With the budgets of professional cycling teams escalating rapidly even very successful teams have had a difficult time securing sponsorship. Belgian powerhouse Quick-Step, the team of classics super star Tom Boonen, can now be crossed off this list.
Belgian paper, Het Nieuwsblad, is reporting a Czech billionaire, Zdenek Bakala, has bought a controlling stake in the management company that owns the team and is run by Patrick Lefevere.
The infusion of cash will keep the team stocked with talent through 2013.
“We have worked hard in recent months to conclude thisagreement. We are very happy,” said Patrick Lefevere. “This agreement assures our future after 2011. We can now focus on next season and building a team for the foreseeable future. Our goal is to win prestigious races as always. “
Bakala, a graduate of University in the United States and owner of investment and coal and iron ore resource in the Czech Republic said,”Quick-Step has proven one of the most successful cycling teams. It has great riders, a professional management and technical staff. I am happy to be a part of this.
Quick-Step will continue as title sponsor and the supporting sponsors have also continued their involvement.
Czech World Cyclo Cross Champion, Zdenek Stybar, is rumored to be leaving Tele-Fidea for a berth with the new Czech funded Quick-Step and a new focus on road racing.