Pinarello's deal with SKY
specialgueststar
Posts: 3,418
Who pays whom and how much ?
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Comments
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http://inrng.com/2015/07/team-sky-budget-finances/
Not broken down to the extent you want but it's part of their £5m performance revenue which comes from Pina/Shimano etc
So Pinarello is the payer, to some proportion of £5m0 -
http://inrng.com/2015/07/team-sky-budget-finances/
Not broken down to the extent you want but it's part of their £5m performance revenue which comes from Pina/Shimano etc
So Pinarello is the payer, to some proportion of £5m
is that the total equipment cost ?? ie goods to the value of over x years0 -
AFAIK, for the majority of equipment suppliers to Pro Tour teams, companies not only provide the equipment, but also pay the team a fee to use it.
For some smaller or individual items, the teams may just purchase it outright to use. But they don't promote the product in these cases.0 -
I'm sure in this situation it's usually a case of we'll give you £5m to use our equipment at no cost to you. A bit like addidas paying ridiculous amounts of money to Man Utd to wear an addidas strip. They get the money but also get all the kit they want for free.[url=http://www.bikeradar.com/forums/viewtopic.php?p=19678779#p19678779]SpecialGuestStar[/url] wrote:http://inrng.com/2015/07/team-sky-budget-finances/
Not broken down to the extent you want but it's part of their £5m performance revenue which comes from Pina/Shimano etc
So Pinarello is the payer, to some proportion of £5m
is that the total equipment cost ?? ie goods to the value of over x years0 -
I'm sure in this situation it's usually a case of we'll give you £5m to use our equipment at no cost to you. A bit like addidas paying ridiculous amounts of money to Man Utd to wear an addidas strip. They get the money but also get all the kit they want for free.[url=http://www.bikeradar.com/forums/viewtopic.php?p=19678779#p19678779]SpecialGuestStar[/url] wrote:http://inrng.com/2015/07/team-sky-budget-finances/
Not broken down to the extent you want but it's part of their £5m performance revenue which comes from Pina/Shimano etc
So Pinarello is the payer, to some proportion of £5m
is that the total equipment cost ?? ie goods to the value of over x years
I remember going on the Old Trafford tour about 20 years ago and they tried to tell me that every players shirt cost them £70. Even at the age of 14 I found that utterly ludicrous."In many ways, my story was that of a raging, Christ-like figure who hauled himself off the cross, looked up at the Romans with blood in his eyes and said 'My turn, sock cookers'"
@gietvangent0 -
I'm sure in this situation it's usually a case of we'll give you £5m to use our equipment at no cost to you. A bit like addidas paying ridiculous amounts of money to Man Utd to wear an addidas strip. They get the money but also get all the kit they want for free.[url=http://www.bikeradar.com/forums/viewtopic.php?p=19678779#p19678779]SpecialGuestStar[/url] wrote:http://inrng.com/2015/07/team-sky-budget-finances/
Not broken down to the extent you want but it's part of their £5m performance revenue which comes from Pina/Shimano etc
So Pinarello is the payer, to some proportion of £5m
is that the total equipment cost ?? ie goods to the value of over x years
Haven't Sky said in the past that they use Ultegra cassette's instead of DA to reduce cost's.0 -
I'm sure in this situation it's usually a case of we'll give you £5m to use our equipment at no cost to you. A bit like addidas paying ridiculous amounts of money to Man Utd to wear an addidas strip. They get the money but also get all the kit they want for free.[url=http://www.bikeradar.com/forums/viewtopic.php?p=19678779#p19678779]SpecialGuestStar[/url] wrote:http://inrng.com/2015/07/team-sky-budget-finances/
Not broken down to the extent you want but it's part of their £5m performance revenue which comes from Pina/Shimano etc
So Pinarello is the payer, to some proportion of £5m
is that the total equipment cost ?? ie goods to the value of over x years
Haven't Sky said in the past that they use Ultegra cassette's instead of DA to reduce cost's.
