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View Full Version : Volvo-Cannondale Team is History

pk
August 27th, 2002, 09:56 AM
I just heard about this:

AUGUST 27, 2002 -- BETHEL, CT (BRAIN)--After nine years sponsoring one of the mountain biking's biggest teams, Volvo and Cannondale will no longer sponsor the Volvo/Cannondale Mountain Bike Team for the 2003 season. The companies said they will explore other cycling partnerships in the future.

"It has been a fantastic run," said Scott Montgomery, Cannondale's vice president of marketing. "We have accomplished everything we set out to do and more. Now it's time to move on to other projects and new challenges."

During its nine-year run the Volvo/Cannondale racked up a list of victories including nine World Championships, 14 World Cup overall titles, 85 World Cup victories, two Olympic medals, two Pan Am Games gold medals and numerous national championships.

Cannondale will continue to sponsor the SoBe/Cannondale team in 2003 and is considering other sponsorship opportunities.

"We're committed to supporting the sport," Montgomery said.
Mt.A TODD
August 27th, 2002, 11:37 AM
What a bummer! If they want to save money they should shitcan that stupid motorsports division! I heard they just got a big loan to bail them out of bankruptcy. I love their bikes, but stupid corporate decisions like this will force me to spend my dough on a company that cares about our sport, rather than one that believes excessive burning of fossil fuels!
pk
August 27th, 2002, 12:22 PM
Actually, there are other ways to support cycling than racing. Perhaps there will be a bit more consideration for advocacy. Cannondale has always been a good supporter, but now maybe they can become one of the premier supporters.

They've supported our CT NEMBA trail care series for years and they funded our Northeast Advocacy Conference in '96.

pk
sizlinseagulsoup
August 27th, 2002, 01:39 PM
Maybe they want to put more money in the sobe team, I think they only took 7 new racers last year... that is not many seeing as though they had 750 applicants.
johnnyt
August 27th, 2002, 02:33 PM
It is the end of an era. What about Tinker? Gracia? Looks like some other teams are going to score as a result of this.