LONDON (AP) — Britain's richest man has bought the Team Sky cycling team, which will be renamed Team Ineos. Jim Ratcliffe, who is the chairman of chemicals giant Ineos, is reported by the Sunday Times rich list as being worth 21 billion dollars (18.5 million euros). Ineos pledged in a statement on Tuesday to honor all "existing commitments to riders, staff and partners.Read more on NewsOK.com