Mazda May Be Forced To Sell Soccer, And Baseball Teams To Make Ends Meet

Mazda May Be Forced To Sell Soccer, And Baseball Teams To Make Ends Meet

Two weeks after selling $1.8 billion in new stock to replenish its depleted capital, the nation's only unprofitable automaker said last month that it will sponsor the All-Star baseball game in July.

Mazda is the only Japanese carmaker to own control of a team in the league and also has a professional soccer club, a hospital and more than $5 billion in land holdings.

 


Read Article

Copyright 2026 AutoSpies.com, LLC