Red Bull plans to take a 51% majority stake in the Bora-Hansgrohe team, and the German WorldTour has confirmed its aim to create a long-term joint venture.
News of Red Bull’s plan to take over the Bora-Hansgrohe team was revealed on the Cyclingnews forum and then via user X @faustonef, and then the team issued a brief statement.
“Red Bull plans to expand its involvement in road cycling and aspires to partner with Bora-hansgrohe,” he said.
“On the part of the wife of team principal Ralph Denk’s operating company, Red Bull strives to complement the team’s existing portfolio of long-term title sponsors, who will remain important in the long term. The proposed joint venture has been notified to the relevant antitrust authorities. authority.
These are the jerseys of the 2024 Men’s Professional Cycling Team
Bora-Hansgrohe adds light green to keep team kit colourful for 2024
Thank you for reading five articles in the last 30 days*
Register now for access
Enjoy your first month for £1 / $1 / €1
*Read five single articles in each 30-day period, this automatically resets
After the trial, you will be charged £4. 99 $7. 99 $5. 99 per month, cancel at any time. Or sign up for a year for £49 $79 $59
Join now for unlimited access
Try your first month for just £1 / $1 / €1
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.
Nairo Quintana will mark his return from exile at the Vuelta a Colombia
French farmer protests force cancellation of Étoile de Bessèges opener
“I’m too busy to realise it’s the end” – Zdenek Stybar brings him home at the World Championships in Tábor
Cyclingnews is from Future plc, a leading foreign media organization and online publisher. Visit our corporate website.