The arrival of Red Bull as the majority shareholder of the Bora-Hansgrohe team is expected to have a “major impact” on the driver movement market by 2025, leading to an increase in driver salaries and likely more hostile takeover attempts. the driving forces of existing contracts.
Representatives for Remco Evenepoel and Wout Van Aert were quick to deny reports that the two Belgians had been contacted for 2025 and that Red Bull’s takeover of the team has yet to be approved by Austrian antitrust authorities. However, Red Bull is widely expected to buy a 51% stake in the German WorldTour team and bolster team boss Ralph Denk’s purchasing power.
Understandably, the riders’ agents have welcomed Red Bull’s entry into professional cycling, in the hope that their investment can increase the salaries of their riders.
Tadej Pogacar tops the list of the highest-paid people in the peloton
Red Bull’s wings can lead Bora-Hansgrohe to superteam status
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Stephen is the most experienced member of the Cyclingnews team and has been covering professional cycling since 1994. He has been head of news at Cyclingnews since 2022, prior to which he held the position of European editor since 2012 and in the past worked for Reuters, Shift Active. Media. , and CyclingWeekly, among other publications.
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