Adventure

HTC-Highroad Can't Find Sponsor

One of cycling's top teams collapses

Bob Stapelton, owner and director of pro cycling team HTC-Highroad, announced Thursday that he was unable to find appropriate sponsorship and would release HTC's 27 riders from their contracts, effectively killing on of the sport's best teams. Among the riders looking for new squads will be Mark Cavendish, who won five stages and secured the green jersey at last month's Tour de France. Stapelton's three-year contract with the troubled electronics maker HTC is set to expire in late 2011. Rather than rush to maintain the team with a skeleton budget, or merge with another team, Stapelton said he felt compelled to release the riders. “It is in their best interest to go forward with their career options,” he told journalists Thursday.

Read more at Bicycling

Our mission to inspire readers to get outside has never been more critical. In recent years, Outside Online has reported on groundbreaking research linking time in nature to improved mental and physical health, and we’ve kept you informed about the unprecedented threats to America’s public lands. Our rigorous coverage helps spark important debates about wellness and travel and adventure, and it provides readers an accessible gateway to new outdoor passions. Time outside is essential—and we can help you make the most of it. Making a financial contribution to Outside Online only takes a few minutes and will ensure we can continue supplying the trailblazing, informative journalism that readers like you depend on. We hope you’ll support us. Thank you.
Contribute to Outside
Filed To: News
More Adventure