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Cycling WeeklyCycling Weekly

Cycling Weekly March 28, 2019

Published by Time Inc. (UK) Ltd Cycling Weekly is the UK's only weekly special interest magazine focusing on the cycling market. It is the best source of breaking international and UK news, race reportage, reliable fitness advice, trustworthy product reviews and inspirational features for British cyclists. Always a great read, Cycling Weekly inspires you to ride your bike more!

Country:
United Kingdom
Language:
English
Publisher:
TI-Media
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52 Issues

IN THIS ISSUE

access_time1 min.
start line 28.03

There’s a little bit of the ‘out of the frying pan, into the fire’ about Sir Dave Brailsford’s new sponsorship deal. If you’ve missed the news, he has secured backing from Ineos, a petrochemical company owned by the UK’s richest man and keen cyclist, Jim Ratcliffe. And his budget just went up too. So while Brailsford just lost cycling’s richest sponsor, he’s replaced it with an even bigger one. No mean feat. But the team has jumped into the fire because they’ve moved on from Britain’s Bond baddie #1 Rupert Murdoch, to the man who, now he’s on our radar, seems to be portrayed as Britain’s Bond baddie #2. Ineos is a big carbon emitter, plastic producer and fracker. Add to that mix Ratcliffe is currently trying to circumvent EU climate…

access_time6 min.
four more weeks of team sky as ineos steps in

Team Sky will continue to be a British-centric squad after chemical company Ineos, owned by Britain’s richest man Jim Ratcliffe, announced it would step in to back the team last week. It will now spend just four more weeks of racing as Team Sky before becoming Team Ineos at the Tour de Yorkshire in May, when only in December last year the future had appeared highly uncertain. CW understands that Dave Brailsford had always committed to resolve the issue of the team’s future by the Giro and that he had been keen to keep the team’s British identity — though a possible deal with Colombian backers was reported, this was never a preferred option. Perhaps unsurprisingly given the squad’s lightning rod-like capability to attract criticism, some observers have lamented the squad’s continuation…

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who is jim ratcliffe?

Described by Money Week as “Britain’s most private billionaire”, Jim Ratcliffe has amassed most of his £21bn fortune, which saw him top the Sunday Times rich list last year, in the last 20 years. After having spent the first three years of his life on a council estate in Failsworth, near Manchester, his family moved to Yorkshire where he grew up playing football. He went on to study chemical engineering and worked for petro-giant Esso before spending much of his early career at fabric and chemicals manufacturer Courtaulds. He moved to venture capital house Advent International, where he did a succession of deals while keeping an eye out for one to make his own. In 1992 he bought specialist chemicals company Inspec for £40m and later floated it on the stock…

access_time1 min.
what is ineos?

The petro-chemical company manufactures a vast array of products from food packaging to furniture. Jim Ratcliffe has the majority shareholding of 60 per cent, while his fellow directors Andy Currie and John Reece each have a stake of 20 per cent. In 2018, the company reported revenue of €16.1bn (£14bn) and a pre-tax profit from continuing operations of €1.5bn (£1.3bn). While its portfolio is vast, the company has most recently been in the headlines for its fracking activities. It has been embroiled in a legal dispute with the National Trust over its refusal to let it explore fracking opportunities in Sherwood Forest. Last year the company lost a legal challenge to Scottish government plans to withdraw support for fracking. Even before that, the company has been no stranger to controversy, first moving to Switzerland…

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keeping british cycling on track

There is a dream for people living in the Highlands and islands of Scotland to have a velodrome. In line with that dream, HiVelo, a charity that aims to support the growth of cycling in the north of Scotland, are trying to coordinate various different funding sources to build a high-performance sporting hub (including a 200m velodrome) in Inverness, and make it a reality. It would be the UK’s seventh indoor velodrome (if you’re totting them up on your fingers right now and you’re missing one, it’s Calshot, you’ve forgotten Calshot) and a chance for Scottish Highlanders to share in the glory of the rest of the UK when it comes to track cycling. Discussing the impact of facilities on local talent is a topic I love. Spoiler: the impact is…

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more to come from san remo champ alaphilippe

Man of the moment Julian Alaphilippe (Deceuninck-Quick Step) pledged there is “more to come” from him as he celebrated the biggest victory of his career on Saturday at Milan-San Remo. The 26-year-old Frenchman has won every race he has started in 2019, including a surprise victory in a bunch sprint at Tirreno-Adriatico, just days before Saturday’s victory on Italy’s Mediterranean coast. “I’ve got my special style in different races,” he said. “I like that. I’ve won some good races but never won a Monument. It’s a huge personal satisfaction. This is a huge moment in my career.” At Milan-San Remo he attacked before the top of the Poggio and was joined by others, including Alejandro Valverde (Movistar) and Peter Sagan (Bora-Hansgrohe), before riding tactically in the six kilometres to San Remo. “I’ve still got…

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