Keep in mind the other side of Specialized's sponsorship, road bikes. They recently signed a deal with QuickStep, who has the last two World Champions, Bettini and Boonen.Um they are a bike company. A multinational. They are in BUSINESS to make money. They aren't some non profit, utopian think tank. Why can't 90% of the bike industry figure this out?
When I said bike industry, I meant MTB industry. Of course you are right. The MTB industry is a joke in general when it comes to numbers. Sponsoring a team in a niche part of a niche sport doesn't really make sense for someone with their clout.Keep in mind the other side of Specialized's sponsorship, road bikes. They recently signed a deal with QuickStep, who has the last two World Champions, Bettini and Boonen.
Sponsoring a top level Euro pro team is an enormous expense. Every rider (usually 25 on a squad) has at least 3 bikes, the top guys 10+. Trucks, buses, warehouses, soigneurs, mechanics, pr people, and the salaries of the best road racers in the world.
But Bettini and Boonen are on the front page of L'Equipe, Gazzetta dello Sport, and every other major sporting newspaper (not cycling publication) outside America. Frankly, even Hill, Jonnier, Kintner, and Prokop do not rate as much publicity as Boonen.
One could argue that the expenditure for Iron Horse has a better return than Specialized's enonmous outlay for Quickstep. But one podium during a Spring Classic or a Tour stage will be better advertising than the 4x team.
Only the market they invested in is paying off for them. Numbers from the oh my god lance won another one are down, but overall, numbers are still way up. This is especially true in north america, where cycling numbers in general, have risen dramatically due to postal/discovery....and now that lance is gone, their sales are plummeting. As for Specialized that team is costing them at least 6 million a year with a minimum of two year commitment. That is twelve million they need to come up with above and beyond what they spend on all their other marketing expendatures. I don't know if they dropped their other pro-tour team or not however I can bet it was not costing them nearly what quick step will. That being said, those huge expenses will suck up any other failing / not popular / no return / little return expenses that they currently have. Every penny counts even for a half a billion dollar company like Specialized.
What they care about is the bottom line.All the numbers aside, for a lot of people they are sending out a signal that they dont care about DH racing with this, wether its justified or not.
Some people care some people dont.
Personally I think they suck balls.
And I totally agree on that. Its their money.What they care about is the bottom line.
not without a major brazillian wax job first.He would beat me int he bathing suit competition too.
It's not bottom line driven all the time.What they care about is the bottom line.
Sure...and the X Games loses money every year in terms of ratings for ESPN. X Games is now just a brand...not a TV money maker.And OLN stopped with that when numbers for MTB shows were through the floor.
yeah but what about mechanics and pit space....you can't just be handed a bike some money and be expected to kill it at WCs all year long wihtout support....look at Kathy Pruitt...that was her deal this year, no mechanic, no support, and she wasnt near where she was last year. and talking to her it is becuase she didnt have the support. especially in a sport like DH you need to have at least a mechanic. also 10k for a year is not going to cover the expenses of flying to europe twice in a year, travel around the US, pay for food, pay for your week of lodging at each event. hell that isnt even likely to cover your lodging along for a season of WCs. so it isnt a cheap endeavour to put someone out on the WC for a yearRunning a race program can be expensive but it doesn;t have to be......sponsor world cup racers with a rack of of bikes and give them 10K-15K flat out and tell them to be on their way. Don;t get involved in managing them and all that nonsense, let them manage themselves......they should be able to get some decent riders.....
You don't get it. Specialized isn't about racing. They are a multinational, and are all about profits.It's not bottom line driven all the time.
Racing on all levels has an element of passion, its just not a business decision.
From a business perspective, it makes sense that they chase the latest trend.Look at where the future lies. It ain't in racing. The kids are into freeriding, hucking, street, and downhill in general, but not so much the racing. Looks like Specialized is going in that direction, which is just fine. If that works for them, cool.
I wonder if they did a cost-benefit analysis on argyle paint jobs and fake tatoos...Specialized is a pretty big company to have not done a cost-benefit analysis on what is and is not going to pay them well.
You don't get it. Specialized isn't about racing. They are a multinational, and are all about profits./QUOTE]
You're right. Specialized isn't about racing. But Cant Climb does get it. It's not always about a business decision. For Specialized it is, but not for everyone.
Look at the Euro Pro Tour and Continental teams. Some of them are sponsored by companies whose owner is doing it out of passion and not just business. Phonak was one example. The old Mapei team was another. Squinzi (sp) from Mapei has said in many interviews that he does it out of his love for the sport, not just returns for his business.
I guess i missed the post about you sitting in the Specialized boardroom meetings.You don't get it. Specialized isn't about racing. They are a multinational, and are all about profits.
Sure, some people there may be into racing etc, but when it comes down to the end of the day, the big wigs are responsible for turning big figures, not for turning in podiums. Specialized is like a revolving door when it comes to being an employer. I work with them fairly frequently on things, and i have NEVER yet dealt with the same project manager twice. It is insane.
The guys who drive the business of bike racing are the ones who can convince sponsors that bike racing is an effective way to spend their advertising dollars.It's not bottom line driven all the time.
Racing on all levels has an element of passion, its just not a business decision.
bingo.....you should see how many coves there are in this town since morland, dewer, billinghurst, kevin and kenny, among many others, started riding them, they're the ripper bike of choice out here now........Either way, that's a ton of money for a small company. Especially versus sponsorsing smaller teams, giving 10 medium fast guys bikes (which is less than 15k at their cost) and saying go to town. The added bonus is those fast but not top 5 guys are usually friends with other guys their speed, or kids around town who actually buy bikes.