Team Sky to be renamed Team Ineos as takeover confirmed

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• New team will debut at Tour de Yorkshire in early May
• Dave Brailsford hails ‘hugely exciting new chapter’

Team Sky will be renamed Team Ineos after confirmation that Britain’s richest man, Sir Jim Ratcliffe, has agreed a deal to become the new owner. The launch of Team Ineos will take place at the Tour de Yorkshire which starts in Doncaster on 2 May.

In a statement Sky’s team principal, Dave Brailsford, said: “Today’s announcement is great news for the team, for cycling fans, and for the sport more widely. It ends the uncertainty around the team and the speed with which it has happened represents a huge vote of confidence in our future. In Sir Jim Ratcliffe and Ineos, I know that we have found the right partner whose vision, passion and pioneering spirit can lead us to even greater success on and off the bike. It heralds the start of a hugely exciting new chapter for us all as Team Ineos.”

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Written by Jeremy Whittle and Guardian sport
This news first appeared on https://www.theguardian.com/sport/2019/mar/19/team-sky-ineos-takeover-confirmed-cycling under the title “Team Sky to be renamed Team Ineos as takeover confirmed”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.