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Oleg Tinkoff Launched Katuscha Team

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15.07.2008/During a press conference Oleg Tinkov announced that his team will ride under the new name Katusha in the 2009 season. The new team will have the largest budget of all professional cycling teams: 30 million euro. The new team will be sponsored by Rostechnologii, Itera and Gazprom. Gert Steegmans already signed with the new team.

© Team Tinkoff
Stefano Feltrin, Andre Tchmil and Oleg Tinkov. (© Team Tinkoff)

The President of Tinkoff Credit Systems Oleg Tinkov announced today that the team will expand and become one of the top competitive teams in the world thanks to the support from the foundation formed by Gazprom, Itera, and Rostechnologii.

The foundation was created in order to promote Russian cycling and increase the cycling movement in Russia. Andre Tchmil, General Manager and Coordinator of the foundation provided details concerning the establishment of a Russian professional team dedicated to young athletes and children in conjunction with Russian Cycling Federation.

The professional team will be utilized to develop young Russian riders, but will also be international in scope. Stefano Feltrin, the current Tinkoff team General Manager will remain with the team being newly re-named to Katusha. The objective of the Katusha squad is to participate and win races on an international scale; the team will represent the standards of excellence for future generations of Russian cyclists that will develop under this plan.

Apart of the three new sponsors the plan is also backed by Russian prime-minister Vladimir Putin. Katusha will have a budget of 30 million euro, which is about twice as much as Astana, the current team with the largest budget.

Oleg Tinkoff said: "We want to shine on all levels and are willing to go very far to realise this." Tinkoff continued by saying: "We have enough money to sign whoever we want: Cadel Evans, Fabian Cancellara, Tom Boonen..."

Gert Steegmans already signed with the new team, and according to Belgian media reports Silence Lotto sports director Hendrik Redant will join the new team as well.

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