Editing Pinarello (section)

==History==
{{Ill|Giovanni Pinarello|it}} was born in Catena di Villorba, Italy in 1922. He was the eighth of 12 brothers. At the age of 15, Giovanni began making bicycles at the factory of Paglianti. After a successful amateur career he turned professional in 1947, aged 25.<ref>{{cite web|title=History|url=http://www.pinarello.com/eng/about_history.php|publisher=Cicli Pinarello S.p.A|access-date=18 January 2013|archive-url=https://web.archive.org/web/20130226045725/http://www.pinarello.com/eng/about_history.php|archive-date=26 February 2013|url-status=dead|df=dmy-all}}</ref><ref>{{cite web|title=Brief History of Pinarello|url=http://www.bikyle.com/pinarellohistory.htm|publisher=BiKyle|access-date=18 January 2013}}</ref><ref>{{cite web|title=About Pinarello|url=http://www.evanscycles.com/news-and-events/new-arrivals-pinarello-bikes|publisher=Evans Cycles|access-date=18 January 2013|date=1 July 2009|url-status=dead|archive-url=https://archive.today/20130216010808/http://www.evanscycles.com/news-and-events/new-arrivals-pinarello-bikes|archive-date=16 February 2013}}</ref><ref name="teamsky">{{cite web|title=Sponsors|url=http://www.teamsky.com/article/0,27290,17618_5792270,00.html|publisher=Team Sky|access-date=21 October 2011|archive-url=https://web.archive.org/web/20120704165231/http://www.teamsky.com/article/0,27290,17618_5792270,00.html|archive-date=4 July 2012|url-status=dead}}</ref> Pinarello died on 4 September 2014.<ref>{{cite web|url=http://velonews.competitor.com/2014/09/news/giovanni-nani-pinarello-dies-92_344049|title=Giovanni "Nani" Pinarello, founder and innovator, dies at 92 - VeloNews.com|work=VeloNews.com}}</ref>

In December 2016, Pinarello sold a majority stake for a reported €90-million (US$134-million) <ref name="globe&mail">{{cite web |url=https://www.theglobeandmail.com/business/commentary/article-italian-racing-bike-maker-pinarello-becomes-the-anchor-for-an-untried |title=Italian racing-bike maker Pinarello becomes the anchor for an untried business model – a luxury sports empire |last= Reguly |first= Eric |publisher= The Globe and Mail  |date=November 25, 2023  |website=theglobeandmail.com |access-date=November 25, 2023 }}</ref> in equity value to investment management firm [[L Catterton]]<ref name="lcatterton">{{cite web |url=https://www.lcatterton.com/Press.html#!/L_Catterton_Acquires_Pinarello |title=L Catterton Acquires Pinarello
|last= |first= |publisher=L Catterton |date=December 6, 2016 |website=lcatterton.com|access-date=November 25, 2023 }}</ref> with Alantra acting as their advisor. In June 2023, L Catteron sold their stake for an estimated US$175-million to [[Ivan Glasenberg]], the Swiss-South African billionaire and former chief executive officer of [[Glencore]], with [[Houlihan Lokey]] acting as the advisor for the seller.<ref name="prnewswire">{{cite web |url=https://www.prnewswire.com/news-releases/l-catterton-sells-its-stake-in-cicli-pinarello-301867973.html |title=L Catterton Sells its stake in Cicli Pinarello |last= |first= |publisher= Cision PR Newswire |date=June 29, 2023  |website=prnewswire.com|access-date=November 25, 2023 }}</ref>

Originally, all Pinarello frames were steel.  Pinarello used [[Columbus (company)|Columbus tubing]] for most of the 1980s but with tubing by Oria in the lower models in 1989. The first non-Italian tube was [[Tange International Co.|Tange Prestige]] for the US-based Levis Cycling team headed by Michael Fatka and ridden by [[Andrew Hampsten]], Steve Tilford, Roy Knickmann, Thurlow Rogers in the mid-1980s.<ref>GITA Sporting Goods, Pinarello Catalogue 1989</ref> As noted above, the Banesto Line introduced in 1993 exclusively utilized Oria tubing: Oria Cromovan, Oria ML34, and Oria ML25.  Throughout the 1990s until 2004, Pinarello produced frames from conventional steel tubing using lugs, oversize tubing, oversize aluminium with [[Gas tungsten arc welding|TIG welded]] joints, magnesium and frames of carbon fiber and other materials.