2023-08-21 12:20:02
The EF Education-TIBCO-SVB women’s cycling team has announced that it will be leaving the World Tour in 2024. A decision made due to financial worries and the loss of sponsors.
It’s over for the EF Education-TIBCO-SVB women’s team. The cycling team has announced that it will retire in 2024.
Executive Director of Training Linda Jackson, explained to CyclingNews that she had not been « able to obtain the necessary sponsorship to retain the World Tour license ». In addition to Tibco, due to the collapse of Silicon Valley Bank, the team lost its two longtime sponsors. The two brands have been supporting the women’s team a lot since 2008. In terms of equipment, it is Cannondale, as with the men’s team, who signed up with the group in 2020.
Faced with the future of the team, Linda Jackson was realistic and honest with her riders. ” I let my riders know early on that they needed to look for other opportunities. My main priority was to help them transition to other teams on the World Tour, instead of dragging out the search for sponsors. »
Veronica Ewers was the only one still under contract with the team until 2025, her teammates were engaged until the end of 2023. The women’s team will end at the end of the year and the workforce. (runners and staff members) will be free to join any team for the 2024 season.
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