 gold target after first billiards team silver
In a pressure-cooker situation like the English billiards men's team final, even the best in the business like Singapore's Peter Gilchrist and Myanmar's Pauk Sa, who share 10 SEA Games singles titles between them, can get shaky.
3 mins
December 15, 2025
The Straits Times
Kisshoten can rule in Grade 2 Ipi Tombe Challenge
Dec I6 South Africa (Turffontein) preview
3 mins
December 15, 2025
The Straits Times
Prabowo vows to rebuild as flood death toll tops 1,000
The death toll from flooding and landslides in Indonesia’s Sumatra island rose to 1,006, as President Prabowo Subianto visited the region and called for a fast rebuild of damaged areas.
1 min
December 15, 2025
The Straits Times
The Chinese military is on Facebook – but its messages are not sticking
As its strength grows, the PLA's efforts to project a benign image must be coupled with greater restraint on the ground.
5 mins
December 15, 2025
The Straits Times
HK Land shares rise after property group unveils new $8b real estate fund
Shares of Hongkong Land closed higher last week after the property group unveiled a new $8 billion Singapore private real estate fund and said it will inject its stakes in Marina Bay Financial Centre (MBFC) Towers 1 and 2 and One Raffles Quay into the vehicle.
6 mins
December 15, 2025
Listen
Translate
Change font size
