Cycling: Red Bull to become the majority shareholder (51%) of the German team BORA-hansgrohe

News Tank Football - Paris - News #310910 - Published on 04/01/24 at 08:40
©  D.R.
Anton Palzer, BORA-hansgrohe rider, sponsored by Red Bull - ©  D.R.

The Austrian Federal Competition Authority has been notified of the "indirect acquisition of a controlling interests of 51% in RD pro cycling GmbH & Co KG and RD Beteiligungs GmbH (owner of the professional road cycling team BORA-hansgrohe, UCI WorldTour) by Red Bull," announced the regulatory body on 02/01/2024.

An announcement confirmed the...

©  D.R.
Anton Palzer, BORA-hansgrohe rider, sponsored by Red Bull - ©  D.R.

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