Tuesday, March 19, 2013

Radioshack will not continue sponsorship in 2014

Today Radioshack announced it will not continue sponsorship in 2014 of  the ProTour Cycling team. They cite losses of $63 million in their company this year as well as the doping scandals. Previously former sponsor Nissan had pulled out citing doping scandals. Radioshack will continue to sponsor the team through the end of this season. The team may announce a new sponsor for 2014 in as soon as a few weeks. The teams future is a bit uncertain with difficulty getting and retaining sponsors, as well as having an aging team including Jens Voigt and Chris Horner who may retire if this team folds.

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