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by Shane Stokes
June 3, 2017
In today’s edition of the CyclingTips Daily News Digest: Van Avermaet wins stage two of Skoda Tour of Luxembourg, Drucker holds race lead; Resurgent Betancur ensures Movistar comes out best on day one of Hammer Series Limburg; Prologue winner Le Bon takes stage one of the Boucles de la Mayenne; Despite quiet season, Froome confident ahead of Dauphiné; Former race winner Talansky spearheads Cannondale-Drapac in Critérium du Dauphiné; Martin the designated leader of Quick Step Floors team at the Critérium du Dauphiné; Cannondale-Drapac team plays down talk title sponsor is leaving; Laws speaks about living, and riding, with cancer; Critérium du Dauphiné set to race Alpe d’Huez from a new direction; Blythe says he was forced to apologise to dangerous driver; Ultracycling legend Mike Hall’s ashes being transported on poignant final journey; Lucy Kennedy awarded twelfth Amy Gillett Cycling Scholarship; Wanda Sport’s Ironman further expands cycling involvement with purchase of Competitor Group Holdings; Video: JLT Condor Pro Cycling Team; Video: onboard graphics from the Hammer Series
Responding to a report on the Spanish website Zikloland stating that the Cannondale company had made a definitely decision not to continue as a main sponsor in 2018, the Cannondale-Drapac team has issued a statement playing down the claims.
“Cannondale is not only a sponsor of the team but also a major owner of Slipstream Sports,” it said. “And while Cannondale wish to continue as a major financial backer, we are actively looking for additional sponsors.
“The team’s budget is extremely limited and has been for several years, forcing cuts in areas such as sport science and aerodynamic testing. In order to provide the proper level of support to our riders, we will continue to search for further backing.”
Zikloland said that Cannondale had recently made a decision to cut back on its spending and, as a result, that team CEO Jonathan Vaughters needed to find alternatives in order to remain at WorldTour level. While the team statement suggests the situation is not as drastic as this, CyclingTips understands that the company prefers to step back from title sponsorship if another is found. Once that is done, it will then become an equipment sponsor.
The company has been under pressure, partially due to slow bike sales in the US market. The team has responded to the search for additional sponsors with some strong recent results. Andrew Talansky ended a two year wait for a WorldTour win when he won the Mount Baldy stage of the Amgen Tour of California. Six days later Pierre Rolland took stage 17 of the Giro d’Italia.