In 1986, LeMond founded LeMond Bicycles to develop machines for himself that would also be marketed and sold to the public. In 1990, searching for an equipment edge for Team Z at the 1991 Tour de France, LeMond concluded an exclusive licensing agreement between his company and Carbonframes, Inc., to access the latter's advanced composites technology. While LeMond briefly led the 1991 Tour while riding his Carbonframes-produced "Greg LeMond" bicycle, the company faltered, something LeMond blamed on "undercapitalization" and poor management by his father, although Carbonframes and LeMond Cycles "parted amiably two years later." In 1995, LeMond reached a licensing agreement with Trek, according to which the Wisconsin-based company would manufacture and distribute bicycles designed with LeMond that would be sold under the "LeMond Bicycles" brand. LeMond would later claim that going into business with Trek "destroyed" his relationship with his father.