Jumbo-Visma and Ineos in secret plan to shake up pro cycling with venture capitalists

Ineos Grenadiers and Jumbo-Visma lead the Tour de France peloton
Ineos Grenadiers and Jumbo-Visma lead the Tour de France peloton (Image credit: Getty Images)

Five leading WorldTour teams, including Ineos Grenadiers and Jumbo-Visma, are reportedly working on a secret plan to shake up the business model of professional cycling by attracting venture capitalists to the sport as investors and stakeholders.  

The Reuters news agency has reported that “a number of major European cycling teams have been exploring plans to create a new competitive league in a move that could reshape the sport’s landscape and allocate more funding for participants.” 

Stephen Farrand
Head of News

Stephen is one of the most experienced member of the Cyclingnews team, having reported on professional cycling since 1994. He has been Head of News at Cyclingnews since 2022, before which he held the position of European editor since 2012 and previously worked for Reuters, Shift Active Media, and CyclingWeekly, among other publications.

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