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by Mark Zalewski
November 4, 2016
In today’s CyclingTips Daily News Digest: Haas on Lachlan Morton: ‘His potential is limitless if he wants it to be’; Armstrong appears in federal court as judge hears arguments; Helen Wyman posts update on medical condition; The Death of the Local Bike Shop?; Bike stolen from cyclist killed in hit-and-run; British Cycling emphasising ‘culture’ in search for performance director; Bjarne Riis becomes partner in Danish team Virtu Pro-Veloconcept; Stan Siejka Classic final race for Tasmanian trio of Goss, Sulzberger brothers; Trek issues recall of select Farley fatbike models; Cyclist crowdfunding South Pole record attempt; Research studies of air pollution affects high-speed cyclists; Researchers test altruism with staged bicycle accident; Strider Bike World Championship.
Former pro and former WorldTour team owner Bjarne Riis is back in the ownership game, as he and business partner Lars Seier Christensen have become owners in the Danish Contiental team Virtu Pro-Veloconcept.
This follows the July announcement that Riis and Christensen would take over the sponsorship of the team, with the overall plan to make it a development team that will eventually become WorldTour in 2018.
Michael Sand, one of the existing owners, will remain as co-owner of the team.
Christensen and Riis are partners in a business venture together. The pair know each other from the Saxo Bank team days which Riis owned and Christensen was a sponsor of. However, Riis was pushed-out of the team after he sold it to Oleg Tinkoff.
At a press conference in Copenhagen on Tuesday, the pair outlined their plans, which also includes enhancing the women’s cycling team, Team BMS Birn, to become the best in the world.
Click through to read more at Reuters.