F1 and Cycling – Alonso buys "Euskaltel Euskadi" pro cycling team

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  • F1 and Cycling – Alonso buys "Euskaltel Euskadi" pro cycling team
  • ashfanman
    Member

    Good lad. I’ve always liked Alonso.

    Nice Colnago too…

    clubber
    Member

    I used to like him and I certainly admire his driving but he’s been a bit too mixed up in things I don’t like (McL Spygate, Renaukt crashgate) for me to really like him any more.

    Premier Icon kimbers
    Subscriber

    wow F1 and road cycling

    what a combination 🙄

    clubber
    Member

    Thanks for your contribution…

    Insightful, finely crafted and inspirational words.

    😉

    benslow
    Member

    How much is a proteam these days ….

    clubber
    Member

    They said that Euskaltel were paying 7m EUR a year IIRC.

    hora
    Member

    Interesting, shouldn’t he be 100% focused on his racing career. Weird.

    ashfanman
    Member

    Interesting, shouldn’t he be 100% focused on his racing career. Weird.

    I assume he’ll just be providing the investment, rather than managing the team. Don’t suppose that’s any different to the various investments that wealthy sports stars typically have.

    If he starts turning out as a domestique, that would be a different matter! 🙂

    hora
    Member

    No buying a team isn’t as ‘easy’ as putting 2million into a new development. Especially one with funding, staff, issues etc etc.

    I wonder if hes really that on the boil with the next couple of seasons in F1.

    Tom B
    Member

    Yeah but he ‘may’ be aware of a concept called delegation hora…you know he provides the money and someone else runs it for him. I don’t think that Murdoch has too much input day to day on the running of Team Sky.

    It’s been on the cards for years that he was going to buy a cycling team.

    clubber
    Member

    http://www.autosport.com/news/report.php/id/109609

    Hadn’t expected that. I wonder what they’ll be rebranded as next year then – something orange still or something to reflect Alonso’s region (blue and yellow IIRC).

    zero cool
    Member

    He talked about setting up a Spanish team a few years ago as he’s good friends with Contador and an avid cyclist(as is Mark Webber). I assume something like Sky. I guess he’s finally got around to it and buying an existing team is probably much easier than starting from scratch.
    It’s not like he’s short of money and I guess there’s only so many cars, yachts and women to spend it on.

    I reckon any funding for cycling is a good thing. Although I wish more people funded Women’s cycling teams and events. They may be slower, but their races are equally exciting to watch if not more so.

    It’s not like watching women’s football.

    Tom KP

    ….It’s not like watching women’s football.

    You were going so well up ’til then… 😉

    DrRSwank
    Member

    It’ll ruin the team.

    He’ll have a clause in a contract somewhere saying A: no one in the team can be a faster rider than him and B: he gets the fastest bike.

    bikebouy
    Member

    Doubt he’s stumping all the money, suspect it’ll be the deficit that the regional Govt used to put in plus Euski..

    Can only be a good thing IMO, hope they don’t change the colour Orange nor change bike supplier..

    mogrim
    Member

    Going to be interesting to see what happens with the name and fans: Alonso’s from Asturias, and the team fanbase is the Basque Country…

    hora
    Member

    Tom B. Ones a billionaire, a figurehead with a staffof thousands. The others a millionaire and active sportsman.

    Premier Icon thepurist
    Subscriber

    hora – what exactly do you think all the other F1 drivers do with their cash? Eg. DC owned a hotel in Monaco but I don’t think he used to do a spell on reception between races. Alonso is perfectly capable of investing in something without getting dragged in to day to day activities.

    neilm
    Member

    Given his contacts and connections, never mind his name, I think he should be able to drum up some additional sponsorship.

    The next two weeks of the Vuelta should be good for the team, what with contracts to be renewed and all.

Viewing 19 posts - 1 through 19 (of 19 total)

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