Cycling and bicycle discussion forums. 
   Click here to join our community Log in to access your Control Panel  

Go Back   > >

"The 33"-Road Bike Racing We set this forum up for our members to discuss their experiences in either pro or amateur racing, whether they are the big races, or even the small backyard races. Don't forget to update all the members with your own race results.

User Tag List

Thread Tools Search this Thread
Old 06-18-01, 04:43 PM   #1
Joe Pozer
Senior Member
Thread Starter
Join Date: Mar 2001
Location: San Francisco, Ca
Posts: 596
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
End of Mercury Team?

This article was posted in Bicycling.Com

LeMond, Mercury Part Ways
By Joe Lindsey

A tersely worded press release from Greg LeMond and his Shadetree Sports company announced the company would terminate its sponsorship agreement with the Mercury pro cycling team, effective June 12. It is unclear at this point whether that means simply a withdrawal of equipment sponsor LeMond Bikes, or if it also means that wireless communications firm Viatel is off the team as well.

Viatel had planned on sponsoring its own Division I team this year when it merged operations with Mercury. Mercury director John Wordin is also being sued by former bike sponsor Fuji for breach of contract.

While UCI rules ensure teams hold a portion of their racer payroll in escrow (ensuring the riders get paid even if the team collapses) it's unclear at this point what the team will do for bicycles, or if they will experience other financial difficulties. The Shadetree press release said the company is looking to "energize an independent team for the next racing season." The company declined all requests for interviews, citing confidentiality clauses.
Joe Pozer is offline   Reply With Quote
Old 06-18-01, 07:31 PM   #2
Just ride.
roadbuzz's Avatar
Join Date: Oct 2000
Location: C-ville, Va
Posts: 3,249
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
I'm guessing there are two problems. 1) Lawyers and the team bike issue, and 2) Greg LeMond is imitating George Steinbrenner, and making it hard for the people actually running the team.
roadbuzz is offline   Reply With Quote
Old 07-03-01, 09:53 AM   #3
Join Date: Apr 2000
Posts: 531
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
LeMond and a bunch of greedy americans stuck their hands here and screwed up many special things. Nothing new. Happens all the time with oportunists.

Fuji had a legal contract and out it went because LeMond and company.

The true blood of the team and the men behind the effort for years also took a back seat because of greedy men. Nothing new, we see many teams in the USA with good financial backing disappear and we wonder why. This is why.

Mr. Wordin and his men need to get back to the original plan, deal with Fuji as they had an agreement and get rid of all the oppornutinis greedy men that tried to make it theirs.

I am not a big fan of the team or some of their decisions but a special thing like this should not be screwed up. Period.
Xavier is offline   Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

All times are GMT -6. The time now is 11:16 AM.

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to and affiliated sites.
  • Ask a Question
    get answers from real people!
Click to start entering your question.