Daily News Digest

by Mark Zalewski

July 1, 2016

In today’s CT Daily News Digest: Americans at the 2016 Tour de France: Who’s racing, and what are their objectives?; Drapac signs five-year deal as co-title sponsor of Cannondale Pro Cycling Team; hansgrohe joins Bora as co-sponsor for 2017; Sagan joining Bora–Hansgrohe in 2017?; Cycling Canada names team for Rio; Numainville left off Canadian Olympic team; Tiffany Cromwell: “It’s not the end of the world if I’m not selected [for Rio]”; Wiggle and Chain Reaction merger approved; USADA, UCI sign information-sharing agreement; Cylance roster for Giro Rosa; Giant-Alpecin unveils special “July Kit” for Tour de France; Cyclist killed by grizzly bear; Bike share cyclist arrested for slapping fire fighter; Pro mountain biker takes Walmart bike down serious trails

Drapac signs five-year deal as co-title sponsor of Cannondale Pro Cycling Team

by Neal Rogers

What was suspected for months, and hinted at with a statement in April, was made official just 48 hours before the start of the 2016 Tour de France — Australian-based Drapac Capital Partners is now a co-title sponsor of the U.S.-based Cannondale Pro Cycling Team managed by Slipstream Sports.

Effective June 30, the team will be known as the Cannondale-Drapac Pro Cycling Team, with Drapac’s signature red hue adorning the team’s signature green jerseys at the Tour. The sponsorship will last through the 2020 season.

To say that the Pro Continental team that owner Michael Drapac founded in 2004 is folding into the Cannondale-Drapac squad would be simplifying a more complicated arrangement, however.

While there will be no Pro Continental squad in 2017, some riders and staff will join the Cannondale WorldTour squad — among them Australian Brendan Canty, seventh at the Tour of Oman earlier this year, whom team manager Jonathan Vaughters described as “WorldTour capable.”

Other riders and staff will be moved into the Australian Continental team Drapac-Pat’s Veg, which in 2017 becomes a joint venture between Drapac and Slipstream Sports that will require its riders to either attend university courses or pursue professional-level certifications or apprenticeships. The team will be structured to provide favorable racing schedules that allow racers to attend classes or pursue professions.

Click through to read more at CyclingTips.

BACK TO TOP
16 NEW ARTICLES