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VN ticker: New name for Liv Racing XStra, Mattia Cattaneo extends with DQS

Here's the news making headlines for Tuesday, November 16.

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Mattia Cattaneo extends with DQS through 2023

Italian rider Mattia Cattaneo will stay in Quick-Step colors through 2023.

“I am super happy and proud to continue with the team,” he said. “The Wolfpack is a unique squad in cycling, and it is a pleasure to ride with them and work for the team. I give my support to the leader in the race, and they have been good in giving me my own opportunities.”

Team boss Patrick Lefevere said it’s a “big thing” that the Italian stays with the team.

“He is an incredibly talented yet humble guy, who will work all day for his teammates,” Lefevere said. “We have also seen his individual qualities, with some strong climbing performances, especially at the Tour de France, and that he is improving all the time as a time trial rider. So, on several fronts, we are really looking forward to working with him for two more years.”

Liv Racing becomes Liv Racing XStra for 2022

Women’s WorldTour team Liv Racing will be known as Liv Racing Xstra next season.

The squad of Lotte Kopecky, Ayesha McGowan and Canadian champ Alison Jackson will see Xstra Digital Storage come on board as partner and shareholder in the new year.

“With this new partnership, the Dutch-based cycling team aims to enter the absolute top of women’s cycling,” read a statement on Liv Racing’s website Monday.

Dutch business Xstra specializes in digital storage and operates from offices throughout Europe. The tech company hopes to bring stability to the ever-precarious business of pro cycling.

“Everyone who knows me knows that I have a great passion for cycling. In recent years, I have followed the rapid development of women’s cycling with great interest,” said Xstra CEO John Rasmussen.

“With this partnership, we not only put Xstra positively on the map, but we, as shareholders, together with the team management, also make an attempt to introduce a new financial structure into cycling. By creating broad financial support, we make the business model behind a cycling team healthier and future-proof.”