HTC press conference today

iainf72
iainf72 Posts: 15,784
edited July 2011 in Pro race
Will Cuddly Bob announce the end of the team?

Or will he have located a new sponsor?

Today is the deadline I think.
Fckin' Quintana … that creep can roll, man.

Comments

  • rick_chasey
    rick_chasey Posts: 75,661
    Starbucks? Oh, wait...
















    :P
    _
  • Gazzaputt
    Gazzaputt Posts: 3,227
    All over.
  • alan_sherman
    alan_sherman Posts: 1,157
    Source?
  • brettjmcc
    brettjmcc Posts: 1,361
    Anyone know/have a link to it? i.e what time etc?
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  • pat1cp
    pat1cp Posts: 766
    Quite amazing that the most successfull team is potentially sponsor-less. Hopefully he'll have another backer lined up.
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  • iainf72
    iainf72 Posts: 15,784
    Inrng just tweeted no press conf today.

    So I guess we'll be waiting for last rites for a bit more.
    Fckin' Quintana … that creep can roll, man.
  • brettjmcc
    brettjmcc Posts: 1,361
    or the new sponsor is not ready to be announced?

    Surely, with the Cav wins and all the TV time they've had with TVG etc people would want to sponsor them?
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  • rick_chasey
    rick_chasey Posts: 75,661
    brettjmcc wrote:
    or the new sponsor is not ready to be announced?

    Surely, with the Cav wins and all the TV time they've had with TVG etc people would want to sponsor them?

    Well Cav is leaving...
    _
  • iainf72
    iainf72 Posts: 15,784
    Rick Chasey wrote:
    brettjmcc wrote:
    or the new sponsor is not ready to be announced?

    Surely, with the Cav wins and all the TV time they've had with TVG etc people would want to sponsor them?

    Well Cav is leaving...

    So is Tony. And TvG. And and and...
    Fckin' Quintana … that creep can roll, man.
  • Gingerflash
    Gingerflash Posts: 239
    I'm surprised that many find it so difficult to understand how the "most successful" team finds it hard to attract sponsors.

    I don't think it's any indicator that proicycling is in any worse shape than usual.

    The most successful teams will also demand the highest fees from sponsors. Due to the team's results, and the stars he has, Bob will want a huge sum from a title sponsor. Potential sponsors might want to get into cycling but aren't prepared to commit the tens of millions he wants. They might think it makes more business sense to be title sponsor to a slightly cheaper team (Movistar) or be a minor sponsor to a big team (Mercedes at Leopard).

    Without Cav and other stars, his overhead will be less, and he can make do with less sponsorship, but the team becomes less attractive to sponsors. HTC may well fold, but I don't thinbk it's a death knell for procycling or anything of the sort. The team might just have bcome too big and expensive for the sort of money people want to put into cycling. Sponsors might well think they'd be better off with football or F1 for that sort of money.
  • thamacdaddy
    thamacdaddy Posts: 590
    Bob has been saying for a few weeks how HTC will be doing what they have always done next year i.e. developing talent. With Cav et al they brought them on from neo pros etc mostly. I guess for sponsors losing big names and investing money in development requires big bucks too but with a higher risk of no return in terms of results. Saying that if they kept riders like Deganklob then I would expect they would bring on a new breed of talent to capture some headlines, whether it's enough to dethrone those leaving (Cav, Goss, Renshaw etc) I am not sure.
  • TheStone
    TheStone Posts: 2,291
    How much would we be talking here? 20m eur?

    Seems a lot of advertising for that kind of money.
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  • iainf72
    iainf72 Posts: 15,784
    I don't know if they've become too expensive. After all, the rumour mill says Bob has been funding a large chunk of it himself. And the team were known for not being the best payers.
    Fckin' Quintana … that creep can roll, man.
  • LeicesterLad
    LeicesterLad Posts: 3,908
    brettjmcc wrote:
    or the new sponsor is not ready to be announced?

    Surely, with the Cav wins and all the TV time they've had with TVG etc people would want to sponsor them?

    But with all the speculation and rumour of Cav, Goss and Renshaw moving on, The Cav wins will mean nothing to a sponser next season, If an offer was on the table, and i was then told oh by the way, theres no Cav next year, i would be unsure whether to hand over millions to a team thats not going to get the same level of publicity as it has previous seasons.
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  • brettjmcc
    brettjmcc Posts: 1,361
    Advertising is not just about the immediate Cav crossing the line, its also about column inches etc where the name gets mentioned; sort of sub-concious advertising.

    I work for a global car company, and its not just about the immediate crossing the line.

    Though, it woul dbe hard to bring a new sponsor with all the replicate alreeady printed for the year IMO...
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  • dougzz
    dougzz Posts: 1,833
    http://www.bbc.co.uk/news/14110600

    Not strictly HTC but worth a couple of minutes to read.
  • thenumber8
    thenumber8 Posts: 68
    Bob will want a huge sum from a title sponsor. Potential sponsors might want to get into cycling but aren't prepared to commit the tens of millions he wants.
    How much would we be talking here? 20m eur?

    Cuddly Bob wanted US$11m to become title sponsor for next season.
  • graeme_s-2
    graeme_s-2 Posts: 3,382
    thenumber8 wrote:
    Cuddly Bob wanted US$11m to become title sponsor for next season.
    Having had a quick look, that could probably get you a year's co-sponsorship on a half-decent F1 team, or for a few more million dollars title sponsorship on a crappy one.

    Not sure how I feel about that in terms of value. Sounds about right? :?:
  • LangerDan
    LangerDan Posts: 6,132
    Graeme_S wrote:
    thenumber8 wrote:
    Cuddly Bob wanted US$11m to become title sponsor for next season.
    Having had a quick look, that could probably get you a year's co-sponsorship on a half-decent F1 team, or for a few more million dollars title sponsorship on a crappy one.

    Not sure how I feel about that in terms of value. Sounds about right? :?:

    TBH, I'd be surprised if you'd get away that lightly in F1. The current average annual cost of a team is nearly $170 million, with the runt of the litter, HRT, still costing over $50 million.
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  • graeme_s-2
    graeme_s-2 Posts: 3,382
    LangerDan wrote:
    TBH, I'd be surprised if you'd get away that lightly in F1. The current average annual cost of a team is nearly $170 million, with the runt of the litter, HRT, still costing over $50 million.

    I was surprised as well. It was from a feature on the BBC website, but it was a few years old (didn't seem to have a date on it)

    http://news.bbc.co.uk/sport1/hi/motorsp ... efault.stm
  • deal
    deal Posts: 857
    Graeme_S wrote:
    LangerDan wrote:
    TBH, I'd be surprised if you'd get away that lightly in F1. The current average annual cost of a team is nearly $170 million, with the runt of the litter, HRT, still costing over $50 million.

    I was surprised as well. It was from a feature on the BBC website, but it was a few years old (didn't seem to have a date on it)

    http://news.bbc.co.uk/sport1/hi/motorsp ... efault.stm

    <meta name="OriginalPublicationDate" content="2008/04/16 10:44:53" />

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