Who owns bmc racing

Rihs also took over BMC in and started producing high-quality bikes in Switzerland, which were raced on by the Phonak team. The Phonak sponsorship ended in the autumn of after Floyd Landis was stripped of his Tour de France title for doping, and the Phonak company was rebranded as Sonova the following year.

Their crowning glory was Cadel Evans' victory in the Tour de France, while they also won back-to-back team time trial titles at the World Championships in and Rihs was the chief benefactor of the team and concerns over funding have accompanied the team in the last few years, with Ochowicz currently searching for sponsorship to keep the team afloat in Cyclingnews would like to extend its sincere condolences to Rihs' family, friends, and everyone at BMC Racing.

Sign up to the Cyclingnews Newsletter. You can unsubscribe at any time. For more information about how to do this, and how we hold your data, please see our privacy policy. Group 3 Created with Sketch. Rihs' first involvement in cycling came in when he invested money from his hearing aid company Phonak into building the professional cycling team of the same name.

It was also in that Rihs took control of BMC bikes. Phonak then grew as a team over the next six year with it reaching its pinnacle with victory at the Tour de France with Floyd Landis. However just four days later, the American was stripped of the title after failing a drug test.

His contribution took the squad from a small, third-division U. His hearing aid company backed Team Phonak from until it disbanded at the end of after the Floyd Landis affair. Landis won the Tour de France but had the title stripped when a test showed he used synthetic testosterone. Rihs stayed committed to the sport he loved. BMC bikes has announced the end of its sponsorship, which began 12 years ago, when the outfit set out as a continental team.

After signing Cadel Evans for the season, it raced on a wildcard invitation in the Tour de France where Evans wore the yellow jersey. In , as a WorldTour team , the Australian cyclist led the team to Tour victory. Belgian Greg Van Avermaet carried the red and black colours well in the last few years.

The winner of the Paris-Roubaix and Olympic champion on the road held the Tour's yellow jersey when the team announced the merger in July. Van Avermaet agreed to a three-year deal. The team will race in orange and under the name CCC.