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Jimmy: " Why was a new entity created on July 11, when the insolvency didn’t happen till after? Why wasn’t it done in your name? Asking on behalf of honest hard working people." "I was a US employee for the last 3 years, as were many on here asking valid questions. The level of transparency around this topic over the last 6 months from global has been slim to none, outside of preaching “Business as usual” for us here in the states. I went to rampage to support YT’s global athletes, only to come home to the news of us...

after texi's retirement from racing the money has to come from somewhere... so why not from being a YT-shill ?! 🙄 how do people live without a backbone? at least now we know who's the only MOB-rider who got paid 😉

So Markus (CEO of new company) was busy getting the new YT set up in July while Markus (CEO of old company) was busy running a 50% off online flash sale just prior to declaring old YT insolvent in mid-July. Busy man that Markus. The press release containing two pictures of the guy, one of which is in front of a "WE ARE YT" sign is priceless. Are both pictures of new company CEO Markus? Or maybe one is old company CEO Markus? It's really hard to tell.

Oh boy. It will be interesting to see how this goes. I did some digging and I obviously don't speak German nor am I well versed in German bankruptcy proceedings but what appears to have happened is the old YT Industries (HRB 8353) is in an insolvency proceedings with debts parked there and the new YT (12277) is controlled by Flossman and is taking over the brand and operations. This most certainly means the creditors take a (big) haircut, equity (of prior company) is completely wiped (private equity marks the company to 0) and the "new" company is buying assets...

People lose jobs, investors taking a bath, people ordering bikes that never arrive, riders without a team etc the audacity to call people keyboard warriors is wild lmao. YT literally FUCKED OVER countless people but sure, call us keyboard warriors.

Your comment made me think. Will it still be Les Orres sponsoring that team now that Vali is going there? Seen as she has such a tight relationship and sponsorship with her home resort of Saalbach?

this is downhill racing, not downstyle

I am a Tippie fan, but can someone explain to me why he should get a ride over some up and comer? A very few amount of riders from his generation are still sponsored full time, even a much younger Gully works full time for Orbea not as a rider. Love the guy, but in times apparently so tight in the industry, why him and not someone current like the people who we talk about in this thread losing rides?

Their enduro team was done last year but they graciously kept me on board for this year with my contract having another year on it. Sounds obvious of course, but the bike industry isn't always so giving. The DH team took me in and I had a blast all year long, which was the main reason for doing DH at the end of the year. I just wanted to hang out with the team some more, and who wouldn't take the chance to race World Cup DH while they can. As for next year, stay tuned.

From a commenter on PB: “ Everyone needs the hear the facts. Markus flossman is an egotistical freak and scammer. After insolvency there was a handshake deal for YT USA to purchase exclusive brand rights and be independently operated. Truth is Markus couldn’t stand the idea of US branch not being under his control. Continued to shoot over shitty deals, 1 year contracts, and insane royalty payments. We as a staff chose not to sign up for a shitty deal that would ultimately kill us anyways. Everyone thinks private equity killed this brand. That’s wrong. Markus single handedly killed YT...

Maples issue is that you can’t have more than four elite male riders with the new rules. Pierron, vergier, alran twins will be the elite men.

She would qualify to race anyways. She doesn’t need a team for anything but a paycheck

Misspent Summers has a pretty rad 2025 super supporter bundle pack deal going. putting here b/c race fans! https://misspentsummers.com/products/super-supporter-mountain-bike-bund…

Yeah if you can’t honor your contracts you probably should be banned for a period of time. Nobody but yt is to blame for all of their problems. I tend to doubt Marcus will be in the position to relaunch the mob anytime soon anyways. But any league should try to get rid of sponsors who have proven to both been financially irresponsible and act in bad faith towards their riders.

dude, they gave andi kolb a 4 year contract which didn’t even last 10 months!! it’s his first year on YT. and since we now know that YT wasn’t flush with cash for at least the last 2-3 years (thx to some forum members here). it‘s really shady to kinda trick him into signing when they‘ve been standing on weak legs financially for years!