Pinarello, Still Negotiating with Team Sky

We wrote yesterday that France's L'Equipe sports newspaper reported that Team Sky will drop Pinarello next season and move over to Specialized bikes.

Luciano Fusar Poli, Managing Director for Pinarello, has responded to the L'Equipe story saying, "We have a three year contract which ends at the end of 2012 so we’re still the sponsor and the bike supplier. Negotiations are going very well and we have a good relationship with the team and we’re hopeful. There’s no problem, so far. Team Sky is the best team in the peloton at the moment, not only for performance but for the image and the way they’re running the team so many of the big companies could be interested. We’ve had a three-year relationship with the team and the British Cycling Federation, and they’ve been three fantastic years. We’ve developed a lot of products with them and we’ve improved our knowledge and given them good products to ride. I think negotiations will be concluded very soon. Legally nothing can be announced soon but we’re negotiating and in a good position."

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