Cannondale-Drapac's future is uncertain
Aug 27 2017 05:04 am CET

Cannondale-Drapac's future is uncertain

Cannondale-Drapac's existence beyond 2017 is uncertain. The team does not have the economic support to continue after the current season.

Slipstream Sports has notified all riders and staff members about the future of the team after it received bad news about a new sponsor that was supposed to step in in for the upcoming season.

"We remain hopeful that this situation may resolve itself in the next few days and that the team may find new financial backing; however, without this guarantee, we felt an obligation to the individuals who make up our team to notify them of our current situation and give them time to look for their best options," said Cannondale-Drapac in a press release.

Although the current sponsors and partners are committed to the team, the economic future is uncertain and "the numbers simply don't add up".

"We remain steadfastly invested in keeping this team alive," the team explained. "We believe in our team ethos, and we believe in the dedicated, passionate, hard-working and talented group we have assembled. We have several opportunities that we are exploring, and while we remain hopeful, we are not comfortable exposing our staff and riders to the uncertainties of our future – which prompted the team-wide email this morning.

"We've overcome incredible odds for over a decade and can do it again, but we need someone to step forward and fill in that last piece of the puzzle. It would be an incredible bargain, that’s for certain. We are open to any conversations with new financial partners and supporters at this time."
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