I would think that they are given an amount to 'spend' with parts suppliers - and they don't just get unlimited amounts of whatever they want. They might use Ultegra for training and DA for racing, etc.0 -
anyone know what Pinarellos annual turnover/profit is ?0
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According to an article written in 2013, 45m Euros turnover on sales of 35,000 frames.[url=http://www.bikeradar.com/forums/viewtopic.php?p=19678969#p19678969]SpecialGuestStar[/url] wrote:anyone know what Pinarellos annual turnover/profit is ?Twitter: @RichN950 -
According to an article written in 2013, 45m Euros turnover on sales of 35,000 frames.[url=http://www.bikeradar.com/forums/viewtopic.php?p=19678969#p19678969]SpecialGuestStar[/url] wrote:anyone know what Pinarellos annual turnover/profit is ?
yes just looked myself - 15 % of revenue on promotion and marketing
wonder how many actually frames they supply a year0 -
[url=http://www.bikeradar.com/forums/viewtopic.php?p=19678987#p19678987]SpecialGuestStar[/url] wrote:
According to an article written in 2013, 45m Euros turnover on sales of 35,000 frames.[url=http://www.bikeradar.com/forums/viewtopic.php?p=19678969#p19678969]SpecialGuestStar[/url] wrote:anyone know what Pinarellos annual turnover/profit is ?
yes just looked myself - 15 % of revenue on promotion and marketing
wonder how many actually frames they supply a year
I don't think Pinarello alone pony up all of that. Some will be from Shimano and others (clothing, jaguar) etc.My bikes
MTB - 1997 Kona Kula
Hybrid - Kona Dew Deluxe
Road - 2011 Ribble Gran Fondo, Omega Matrix Ultegra0 -
I think the bikes are imported by yellow-limited, not sure if they were involved in the negotiations.0
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[url=http://www.bikeradar.com/forums/viewtopic.php?p=19678987#p19678987]SpecialGuestStar[/url] wrote:
According to an article written in 2013, 45m Euros turnover on sales of 35,000 frames.[url=http://www.bikeradar.com/forums/viewtopic.php?p=19678969#p19678969]SpecialGuestStar[/url] wrote:anyone know what Pinarellos annual turnover/profit is ?
yes just looked myself - 15 % of revenue on promotion and marketing
wonder how many actually frames they supply a year
I don't think Pinarello alone pony up all of that. Some will be from Shimano and others (clothing, jaguar) etc.
that's not what was written. Pina's say that approximately 15% of revenue goes on promotion and marketing. That's not all exclusively to Sky (they supply other teams!) and to assume that all £5m of Sky's "technical support income" would come from Pina is bonkers. Jaguar, Rapha, Shimano, Wahoo, Muc Off and many others will cough up a variety of levels of dough + products depending on the level of support/promotion etc.Trail fun - Transition Bandit
Road - Wilier Izoard Centaur/Cube Agree C62 Disc
Allround - Cotic Solaris0 -
I count 11 Tours have been won on their bikes since 1990 - and 7 of the years in that period are null and void...
Pretty impressive record.0 -
I count 11 Tours have been won on their bikes since 1990 - and 7 of the years in that period are null and void...
Pretty impressive record.
If you believe Indurain was on a Pinarello...It's a little like wrestling a gorilla. You don't quit when you're tired. You quit when the gorilla is tired.0 -
I count 11 Tours have been won on their bikes since 1990 - and 7 of the years in that period are null and void...
Pretty impressive record.
If you believe Indurain was on a Pinarello...
He was on a Ribble?0 -
Do Piña make the motors inside the frames as well or is that outsourced to a bizarre Hungarian engineering offshoot?Giant Trance X 2010
Specialized Tricross Sport
My Dad's old racer
Trek Marlin 29er 20120 -
I count 11 Tours have been won on their bikes since 1990 - and 7 of the years in that period are null and void...
Pretty impressive record.
If you believe Indurain was on a Pinarello...
He was on a Ribble?
Pergoretti with a Pinarello badge for most of his victories.It's a little like wrestling a gorilla. You don't quit when you're tired. You quit when the gorilla is tired.0 -
I count 11 Tours have been won on their bikes since 1990 - and 7 of the years in that period are null and void...
