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QuickStep trio for Le Samyn; Swiss Side launches new tech: Daily News Digest

by Shane Stokes

February 27, 2018

Gilbert, Terpstra and Stybar combining for Le Samyn success; Astana says it’s ‘calm and confident’ as budget woes drag on; INRNG assesses the Astana difficulties; Swiss Side updates its wheel range for 2018 with help from DT Swiss; Swiss Side strives to bring real-world aerodynamic measurements to all riders; Video: Kwiatkowski braves the elements

INRNG assesses the Astana difficulties

by CyclingTips

Cautiously optimistic press release aside, IRNG has delved into the Astana budget issue and asked some important questions.

Here’s an excerpt:

Why is the money drying up? It’s not clear. Teams must to prove funding as a fundamental condition of their licence: rule 2.15.069 bis says the UCI’s auditors must review “essential documents” including “the sponsorship contracts duly signed with the main partners”. So in order to get their licence for 2018 the Astana team will satisfied the UCI auditors and the Licence Commission. This suggests the contract was in place but the cash hasn’t shown up. If true enforcing the contract isn’t easy, to launch legal action against your sponsors is to start sawing the branch you’re sitting on.

Astana is a Kazakh team by branding but legally it’s a business run out of Luxembourg called Abacanto SA. The legal status matters because if Abacanto can’t meet its financial commitments it can be declared bankrupt and riders and others can file these charges more easily in Luxembourg than Kazakhstan.

Click through to read the full post here.

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