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@Regal
Bavarian? Not really. It's in an italic (as in Italian/Latin) cursive pen style rather than a Germanic blackletter style:
The red type on the left is considerably more German, being DIN (Deutsche Industrie Norm, the typeface used on German road signs etc.).
I personally have no problem with it as a logo, by the way (apart from finding it ugly), the point I was making is that it's an illustration of how much we expect a slick, technical-looking logo on stuff. Especially bike kit.