Ratcliffe’s Ineos signs £85m deal with Netcompany for grand tour cycling team Sport Business Ineos has struck an £87m deal with Netcompany which will see the IT services firm become co-title partner of the Grenadiers grand tour cycling team. The Netcompany Ineos Cycling Team will debut at next week’s Giro d’Italia and see the cycling team – once Team Sky – have a third-party sponsor besides Sir Jim Ratcliffe’s [...]
Israel-Premier Tech cyclist says he’s facing £26m damages claim Sport Business A former Israel-Premier Tech cyclist has said he is facing a damages claim of £26m following the voluntary termination of his grand tour contract. Canada’s Derek Gee was part of the Israel-Premier Tech team until September, when he left the side in a move he described as “nothing more than an exercise” of his “fundamental [...]
Giro d’Italia can give Sir Jim Ratcliffe and Ineos rare sporting victory cycle on! When the peloton departs Venaria Reale in Turin for the first stage of the Giro d’Italia, there’s more than just the pink jersey riding on it for Geraint Thomas and Ineos. Because the chemical company’s founder Sir Jim Ratcliffe has a sporting portfolio which is struggling to produce results. Across sailing, Formula 1, cycling and [...]
