Riis begins new journey with Continental team

Bjarne Riis returns to cycling Wednesday at the Tour of Denmark with his Team Virtu Pro-Veloconcept team. The squad had previously been registered as Team Trefor but was taken over by Riis and his business partner, Lars Seier, the former CEO of Saxo Bank. Riis left cycling in 2015 when he was dismissed from his role as the general manager of Team Tinkoff, by owner Oleg Tinkov. Since...
Via Cycling News
9 days ago  |  Discuss

Riis returns with team, Dumoulin goes home - Tour de France shorts

Riis to take over Danish Continental team Bjarne Riis has taken his first steps in returning to cycling with the former Tour de France winner and Lars Seier, former CEO of Saxo Bank, taking over the Danish Continental Team Trefor. It is now known as Team Virtu Pro-Veloconcept, and "will act as a development team to a future 'WorldTour' (team) performing at the world’s highest...
Via Cycling News
12 days ago  |  Discuss

Tinkov denies dealing with Riis to sell back WorldTour team

Ekstra Bladet reports today that Bjarne Riis has offered to buy back the WorldTour team he sold to Oleg Tinkov in 2013, but the report was swiftly countered by the Russian oligarch. The Danish magazine cites several sources close to the team and Riis that a deal is in the works, but Tinkov himself responded to the news to Cyclingnews. "I don't know what crazy Danish journalists...
Via Cycling News
October 07, 2015  |  Discuss

Report: MTN-Qhubeka and Trek turn down Riis’ sponsorship offer

Danish newspaper BT has reported that the MTN-Qhubeka and Trek Factory Racing team have both turned down an offer of sponsorship and management involvement from Bjarne Riis and Saxo Bank for 2016. The Danish newspaper claims that Riis is actively working to make a return to professional cycling in 2016 after leaving the Tinkoff-Saxo bank team following a falling out with owner Oleg...
Via Cycling News
August 18, 2015  |  Discuss

Riis agrees with report about drugs on cycling team

COPENHAGEN, Denmark (AP) Former manager Bjarne Riis said Friday he agrees with a report by Denmark's anti-doping agency that concluded he deliberately ignored drug-taking by riders on the former Team CSC. ''The bottom line unfortunately is that the conclusion of the reports is correct. There is no doubt about that. I have not lived up to my responsibility,'' Riis said in a statement...
Via Associated Press
June 26, 2015  |  Discuss

Anti-doping report: Riis knew about drugs on cycling team

COPENHAGEN, Denmark (AP) A report by Denmark's anti-doping agency says Bjarne Riis chose to ignore drug-taking by riders on the former Team CSC. Michael Ask, head of Anti-Doping Denmark, says Riis ''failed to intervene,'' and ''it is totally unacceptable.'' The 97-page report published on Tuesday was based on 50 interviews with present and former riders, aides, and officials, including...
Via Associated Press
June 23, 2015  |  Discuss

Tinkoff-Saxo ends Bjarne Riis contract

COPENHAGEN, Denmark (AP) Team Tinkoff-Saxo has terminated the contract of manager Bjarne Riis with immediate effect. The Russian-owned cycling team, which is based in Denmark, issued a statement Sunday saying it has ''reached a mutual agreement'' with Riis. Tinkoff-Saxo said it will unveil early next week the new sporting structure of the team that Riis created after ending his...
Via Associated Press
March 29, 2015  |  Discuss

Riis sells cycling team to Russian businessman

The cycling team with two-time Tour de France champion Alberto Contador on the roster has been bought by Russian businessman Oleg Tinkov. It will be known as Tinkoff-Saxo for the next three years. Tinkov's purchase of Riis Cycling was confirmed Monday at a news conference in London. Bjarne Riis will stay on as general manager of the team, with Danish investment specialist Saxo...
Via Associated Press
December 02, 2013  |  Discuss

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