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Fernando Alonso says plans to start cycling team ‘going well’ (AP)

Formula One driver Fernando Alonso says his plan to start a cycling team is ”going well” after meeting with president .

Alonso announced in September he would to create his own team to race in 2015 after plans fell through to buy the now-defunct .

Alonso tells Europa Press agency ”there is still a year to go, but things are going well. I am pleased with the steps that have been taken.”

The Ferrari driver spoke with Cookson, who was in the Spanish capital to award the trophy for the World Tour’s best cyclist of 2013.


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