RIP to Colnago (the brand, not Ernesto!)

[Cosmic Kid]

#36572

Sold to a group out of the UAE….they will almost certainly destroy the brand in an attempt to grab marketshare and push the brand down to lower price points…mark my words. https://www.bicycleretailer.com/industry-news/2020/05/04/colnago-sold#.XrGlEqhKiUk

[6ix]

#36573

You mean like Pinarello? Colnago is about to lose all desirability. It’s like seeing a Maserati compact hatch for $25K.

[Orange Crush]

#36574

It really depends on whoever is behind the investment. It could also mean more financial leeway for Colnago to focus on quality products without having to worry about underlying financial bottom line. Time will tell.

Same group that sponsors UAE Emirates team.

[zootracer]

#36575

Colnago are great bikes. Have become outrageously expensive over the years. I eye them all the time. I can buy a complete bike for the price of some of the Colnago frames.

[zootracer]

#36576

Just read that Ernesto recently lost his wife and brother. He is 87 years old. Maybe he just want to retire. Too bad. Love my Master X-light….

[Orange Crush]

#36577

Yes, a lot of life changes and I take it no one ready to take over the reigns.

Like knitting skills, handcrafted frames are bound to disappear over time.

Y’all could still try and get a Groenewegen frame (formerly of Zieleman fame). Dylan may pick up the reigns from his father, grandfather and the generation before that if he can’t bike race anymore.

[eurochien]

#36578

Colnagos have been my dream bikes for a long time, I wish I could afford one, like zoot I eye C60 framesets on a regular basis but they’re just out of my price range.

[zootracer]

#36579

The owner of my LBS (Bicycle Emporium, Auburn, Ca) is a Colnago dealer and personally knows Ernesto Colnago. He said Colnago sold 60% of the company to Chimera LLC. Colnago will maintain control of the company for the next 5 years, then it’s a crap shoot to what happens.

[Orange Crush]

#36580

Dude will be 93 in 5 years.

If he didn’t find a proper successor it would have been a crap shoot one way or the other.

[zootracer]

#36581

Dude will be 93 in 5 years.

I was thinking the same thing.

[Cosmic Kid]

#36570

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