On 16 September 2012, Vinokourov auctioned his Olympic gold-winning Specialized bicycle.
It was sold to the Tak Group Company for $243,000.
The starting price amounted to $50,000.
Vinokourov donated the money from the auction for treatment of five children with serious diseases.

The bicycle brought good luck to me and I can now support the young citizens of Kazakhstan who are having a difficult time by selling this bicycle.
I hope that some of them will become champions, not necessarily in sport, but in their own lives.
They should be strong in spirit and fight to the end!
And this way they will win," Vinokourov said at the closure of the auction.

In the autumn of 2012, Alexander Vinokourov entered L.N. Gumilyov Eurasian National University to work towards a master's degree in Physical Education.

Two months later the Union Cycliste Internationale initiated an investigation of Alexandre Vinokourov and Russia's Alexandr Kolobnev over allegations brought by the Swiss news magazine L'lllustre and Italian newspaper Corriere della Sera.
They accused Vinokourov of cutting a deal with Alexandr Kolobnev in 2010 to aid him in winning Liège–Bastogne–Liège.
 They alleged 150 thousand euros exchanged hands.
The UCI's investigation is still pending.
In August 2014 prosecutors in Liège confirmed that Vinokourov and Kolobnev had been charged with corruption for the alleged deal, with possible penalties including a jail term of between six and 36 months and a fine of between 600 and 300,000 euros.
On 16 September 2012, Vinokourov auctioned his Olympic gold-winning Specialized bicycle. It was sold to the Tak Group Company for $243,000. The starting price amounted to $50,000. Vinokourov donated the money from the auction for treatment of five children with serious diseases.
The bicycle brought good luck to me and I can now support the young citizens of Kazakhstan who are having a difficult time by selling this bicycle. I hope that some of them will become champions, not necessarily in sport, but in their own lives. They should be strong in spirit and fight to the end! And this way they will win," Vinokourov said at the closure of the auction.
In the autumn of 2012, Alexander Vinokourov entered L.N. Gumilyov Eurasian National University to work towards a master's degree in Physical Education.
Two months later the Union Cycliste Internationale initiated an investigation of Alexandre Vinokourov and Russia's Alexandr Kolobnev over allegations brought by the Swiss news magazine L'lllustre and Italian newspaper Corriere della Sera. They accused Vinokourov of cutting a deal with Alexandr Kolobnev in 2010 to aid him in winning Liège–Bastogne–Liège.  They alleged 150 thousand euros exchanged hands. The UCI's investigation is still pending. In August 2014 prosecutors in Liège confirmed that Vinokourov and Kolobnev had been charged with corruption for the alleged deal, with possible penalties including a jail term of between six and 36 months and a fine of between 600 and 300,000 euros.
Alexander Vinokourov