Tagesarchiv: 15. Januar 2009

Spendy


Bespoke Ultra Parlee Z1 Superbike
$32,000. OR Y2,850,000 at today’s rate.
What’s so special about a $30,000 bike?
Hahaha.. madness.

Hinterlasse einen Kommentar

Eingeordnet unter Uncategorized

SRAM – Lehman Brothers


(Click for larger image)

Chicago-based bicycle component maker SRAM and Lehman Brothers Merchant Banking (LBMB) have completed their strategic investment transaction, giving LBMB a 40 percent stake in the company for a reported US$200 million.

„Getting to the finish line, given the current state of the financial markets, is a reflection of LBMB’s role as one of the leading private equity organizations in the middle market and our strong SRAM management team,“ said Stan Day, chief executive of SRAM.

As a result of the transaction, LBMB managing directors Charlie Moore and Bill Lovejoy will join the SRAM Board of Directors. The SRAM management team remains intact.

„All of us at LBMB are thrilled to be closing our investment in SRAM,“ Moore said. „The company is a leader in its industry with tremendous momentum and a bright future. We look forward to working with SRAM’s management team to build the business and realize its full potential in the years to come.“

Prior to the completion of the transaction, seven-time Tour de France winner Lance Armstrong confirmed his return to the sport of bike racing with the SRAM-supported Team Astana. Additionally, Armstrong has made a meaningful passive investment alongside LBMB to further strengthen his ties with SRAM, said to be in the millions of dollars.

Armstrong’s use of SRAM components will become a part of the SRAM overall marketing program. He will also serve as a technical advisor for SRAM’s product development teams alongside many of SRAM’s other established professional riders.

„The entire organization welcomes Lance to the SRAM team,“ Day added. „We are looking forward to his input and doing everything we can to support his return to racing.“

Headquartered in Chicago, with product development and manufacturing facilities in California, Colorado, Indiana, Taiwan, China, Germany and Portugal, SRAM produces a full line of high performance bicycle components for original equipment manufacturers and independent bike dealers. SRAM markets its products under the SRAM, RockShox, Avid, Truvativ, and Zipp brand names. In business since 1987, SRAM expects 2008 revenues to approach US$500 million.

An article from cycling news, dated Oct. 8th, 2008. The Holding filed for chapter 11 on Sept 15th.

Hinterlasse einen Kommentar

Eingeordnet unter Uncategorized

Tommy Godwin

I found this article at the TCC website and thought that it may give a hint for some challenging goals in 2009 for Tom. Unfortunately we have already January 15th, so better to hurry up, 5.000km already lost.

Tommy Godwin

Imagine cycling three times around the world in a single year. Imagine getting up at 3am and spending every day in the saddle for eighteen hours covering over two hundred miles. Imagine riding from Lands End to John O’Groats and back every week, whatever the weather for nearly a year and a half without a break. Imagine riding this upon a heavy steel bike with only four gears, having to pick yourself up after injury, crashes or mechanical failures and then ride even further the next day.

In 1939, Tommy Godwin turned this into reality and entered the golden book of cycling as the greatest long distance rider in the world. He rode 75,065 miles in a single year to set an endurance riding record that will never be beaten.

Tommy Godwin, was born in 1912. To help support his family, he took the position of delivery boy for a greengrocer’s shop. With the job came a heavy iron bike, complete with metal basket. Tommy loved that bike and rode it like a demon on his daily round. The basket was hacked off and at the tender age of fourteen Tommy entered his first twenty-five mile time trial. He flew round in 65 minutes winning the race and setting a standard that would define the rest of his cycling career.

Tommy grew quickly as a cyclist and was soon spotted. He left his amateur status at Potteries CC to join Rickmansworth Cycling Club as a professional rider. After more than two hundred road and time trial wins Tommy sought a new challenge and the year mileage record beckoned.

In 1937 the Australian Ossie Nicholson had regained his year record from Briton Walter Greaves by covering a verified annual mileage of 62,657.6 miles. At 5am on January 1st 1939 Tommy set out to bring the record back home. He wasn’t alone in his attempt; two other British riders started that day, Edward Swann and Bernard Bennett. Swann crashed out after 939.6 miles, but Bennett fought it out with Tommy for the rest of the year.

The details that surround Tommy Godwin’s record belittle the modern cyclist. His bike weighed well over 30lb. As war came he rode through blackouts, his lights taped to the merest of glows. He had none of the modern cycling comforts. Silk knickers were substituted for chamois inserts and Tommy maintained his strict vegetarian diet throughout. For the first two months Tommy’s mileage lagged 922 miles behind Nicholson’s record-breaking schedule. Fighting back Tommy increased his daily average beyond 200 miles per day, and on Wednesday June 21st 1939 he completed a staggering 361 miles in eighteen hours, his longest ride of the record.

On October 26th 1939, Tommy rode into Trafalgar Square, having completed 62,658 miles, gaining the record with two months to spare. That wasn’t enough. He rode on through the winter to complete an astounding 75,065 miles in the year. Still that was not enough; in May 1940 after five hundred days of riding he secured the 100,000 mile record as well. Tommy dismounted his bike and spent weeks learning how to walk again before going off to war.

Tommy returned in 1945, keen to race again as an amateur. However, despite a huge petition signed by hundreds of fellow cyclists, the cycling governing bodies ruled that having ridden as a professional he was forever barred from amateur status, Undeterred, Tommy focused his efforts on others. He became team trainer and mentor to the Stone Wheelers, instilling his own steely brand of enthusiasm and determination to riders old and young alike.

Tommy died aged 63, returning from a ride to Tutbury Castle with friends. Recently a civic reception at Fenton Manor Sports Centre unveiled a plaque in his memory. Generations recount tales of the tough, dedicated cyclist whose generosity knew no bounds. Tommy had a fantastic story, yet his modesty prevailed. He had neither the time nor inclination to tell it himself. Tommy’s record is staggering, he deserves to be known and remembered as possibly the greatest endurance rider the world has seen. Any individual that has thrown leg over bike will understand that 75,065 miles in a year is simply unrepeatable. The Guinness Book of Records having deemed a repeat too dangerous. His record will stand in perpetuity

(C) CTC Cycle Magazine – This article was written by Dave Barter for the June 2005 issue of „Cycle“

2 Kommentare

Eingeordnet unter 2009, Tom

Sun18th

How about Ebisu 7:00am, Kaminoge 7:25am, Sekidobashi 8:10am for a ride to Takao and loop back? My aim for 120km (ish) and back (in central Tokyo) by 1pm if not before. Fast-ish, flat-ish, no sledging.

6 Kommentare

Eingeordnet unter Uncategorized