Fernando Alonso is set to become the owner of a professional cycling team. On Sunday, the Ferrari driver sent the 'Twittersphere' into a frenzy when he announced that "important news" will shortly be flowing.
Some wondered if he would announce a switch to Red Bull, confirm Kimi Raikkonen as his next teammate, or perhaps reveal his engagement to Russian model girlfriend Dasha. Actually, specialist cycling media outlets on Monday said Alonso, a road cycling and fitness enthusiast, has bought the Spanish world tour team Euskatel-Euskadi.
El Periodico said Alonso and his sponsors will fund a EUR 6 million budget for 2014 for the team, which was set to fold at the end of this year. Euskaltel-Euskadi, from the Basque region, released a statement confirming the agreement with Alonso, adding that more information will be forthcoming. (GMM)
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