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They still do I believe, provided you have a valid racing license from a European bike sporting federation.
https://www.canyon.com/en/service/sponsoring.html
Well, i've been riding for ages, i'm 17 and only just starting to race crits etc. The Bowman is indeed £650, and (it seems) is geared towards crits. It won't just be a crit bike though, it's going to be for everything.