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Red Bull completed the takeover of top German cycling team Bora-hansgrohe on Thursday, just days before the start of the Giro d’Italia. Red Bull insignia, which is seen in various sports ranging from football to Formula One, will only be apparent from the start of the Tour de France on June 29 in Florence. The official name of the team will initially be Red Bull-Bora-hansgrohe and they will still race under a German licence despite the Red Bull energy drink and sports empire being based in Austria. “Our goal is to become the benchmark in terms of sport and finance,” team manager Ralph Denk sai…

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