Pretty impressive record.
If you believe Indurain was on a Pinarello...
He was on a Ribble?
Pergoretti with a Pinarello badge for most of his victories.
But that was because they couldn"t get good quality knock-offs from the Far East like what Sky do now.
Apparently, Indurain fashioned his famous sword bike from old pinata donkey parts - he called it "Viejo Fiel" in honour of his favourite sporting hero from Scotland...0 -
Re Pinarellos that aren't actually Pinarellos, was a conclusion ever reached on what Cav rode when he was at Sky? I remember a lot of discussion that it might have been a re-badged Venge but can't remember what the conclusion was.0
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[url=http://www.bikeradar.com/forums/viewtopic.php?p=19679434#p19679434]Wallace and Gromit[/url] wrote:Re Pinarellos that aren't actually Pinarellos, was a conclusion ever reached on what Cav rode when he was at Sky? I remember a lot of discussion that it might have been a re-badged Venge but can't remember what the conclusion was.
He was on a dogma 65.1 from what i saw, at least during the tour in 2012. switched back to the venge in 2013 when he moved to OPQS (as was).0 -
[url=http://www.bikeradar.com/forums/viewtopic.php?p=19679434#p19679434]Wallace and Gromit[/url] wrote:Re Pinarellos that aren't actually Pinarellos, was a conclusion ever reached on what Cav rode when he was at Sky? I remember a lot of discussion that it might have been a re-badged Venge but can't remember what the conclusion was.
He was on a dogma 65.1 from what i saw, at least during the tour in 2012. switched back to the venge in 2013 when he moved to OPQS (as was).
He was on a Dogma 2. Leastways I hope he was because that's what I bought from Sky at their end of season sell off.0 -
[url=http://www.bikeradar.com/forums/viewtopic.php?p=19679434#p19679434]Wallace and Gromit[/url] wrote:Re Pinarellos that aren't actually Pinarellos, was a conclusion ever reached on what Cav rode when he was at Sky? I remember a lot of discussion that it might have been a re-badged Venge but can't remember what the conclusion was.
He was on a dogma 65.1 from what i saw, at least during the tour in 2012. switched back to the venge in 2013 when he moved to OPQS (as was).
He was on a Dogma 2. Leastways I hope he was because that's what I bought from Sky at their end of season sell off.
Out of curiosity, when is that sale and where?0 -
They sold them out of their service course via their contact list. I basically had a pal that knew someone there and got to see what they were selling. Bought Cav's bike which has the rainbow stripes in a couple of places and bought Uran's bike a few months later once I realised I shouldn't be riding Cav's piece of history. Yes, I'm a short arse![url=http://www.bikeradar.com/forums/viewtopic.php?p=19679434#p19679434]Wallace and Gromit[/url] wrote:Re Pinarellos that aren't actually Pinarellos, was a conclusion ever reached on what Cav rode when he was at Sky? I remember a lot of discussion that it might have been a re-badged Venge but can't remember what the conclusion was.
He was on a dogma 65.1 from what i saw, at least during the tour in 2012. switched back to the venge in 2013 when he moved to OPQS (as was).
He was on a Dogma 2. Leastways I hope he was because that's what I bought from Sky at their end of season sell off.
Out of curiosity, when is that sale and where?0 -
Any photos of Uran's bike ?0
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http://inrng.com/2015/07/team-sky-budget-finances/
Not broken down to the extent you want but it's part of their £5m performance revenue which comes from Pina/Shimano etc
So Pinarello is the payer, to some proportion of £5m
I'd be interested to find out what physical assets they have that they're depreciating - if they're given all the bikes, kit, team cars etc as part of a sponsorship deal then that doesn't leave much (buildings presumably?). On the other hand if they owned all the bikes, kit and team cars you might expect the depreciation to be much higher.
Do they publish their accounting policies? I am aware this is really boring and unimportant...0 -
It's pretty much just a black dogma 2 with the blue sky paint job and di2. Also has his name and the Columbian flag on the top tube. Also has shim and c50'sAny photos of Uran's bike ?0
