Cycling team’s future in doubt 12/07/2010 |
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The future of the Spanish cycling team that discovered Tour de France champions Miguel Indurain and Pedro Delgado is in jeopardy because of a lack of sponsors.
"We have leads but nothing's been signed – it's hard," Caisse d'Epargne team manager Francis Lafargue told Reuters.
French bank Caisse d'Epargne has been the squad's sponsor since 2006 but it announced it would not renew its support next season and team director Eusebio Unzue has been looking for a replacement without success.
"What with cycling's degraded image because of doping and the financial crisis, it's getting more and more difficult,” Lafargue added. “The future is very uncertain."
The team has been in cycling for 30 years, starting in 1980 as Reynolds, before becoming Banesto, Iles Baleares and Caisse d'Epargne.
It won the Tour with Indurain five times between 1991 and 1995 and with Delgado in 1988.
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