Red Bull is already a very well-known company in the world of sports after its association with Formula 1 and the football teams of Austria and Germany, and now it has decided to enter the world of cycling.
Red Bull acquired the Bora-Hansgrohe cycling team
Red Bull became the majority shareholder on Wednesday after acquiring a 51% stake in the Bora-Hansgrohe cycling team.
The World Tour team, which is based in Germany, was recently able to take on Primož Roglic, this year’s winner of the Tour of Italy, writes Marca.
The announcement of the takeover was made by the Austrian authorities, while the energy drink company has not yet confirmed the details of the deal.
In Formula 1, Red Bull dominates the competition thanks to Dutch driver Max Verstappen, the champion of the last two seasons.
Things are no different in football, FC “Red Bull Salzburg” has won the last ten Austrian championship titles.
Red Bull has acquired a controlling stake in Bora-Hansgrohe ⬇️ https://t.co/DO4GPxmvB1
— GCN Racing (@GcnRacing) January 3, 2024
Source: Hot News
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