The joint venture between Red Bull and the operating company of Team Manager Ralph Denk is able to be implemented as planned. The Austrian antitrust authority has no objections to the planned partnership with BORA - hansgrohe. Further details will be presented during the season.
Ralph Denk, Team Manager of BORA - hansgrohe: "With today's decision, we have cleared an important hurdle. The foundations of our partnership with Red Bull are now officially in place. This is the green light we've been waiting for to go ahead with the formalities and many specific parts of the collaboration."
"Everyone in cycling knows how important the basics and preparation are for success. So, we are now taking this step with the necessary consideration and resolution. We will present the further details of our partnership in the course of the season."