Darshan Chokhani’s Post

Check out the latest clip from our Elevator Pitch sponsorship at the GSE UK Conference, featuring Michael FitzGerald of Fitz Software. In this segment, Michael introduces SAE, a Standalone Environment—their first-ever system integrity product. He recounts a remarkable story of dedication and quick thinking, when Fitz Software went above and beyond to assist a client during a Sunday emergency. By flying out a critical tape, they had the client back up and running before standard measures could respond. This story is a testament to the value of expertise, innovation, and unwavering client commitment in our industry. Stay tuned for more insights from Michael in upcoming segments! #GSEUKC24 #ElevatorPitch #Sponsorship

FIA adds 'Heat Hazard' in its Formula 1 regulations, as further updates done to 2025 and also 2026 set across. Also, it has introduced 'Operational Regulations' to regular certain activities outside the race weekend: https://lnkd.in/eHK3tS8J #F1 #FIAWMSC

I had great fun researching and writing about the FIA F1 Financial Regulations and Cost Cap for LawInSport alongside Kavan Bakhda and Heather Lynch Check out the post below for the full article. #Formula1 #CostCap #Motorsport #F1

The #EMDG portal opens 25 March for #milestonereports submissions. Austrade assesses milestone reports as they received. The earlier you submit, the earlier you are likely to receive your payment 💰💰💰 if everything is in order. Read more about this on https://buff.ly/3vhSBF6 #EMDGround1 #EMDGround2 #EMDGround3 ##EMDGpayment #exportmarket

The more things change the more they stay the same. The current iteration of cost control measures (called Profitability & Sustainability rules, which is ironic as they encourage neither profitability nor sustainability, benefit existing large clubs that qualify for major European competitions. The rules make is difficult for ambitious/aspirational owners who want their clubs to challenge the existing elite. The rules are set to be replaced by a Squad Control Cap which will…benefit existing large clubs that qualify for major European competitions. Fancy that!

£113m thats a lot of money to lose! Manchester United report a net loss of £113m for 2023/34 and a cumulative £370m over the last 5 years, it's no wonder the Ineos team are looking down the back of all the sofas for loose change. And while most clubs and businesses can only dream (or scream) at the idea of managing financials on that scale, the challenges presented to the Man U team under new CEO Omar Berrada are no different than at any level of the game: how to grow revenues and manage costs so that everyone can focus on improving results on pitch. We have lots of ideas for you, especially when it comes to retail so give us a shout if you'd like to find out more? #RaiseYourRetailGame. #FootballFinance #FootballRetail #BeatPSR #ARFF https://lnkd.in/gqGUKE-F

Today’s #FIAConference sessions focused on building a brighter future for our Federation.   With 120 years of history behind us, we know how important it is to be future-facing, and to focus on the innovations that will move us forward.   Delegates and Presidents met for sessions on World Motor Sport, Mobility Policy, United Against Online Abuse, and One Road, our global loyalty programme.   Read the key takeaways below. #FIA120

See how Orion180 is shaking things up with the MoneyGram Haas F1 Team! 👊🏎️ Watch the full video here: https://lnkd.in/e2yHdXx3 #Orion180 #HaasF1 #F1 #Insurance #InsuranceIndustry #Partnership #Sponsorship #Growth

