Joined: Nov 2006
Posts: 19,810
Likes: 597
From: NJ, NYC, LI
Bikes: 1940s Fothergill, 1959 Allegro Special, 1963? Claud Butler Olympic Sprint, Lambert 'Clubman', 1974 Fuji "the Ace", 1976 Holdsworth 650b conversion rando bike, 1983 Trek 720 tourer, 1984 Counterpoint Opus II, 1993 Basso Gap, 2010 Downtube 8h, and...
I don't race, and don't know anything about modern bikes (rode a century on a 1954 one yesterday) but I do know it's a good idea to do what my boss tells me to do, buy what he tells me to buy, and so on.
And I submit receipts for it all.
So I'd say, if the boss is buying, then yes, you need a new bike. Otherwise, not so much.