Fernando Alonso's cycling team taking shape

Formula One driver Fernando Alonso's team takes leap forward as deal with sport investment managers is signed

Fernando Alonso on stage eighteen of the 2014 Giro d'Italia

(Image credit: Watson)

Formula One driver Fernando Alonso is slowly entering cycling, confirming yesterday a new partnership deal with sport investment managers, NOVO.

"I'm thrilled to be part of this new venture," said the Ferrari driver and two-time World Champion in a NOVO Group Holdings press release. "I get to indulge my passion for cycling and obsession with technology and design with like-minded people. We see a window of opportunity and plan to kick it wide open!"

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