Diarra vs…the F1 Contract Recognition Board - how could football transfers influence F1’s driver market? ⚖️𝗪𝗵𝗮𝘁 𝗶𝘀 𝘁𝗵𝗲 𝗗𝗶𝗮𝗿𝗿𝗮 𝗰𝗮𝘀𝗲? Short summary:  The European Court of Justice (𝗖𝗝𝗘𝗨) found that FIFA’s transfer regulations make it difficult for players to switch clubs by imposing harsh penalties if a player leaves in dispute. This is a restraint on free movement and a clear restriction of competition. My colleague (and competition/antitrust law specialist) Anand Patel has written a fantastic explainer so please let me know if you'd like to discuss. ⚽ 𝗪𝗵𝘆 𝗮𝗿𝗲 𝗳𝗼𝗼𝘁𝗯𝗮𝗹𝗹 𝘁𝗿𝗮𝗻𝘀𝗳𝗲𝗿𝘀 𝗿𝗲𝗹𝗲𝘃𝗮𝗻𝘁 𝘁𝗼 𝗙𝟭? The rules in F1 vs football are different, but the 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗳𝗼𝗿 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻 𝗹𝗮𝘄 𝗶𝘀𝘀𝘂𝗲𝘀 𝗶𝘀 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲. ❌𝗪𝗵𝘆 𝗶𝘀 𝘁𝗵𝗲 𝗖𝗥𝗕 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗮 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗿𝗲𝘀𝘁𝗿𝗶𝗰𝘁𝗶𝗼𝗻 𝗼𝗻 𝗱𝗿𝗶𝘃𝗲𝗿𝘀? See my earlier article on the F1 Contract Recognition Board (𝗖𝗥𝗕). When a team CRB-registers a driver's contract, that driver can only leave: (a) if the existing team allows (Sainz); (b) the driver contract expires (Hamilton); or (c) driver terminates / team in breach. CRB registrations = team protection; driver restriction. 💥𝗛𝗼𝘄 𝗺𝗶𝗴𝗵𝘁 𝗗𝗶𝗮𝗿𝗿𝗮 𝗶𝗺𝗽𝗮𝗰𝘁 𝗙𝟭? If a driver wanted to leave their existing team, that driver would not be able to move while their existing team held a registration (regardless of whether the new team pays the old team a zillion moneys). This is the same as the FIFA transfer restrictions that the CJEU found were too harsh in the Diarra case and could potentially be an anti-competitive restriction. 🔄𝗦𝗼 𝗹𝗼𝗮𝗱𝘀 𝗼𝗳 𝗱𝗿𝗶𝘃𝗲𝗿 𝘀𝘄𝗮𝗽𝘀 𝗶𝗻𝗰𝗼𝗺𝗶𝗻𝗴? Unlikely. Someone would have to expensively challenge the CRB rules (as per the Diarra case). CRB disputes are very rare. Therefore, a driver would have to 𝘳𝘦𝘢𝘭𝘭𝘺 want to move. 💡𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗼𝗿 𝗱𝗿𝗶𝘃𝗲𝗿𝘀 / 𝘁𝗲𝗮𝗺𝘀? Drivers may feel emboldened in negotiations (if they can back it up…). Teams may (𝘴𝘩𝘰𝘶𝘭𝘥) feel less comfortable hiding behind a valid CRB registration. The CRB may not make any proactive changes but it could fix the problem with softer protections, eg proper F1 transfer payments - money from new team to old team to transfer the registration. Some things would still be proportionate, eg drivers could still commit a breach of contract and be sued in normal court. ✅𝗦𝘂𝗺𝗺𝗮𝗿𝘆 • The Diarra case may impact other sports • F1 is potentially impacted • Teams and drivers should consider the competition law implications • Likelihood of impact is low. There are only 20 drivers and transfer disputes are unlikely (but behind closed doors...) 𝘓𝘦𝘵 𝘮𝘦 𝘬𝘯𝘰𝘸 𝘪𝘧 𝘺𝘰𝘶 𝘸𝘢𝘯𝘵 𝘵𝘰 𝘥𝘪𝘴𝘤𝘶𝘴𝘴 𝘪𝘮𝘱𝘢𝘤𝘵 𝘰𝘧 𝘵𝘩𝘦 𝘋𝘪𝘢𝘳𝘳𝘢 𝘤𝘢𝘴𝘦 𝘸𝘪𝘵𝘩 𝘮𝘦 / 𝘈𝘯𝘢𝘯𝘥 𝘪𝘯 𝘮𝘰𝘵𝘰𝘳𝘴𝘱𝘰𝘳𝘵 𝘰𝘳 𝘰𝘵𝘩𝘦𝘳𝘸𝘪𝘴𝘦. #Sportslaw #F1 #Motorsport #FIFA #Diarra

Considering its recent controversy, is it time for Formula One to drive away from betting sponsors? Formula One is considering a ban on online betting ads. Why? More countries are clamping down on gambling. This weekend, Sauber faces a big admin headache. Their sponsor, Stake, isn’t registered in the Netherlands. Sauber must remove Stake logos for the Dutch Grand Prix. Replaced by live-streaming service Kick. Dutch gambling authorities are strict, citing vulnerable groups. Now, the FIA is reevaluating betting sponsors for all teams. The growing list of controversies has put the spotlight on the ethical implications of gambling sponsors. Should sports be free from such associations? Did you know the KSA’s firm stance aims to protect minors and young adults? What do you think? Should F1 part ways with betting sponsors for good? Share your thoughts below. Contact me to discuss this hot topic! #FormulaOne #SportsSponsorship #Betting #F1 #EthicsInSports