Team Ineos Grenadiers is looking for a second sponsor as it competes with cycling’s “super team”, it was revealed on Friday.
Speaking at a press conference, British WorldTour team chief executive John Allert confirmed they would continue beyond 2025 and that they were working to “engage others” on their “journey” to Increase your budget.
“I can confirm that the team will move into the next (2026-2028 World Tour) cycle,” Allert reportedly said. bike news.
“We are very lucky to have owners who are very passionate about the sport, who are involved in it themselves and get on their bikes. If they don’t want to be in the sport, there are plenty of opportunities for them that’s clear, but they do want to be in the sport sports.”
“To be fair, Ineos don’t want to spend more money,” he continued, hinting that a search for secondary sponsors was underway.
“So it all depends on what happens with this business,” Allert said. “They make it very clear that they want us to be a super team and they know what it takes to be a super team. I won’t give a number, but it’s more than what we’re currently spending.”
“You don’t need to know that much to realize that there’s a reason why we’re trying to bring other people on this journey with us. To create value for other brands, we don’t necessarily feel like we have to, need to, or want to, Act alone.
The latest competition content, interviews, features, reviews and expert buying guides, delivered straight to your inbox!
“I’ve been hearing some crazy rumors over the last few weeks about people buying us or investing in us or whatever.
“We certainly have a commercial strategy and this is an evolution of our strategy. We have appointed an agency and like most other teams we are looking at commercial partnership opportunities.
“It’s a very crowded market. We haven’t signed anyone yet. I don’t know that we’re close to signing anyone.”
Ineos Grenadiers endured a difficult 2024, winning just 14 games and undergoing another management shake-up at the end of the year. They also lost star rider Tom Pidcock with a Q36.5.
“We need to get back to winning bike races, start winning stages. Every race is important,” said Kurt Asle Arvesen, the team’s new chief sporting director.
“It might take us one, two, three or four years to come back and win a Grand Tour, but I believe we will do it.
“There are only three Grand Tours and there are only three championships, so it’s very difficult.”
