Confirmed: Ineos completes purchase of Team Sky

Confirmed: Ineos completes purchase of Team Sky

Joe Robinson 19 Mar 2019 Team will change name before Tour de Yorkshire in May Team Sky have confirmed their sale to major British chemical company Ineos with the team set to become known as Team Ineos as of 1st May. It was no secret that Britain's richest man Sir Jim Ratcliffe was in advanced talks over the purchase of the WorldTour team, although it comes as some surprise that Sky will leave its post as main sponsor before the end of the season. In a statement released by the team today, it said 'Sky and 21st Century Fox have agreed the sale of Team Sky to Ineos. Ineos will become the sole owners of Tour Racing Limited (the team’s holding company) from 1 May this year and will continue to fund the current team in full, honouring all existing commitments to riders, staff and partners,' 'The launch of Team ...

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Bernal left in disbelief after winning Paris-Nice

Egan Bernal in the yellow jersey

Team Sky's Egan Bernal took the biggest win of his career so far when he landed the overall classification of Paris-Nice on Sunday, and said that the reality of what he's achieved may take some time to sink in. Bernal's win came in large part thanks to his ability to have finished up at the front of the race in the windy opening couple of stages, thanks to sterling work by teammate Luke Rowe, in particular, who gave him plenty of 'on the job' training, shouting to tell the diminutive climber where he needed to be, while around them their rivals lost their heads and, early on, their chances of winning the race. Bernal then struck the killer blow on stage 7, with its summit finish on the Col de Turini, to take the leader's jersey, having matched Movistar's Nairo Quintana and putting time into his other rivals. "I can't ...

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Bernal wins Paris-Nice, Izagirre takes the finale

Bernal wins Paris-Nice, Izagirre takes the finale

Team Sky's Egan Bernal resisted Nairo Quintana to claim the Paris-Nice title after Astana's Ion Izagirre won the final stage in Nice.

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Paris-Nice highlights: Another Colombian battle - Video

Oro y Paz winner Egan Bernal (Team Sky)

The final stage of Paris-Nice was another exciting one, with the yellow jersey once again on the line as Egan Bernal ( Team Sky ) was forced on the defensive after Nairo Quintana ( Movistar ) went on the attack 50km from the line. Quintana bridged up to the breakaway on the Côte de Peille, the same climb that Alberto Contador launched his final stage attacks in 2016 and 2017, and also where his Movistar teammate Marc Soler attacked to win the race last year. With three teammates in the break, Quintana vs Bernal became a mini team time trial as Sky led the remains of the peloton in the chase behind. For some time, Quintana was in the virtual race lead, until it swung back to Bernal on the Col de Quatre Chemins and stayed there. Quintana had been forced to work alone since the 30km to go mark, ...

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Egan Bernal gives Team Sky its sixth Paris-Nice win in eight years

Pedestrian zone cyclist.JPG

22-year-old Colombian holds off attack from Movistar's Nairo Quintana to win Race to the Sun

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Bernal wins Paris-Nice

The final Paris-Nice podium (L-R) Nairo Quintana, Egan Bernal, Michal Kwiatkowski

Egan Bernal ( Team Sky ) secured overall victory at Paris-Nice after a tense final stage which saw his yellow jersey come under attack by Nairo Quintana (Movistar). Ion Izagirre (Astana) took the stage win in Nice, attacking on the final climb of the day to leave behind the remains of the elite break group led by Quintana. The Spaniard quickly built a stage-winning gap, staying upright on the descent to secure the win, 19 seconds ahead of Oliver Naesen (AG2R La Mondiale) and Wilco Kelderman (Team Sunweb). Quintana, meanwhile, attacked 50km out, echoing similar moves against Team Sky by Alberto Contador in 2016 and 2017. But like the legendary Spaniard, Quintana would fall short. He was the virtual leader at several points, but ended up only taking four seconds on Bernal at the finish. The Movistar man attacked on the Côte de Peille to link up with the remnants ...

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Paris-Nice highlights: A tale of two Colombians - Video

Daniel Martinez (EF Education First-Drapac p/b Cannondale)

The seventh stage of Paris-Nice was a tale of two Colombians as Daniel Martinez ( EF Education First ) claimed the stage win on the Col de Turini and Egan Bernal ( Team Sky ) stepped into the yellow jersey of race leader. The battles for yellow and for the day’s victory were fought separately as a large 39-man breakaway, which included Martinez, escaped up the road over the stage’s early climbs. The peloton kept them at close quarters initially, holding them at around 2:30 for some time, before letting the rope slack. As the stage reached its denouement, the 39 became just four as Martinez went up against Miguel Angel Lopez (Astana), Simon Yates (Mitchelton-Scott) and Nicolas Edet (Cofidis). Each took their turn to try and distance his companions, but it was Martinez’s attack under the flame rouge that did the intended damage. The Colombian took six seconds out ...

