SBD Global/November 7, 2012/Franchises

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  • Tour De France Winner Bradley Wiggins Will Finance Women's Cycling Team

    Great Britain's Olympic track champions Laura Trott, Dani King and Jo Rowsell "have joined a women's road team backed by Tour de France winner Bradley Wiggins," according to BBC.com. The new DTPC (Dream Team Pro Cycling) Honda Team "will receive funding from Wiggins' Wiggo Foundation." A team statement read: "Wiggins' support will further enable the girls to fulfil their potential out on the road" (BBC.com, 11/6). The PA reported that the DTPC Honda Team "will be registered in Britain and led by the Australian Rochelle Gilmore, the Commonwealth Games champion, who is 'presently in deep negotiations [over the naming rights] with a global company based in the U.K.'" In the wake of his Tour triumph and fourth Olympic Gold Medal, Wiggins stated his wish "to support women's cycling" (PA, 11/6).

    GOLD, SO WHAT?: The PA also reported "the gold throne" that Wiggins sat on after winning gold at the Olympics "failed to sell at auction on Tuesday." It was expected to sell for £10,000-£15,000 ($16,000-$24,000). However, the maximal bid was for £9,500 ($15,200), and because "it did not reach the reserve price, the throne was not sold" (PA, 11/6).

    Print | Tags: Franchises, United Kingdom
  • Lotus Team Principal Feels Abu Dhabi Win Should Help Team's Financial Future

    F1 Lotus Team Principal Eric Boullier feels Sunday's first win should help the team's "financial future," according to Ian Parkes of the London INDEPENDENT. There have been suggestions that late Owner Genii Capital, run by Gerard Lopez, "can no longer afford to keep the team afloat" and is looking to sell its stake. Boullier claims those are simply "rumours." But if the team did need a "shot in the arm" to prove its worth to potential investors, then it arrived at the Yas Marina circuit in Abu Dhabi with Kimi Räikkönen's win. It was the team's first "taste of success" since Fernando Alonso triumphed in the '08 Japanese Grand Prix. Boullier said, "We have now shown the world we are serious, that we can deliver, and so it should help with any commercial discussions" (INDEPENDENT, 11/6).

    Print | Tags: Europe, Franchises, Formula One
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