Seemingly lost in the furor surrounding TUEs, Bradley Wiggins and the upcoming World Championships is the fact that ownership of the Giro d’Italia changed hands earlier this month. Italian businessman Urbano Cairo, a protégé of former Prime Minister Silvio Berlusconi and a magazine publisher, gained control of the parent RCS Mediagroup in a deal that just closed a few days ago. The Financial Times reported that Cairo’s takeover is “seen as an uprooting of the vestiges of Milan’s old establishment …. who prized seats in RCS Mediagroup’s boardroom above all for its political and social influence.” Mr. Cairo also told the newspaper that he intended to slash costs in the new organization. All of this could be a big deal for professional cycling. One of the assets hidden somewhere down in the RCS Media Group is the Giro d’Italia – the world’s second largest Grand Tour and itself an iconic...