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  1. #1
    Senior Member CanadianBiker32's Avatar
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    Profits in Running a Cycling Team

    Are there money to be made in running and owning a cycling team?

  2. #2
    rebmeM roineS JanMM's Avatar
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    I've never made any money at it................
    RANS V3 (steel), RANS V-Rex, RANS Screamer

  3. #3
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    I know a guy that ended up with 100K owning a cycling team....................he started with 250K.

  4. #4
    Long Distance Cyclist Machka's Avatar
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    Which one are you thinking of buying?

  5. #5
    Senior Member
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    there may be profits to be made by improving advertising and race organization models, but cycling teams are just there for their jersey and bike to be seen, i think.

  6. #6
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    If you look at cycling teams as a marketing scheme, then it makes sense if you can field one, get sponors, and be successful in big races (Giro, TdF, Vuelta, etc). Its supposed to be a great marketing tool in Europe with good returns for the sponsors, but only break-even (if not a loss) in North America.
    Are we having fun yet?

  7. #7
    coprolite fietsbob's Avatar
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    ... do better buying favors from your MP.

  8. #8
    Senior Member
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    Quote Originally Posted by MacNasty View Post
    I know a guy that ended up with 100K owning a cycling team....................he started with 250K.
    Like the stock market: The best way to make a small fortune is to start with a large fortune.

  9. #9
    Senior Member
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    Possibly, at the GT Pro level, otherwise only for the vendors involved.

    Team income comes from advertizing. Good ad revenue depends on having a winning team, but those riders cost more. If you do cobble together a good team, ad revenue can pay all the expenses, leaving you an income comparable to what a management fee would be. In many cases, the teams paid staff, especially the saleried general manager make more than the owner.

    If you want to make money with a pro team, be a high salaried employee, not an owner.
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  10. #10
    7-speed doomsday prepper ThermionicScott's Avatar
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    Quote Originally Posted by CanadianBiker32 View Post
    Are there money to be made in running and owning a cycling team?
    Riding a bike isn't working out for you?
    Last edited by ThermionicScott; 08-04-14 at 10:58 AM.
    Quote Originally Posted by chandltp View Post
    There's no such thing as too far.. just lack of time
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