Sky cycling new sponsor?

Team Sky will become Team Ineos at the Tour de Yorkshire, it has been confirmed. The British WorldTour outfit will undergo a change of sponsor and name in May, eight months before Sky were due to pull out.Mar 19, 2019
Team Sky are set to announce a new sponsor – owned by Britain’s richest man Sir Jim Ratcliffe. The broadcaster said in December that it would end its decade-long commitment at the end of 2019, during which time Team Sky have won eight Grand Tours. The team will be renamed Team Ineos – after the chemicals giant that billionaire Ratcliffe owns.

What is the Sky cycling team now called?

Ineos Grenadiers (UCI team code: IGD) (formerly Team Sky from 2010–2019, and Team Ineos from 2019–2020) is a British professional cycling team that competes at the UCI WorldTeam level.

Who bought Sky cycling?

Great Britain’s richest man Sir Jim Ratcliffe is set to become the new owner of champion cycling outfit Team Sky, according to a number of reports. Ratcliffe owns petrochemicals company Ineos and is worth £21 billion ($27.7 billion).

Why did Team Sky change to Ineos?

Team Ineos change their name from the Tour de France 2020 to promote their sponsor’s new 4×4. The British WorldTour team has put in an application to the UCI to request a change of name to the Ineos Grenadiers and switch team kits as they look to promote the Ineos Grenadier, which was launched earlier this month.

When did sky become Ineos?

From May 1, INEOS will become the sole owners of the team, who have enjoyed unprecedented success and inspired millions of people to cycle regularly.

Who does ineos sponsor?

The economic effects of the COVID-19 coronavirus pandemic have bubbled up to the highest levels of cycling, with a side venture part-owned by Team Ineos’ main sponsor, Sir Jim Ratcliffe – one of Britain’s wealthiest people – appealing for hundreds of millions of pounds of emergency government loans.

What happened to Team Sky in Tour de France?

Chris Froome and Geraint Thomas have been dropped from Team Ineos’s lineup for this year’s Tour de France in a move that surely signals the end of an era of unprecedented British dominance of cycling’s most famous race. Only one British rider, Luke Rowe, is in the eight-man squad.

Who took over sky?

However, after a bidding war that included the Walt Disney Company (which was, in turn, acquiring most of 21st Century Fox’s assets), US media and telecoms conglomerate Comcast acquired the entirety of Sky in 2018 for £17.28 per share.

Is Team Sky in the 2019 Tour de France?

Chris Froome and Geraint Thomas to lead Team Sky’s tilt at Tour de France. Team Sky are set to go into what could be their final Tour de France with two leaders as the four-times winner, Chris Froome, and defending champion, Geraint Thomas, both confirmed they will target the race in 2019.

What did ineos used to be called?

Name. The name Ineos is derived from INspec Ethylene Oxide Specialities, a previous name of the business.

Why are ineos called grenadiers?

The Grenadier takes its name from a pub in Belgravia, London where, just three years ago, Ineos Chairman Sir Jim Radcliffe conceived the project – and from the beginning, his vision was to build a no-compromise, rugged off-roader whose form followed function.

Who left Team ineos?

Britain’s most successful road cyclist Chris Froome is to leave Team Ineos at the end of the season after they decided not to renew his contract. He will join Israel Start-Up Nation for next season as sole team leader.

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