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We have been supplied with a specialised tarmac expert, as stock, An Evade and S works shoes. Loads of the team have gone balls out and upgraded this to DA, stuck Lightweight/Enve wheels and finishing kit on, at their own expense.
Bikes are all insured, so yeah i guess they'd be replaced if smashed up.
Personally i'll be clipping in.
Shameless plug but Leisure lakes bikes have been amazing throughout, i guess it's like most of the guys funding a pro team, just at a far lower level, you're a hobbyist who likes racing, and hence go some way to funding it happening. The exposure that gains you is probably secondary.
I wasn't there that night, not to say that my jeans do fit well.