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Team Sky's budget could grow under new sponsor

Team Sky in Colombia (via YouTube)

Ineos may do more than just match Sky’s £34m a year

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Paris-Nice: Martinez wins on the Col de Turini

It's Daniel Martínez's (EF Education First) first stage victory for the American team

Daniel Martínez ( EF Education First ) won stage 7 of Paris-Nice, triumphing atop the Col de Turini ahead of his compatriot Miguel Ángel Lopez (Astana). Nicolas Edet (Cofidis) finished third, just edging out Simon Yates (Mitchelton-Scott) after a ding-dong battle on the summit finish. The four were the strongest men from a 38-man breakaway, with the quartet forming after Yates and Lopez went on the early slopes of the climb. At various points, Edet, Lopez, Yates and Martínez were alone out front, with the Astana man looking at one point like he’d be on the way to a solo win before a regrouping three kilometres out. Bang under the flamme rouge it was Martínez who laid it all on the line one final time. Lopez went with him, while Yates didn’t have enough to make it across initially. The Brit looked to be making his way up to the ...

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Geraint Thomas abandons Tirreno-Adriatico

Geraint Thomas (Team Sky) riding stage 2 at Volta a la Comunitat Valenciana

Geraint Thomas abandoned Tirreno-Adriatico after 133km of stage 4 to Fossombrone, with Team Sky explaining that the Welshman had not been feeling 100 per cent due to stomach issues. The Tour de France winner had said he was looking forward to the weekend of hilly racing in Italy when he commented on Team Sky potentially being sponsored by Ineos in 2020 . He seemed relaxed at the start in Foligno, but the stage started fast on the ride to Fossombrone thanks to a tailwind, with an average speed of 45.700km/h for the first two hours of racing. Thomas eased up on a short steep climb in the Le Marche hills, stopped at the side of the road and then climbed into the front seat of a Team Sky race car. Team Sky confirmed that he had been struggling with stomach issues. Team Sky finished fifth in the opening team time ...

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Paris-Nice highlights: Sam Bennett doubles up on stage 6 - Video

Sam Bennett celebrates on the podium

Sam Bennett ( Bora-Hansgrohe ) carried on his early-season run of form with his fourth victory of the season and second this week at Paris-Nice . The Irishman made it into a select group on stage 6 of the Race to the Sun and snatched the win in the small bunch sprint. Bennett edged out Arnaud Demare (Groupama-FDJ) after the Frenchman decided to go for a long sprint effort. Demare pulled out a large gap with his early move and it looked as if he may have done enough to seal the deal, but Bennett had just enough left in the tank to overhaul him and add another win to his 2019 palmares. Matteo Trentin (Mitchelton-Scott) came through for third with John Degenkolb (Trek-Segafredo) in fourth. Only 40 riders made it into the front group after a series of short climbs whittled down the bunch and put several sprinters in ...

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Kiryienka diagnosed with 'cardiac anomaly'

Vasil Kiryienka (Team Sky)

Former UCI time trial world champion Vasil Kiryienka has been diagnosed with a cardiac anomaly and is currently undergoing treatment for the condition, according to a statement released today by Team Sky . The 37-year-old from Belarus has yet to race this season, competing most recently at the world championships in September. Possible reasons for his absence from the Team Sky lineup so far this year had become cause for speculation before Team Sky made today's announcement. In a post on the team's website, Team Sky doctor Iñigo Sarriegui said the anomaly was detected during a yearly screening. “All of our riders have a cardiac screening every year, and in Kiry’s screening we found an anomaly that required further investigation," Sarriegui said. “Following tests, Kiry is currently undergoing treatment and he will remain sidelined until further notice.” The team did not say when Kiryienka is expected to return to the ...

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Geraint Thomas reacts to news of Team Sky becoming Team Ineos

Geraint Thomas (Team Sky) racing the 2019 Tirreno-Adriatico

Geraint Thomas carefully avoided confirming that Team Sky will become Team Ineos in 2020 but seemed confident and pleased that the team will continue under new backing, securing his future as a team leader of the British WorldTour team. Cyclingnews was told by multiple sources on Thursday that the multinational chemical company owned by Britain's richest person, Jim Ratcliffe, will take over from Team Sky for 2020, perhaps even increasing the team's reported current budget of £34 million. Thomas signed a new contract with Team Sky after winning the Tour de France in 2018 and seemed happy that his future is now secured. "If it's true, then yeah, but I don't know, I'm just concentrating on racing," Thomas said after stage 3 of Tirreno-Adriatico , carefully avoiding any confirmation of the news. "You'd hope to think that we'd find something. We are in the best position to; we are one ...

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Report: UK billionaire might save Team Sky

Report: UK billionaire might save Team Sky

Billionaire owner of global chemical company is linked to Team Sky as a potential sponsor to save the team after 2019 season. Read the full article at Report: UK billionaire might save Team Sky on VeloNews.com .

