
Ineos Grenadiers are close to agreeing a "multimillion-pound" deal with TotalEnergies, according to a report in The Times on Saturday.
The British WorldTour team, owned by Sir Jim Ratcliffe, have been public about their need for fresh investment, with the squad employing a global sports marketing agency to help. Last month, Ineos Grenadiers' CEO John Allert told Cycling Weekly that the team had held discussions with "literally hundreds of brands".