Richard Carapaz looking to set up a Continental team for 2022

BURGOS SPAIN AUGUST 15 Richard Carapaz of Ecuador and Team INEOS Grenadiers winner of Olympic road race prepares for the race prior to the 76th Tour of Spain 2021 Stage 2 a 1667km stage from Caleruega Monasterio de Santo Domingo de Guzmn to Burgos Gamonal lavuelta LaVuelta21 CapitalMundialdelCiclismo on August 15 2021 in Burgos Spain Photo by Stuart FranklinGetty Images
Richard Carapaz is the Olympic champion (Image credit: Getty Images)

Richard Carapaz is looking to set up a cycling team in his native Ecuador, according to reports. 

The Ineos Grenadiers rider is said to be establishing a group of Ecuadorian and Colombian riders to compete as a Continental-level outfit.

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