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Campagnolo launches latest Bora WTO wheels

Pete Muir 15 Mar 2019 ‘Wind Tunnel Optimised’ wheels get a versatile 45mm version Campagnolo has welcomed the latest addition to its Bora wheel line-up: the WTO 45. The Bora wheel has been around for decades – indeed, Campagnolo claims it has won more races than any other wheel – but it was only in 2018 that the Italian company introduced the WTO version. WTO stands for ‘Wind-Tunnel Optimised’ and, as the name suggests, it is the most aerodynamically advanced of the Bora wheel options. These won’t be replacing the traditional Boras, so fans of the Bora One and Bora Ultra need not panic. When the first WTO wheels appeared in 2018, there were only two rim depths to choose from. The WTO 77 is a super-deep rimmed wheel that only comes as a front wheel, as it is designed to be paired with a disc wheel at the rear. ...

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Team Sky expected to be saved by Britain's richest person

Team Sky expected to be saved by Britain's richest person

Joe Robinson 15 Mar 2019 Sir Jim Ratcliffe's chemical company Ineos expected to take over Team Sky sponsorship Britain's richest person and keen cyclist Sir Jim Ratcliffe looks set to save Team Sky through his chemical company Ineos, which is expected to take control of the British WorldTour team in 2020. The Daily Mail reported earlier this month that Ratcliffe was in talks with Sir Dave Brailsford about the possibilty of a potential takeover – one of several buyers reported as being interested in purchasing the team. This was seemingly backed up by Team Sky sport director Matteo Tossato who told Spanish newspaper Marca at the UAE Tour that a new sponsor had been secured and would be announced before the Giro d'Italia. The Italian also confirmed that the replacement for Team Sky would be from Europe. This after Brailsford denied that meetings with Colombian president Ivan Duque were in ...

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Team Sky likely to become 'Team Ineos'

Team Sky likely to become 'Team Ineos'

Speculated upon in various sources including yesterday's The Cycling Podcast, Cyclingnews has gone one step further and all but confirmed chemical company Ineos will step in to save Team Sky in 2020.

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Simon Yates: I've been working on my time trial quite a lot

Tim Wellens (Lotto Soudal) and Simon Yates (Mitchelton-Scott) at Ruta del Sol stage 4

Mitchelton-Scott 's Simon Yates scored his first-ever time trial victory on stage 5 of Paris-Nice on Thursday, beating Katusha-Alpecin's Nils Politt and Team Sky's Michal Kwiatkowski, who extended his overall lead at the race. Yates started the day down in 70th place on the GC, almost 20 minutes down on Kwiatkowski. And while the Briton's challenge for the overall is clearly over – in a race he finished second at 12 months ago – his focus remains on May's Giro d'Italia . The time trial win bodes well for the 26-year-old, who will face three individual time trial tests at this year's Giro: an 8.2km opening stage, with a tough uphill finish to the Santuario della Madonna di San Luca, followed on stage 9 by 34.7km effort, which again is mainly all uphill from the halfway mark, and then a final, flatter 15.6km test in Verona, which is also the ...

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Paris-Nice stage 5 highlights - Video

Simon Yates in yellow at Paris-Nice

Simon Yates bid farewell to his Paris-Nice general classification hopes in the crosswinds that blew through the opening stages, but the Mitchelton-Scott rider stormed back on Thursday , taking the 25.5km individual time trial in Barbentane by seven seconds over Nils Politt (Katusha-Alpecin) and by 11 seconds over race leader Michal Kwiatkowski (Team Sky). Yates had a long wait on the hot seat, starting the day more than 18 minutes down halfway through the stage start list. His result held the test of time, however, as rider after rider failed to top his mark. Kwiatkowski's third-place finish extended his general classification lead over teammate Egan Bernal, although the Colombian's sixth-place performance looked dangerous as he was six seconds ahead of the Pole at the first time check. Kwiatkowski bounced back in the end, however, beating Bernal by four seconds and extending his lead. You can read more at Cyclingnews.com

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Team Sky expected to become Team Ineos

Salvatore Puccio drives the Team Sky line at Tirreno-Adriatico

Team Sky is widely expected to become Team Ineos in 2020, with Ineos - a multinational chemical company controlled by Britain’s richest person, Jim Ratcliffe - set to step in and save the British WorldTour team. Ineos has been reported to be in talks with Team Sky in recent weeks, but several sources at Tirreno-Adriatico told Cyclingnews on Thursday that the team’s future has been assured, with Ineos the preferred option rather than a more complex Colombian solution with support from state-controlled oil and gas company Ecopetrol. During the recent UAE Tour, directeur sportif Matteo Tosatto told Spanish newspaper Marca that the team had secured a new sponsor with an announcement expected before the Tour de France or even sooner. He said the sponsor would be European. Team Sky declined to comment for this story when contacted by Cyclingnews . Last year, Ratcliffe and Ineos invested a reported £110 million ...

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