Question

Power and performance sports are dominant today because they do not foster the interests of people and organizations with the resources to sponsor and stage large sports events.

Answer 1

I believe that statement is false

It's the other way around. Since sports able to attract the interest of large number of people, it attract interest of many organizations that feel that they can financially benefited from the audiences. Which is why you would constantly see massive advertisements displayed on the sports field or on the players' jersey.