Americans, Jamaican compete in British Grand Prix.

Tyson Gay has won the 200-meter dash in 20.26 seconds, while Asafa Powell grabbed a 9.87 victory in the 100 at the British Grand Prix. The sprinters, who both missed individual golds at the recent Beijing Olympics, shined during Sunday’s competition in London . Powell had anchored Jamaica ’s world-record-breaking, gold relay team in China , but was disappointed with his fifth-place finish in the 100. American Lauryn Williams, who was involved in the baton-dropping fiasco of the women’s 4×100 relay at Beijing , beat Olympics champ Shelly-Ann Fraser in the Grand Prix’s 100, a race that featured five Beijing finalists.

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Damon Dash dropped from deal.

More bad news for the Roc-a-Fella Records co-founder who recently had news of his pending home foreclosure hit headlines: Damon Dash recently lost his licensing agreement with Pro-Keds. Dash had actually given the impression that he bought the old-school sneaker company. He spoke of plans to make the lesser-name brand hip for a new generation. But now the brand has terminated Dash’s deal. The entrepreneur has yet to strike gold as he did when he helped found the record label that helped make his ex-partner, Jay-Z, a superstar.

Sprinters face-off for highly anticipated rematch
Asafa Powell has beaten world-record-holding sprinter Usain Bolt by one-hundredth of a second at the DN Galan meet in Stockholm, Sweden. Powell raced to the finish line in 9.88 seconds against his fellow Jamaican. Powell had previously lost to Bolt at the Olympic Trials last month. Bolt then went on to break Powell’s world record of 9.74 seconds by running a 9.72-second race in New York on May 31.

Tony Dungy predicts timely Manning recovery

NFL coach Tony Dungy’s confident that his quarterback will be ready to start for the Indianapolis Colts in their season-opener, despite a knee injury. It’s even possible that Peyton Manning could compete during the pre-season, adds Tony Dungy. Manning recently underwent surgery that was projected to have him sidelined for six weeks. “I have talked to Peyton, and we’re just following the doctor’s instructions right now,” Dungy says. “I’m hoping for four weeks, but if he’s truly out six weeks, I think it will be hard to keep him out. However it goes, he’ll be ready when he comes back.”