Pinarello loses bikes worth €250,000 in two break-ins within 24 hours

Italian bike manufacturer Pinarello, whose bikes are ridden by INEOS Grenadiers, was robbed last week. And not just once. A total of 19 bicycles worth a total of approximately €250,000 were stolen by a group of presumably four masked men within the span of just 20 hours from the Cicli Pinarello signature showroom in Treviso.  

In the early morning hours of November 23, reports by La Tribuna di Treviso noted that a van pulled to the side of the building, with several masked individuals cutting a security fence and forcing open a door to the building. Surveillance cameras captured three individuals wearing hoods and gloves who appeared to take just three minutes to remove 12 bicycles before police arrived.

Later that same day at 11 p.m. local time, the news outlet reported that three more individuals were successful in a second robbery. Possibly the same suspects as before, they cut through the same section of fence, repaired from the early-morning robbery, and forced open the same door. This time they got away with seven of the highest priced items, valued at approximately €14,000 each.

The burglaries took place outside business hours of the showroom, which also serves as administrative offices for the bicycle manufacturer. The models of the bicycles stolen were not disclosed, but were believed to be road bikes.