Euskaltel to fold
August 21, 2013, Wednesday
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Print Edition
Print Edition
Spanish cycling team Euskaltel Euskadi says it will shut down after completing the 2013 season because of a lack of funds. The news comes as a huge blow to cycling in Spain with the Vuelta a Espana set to begin on Saturday. The team says its demise is due to an inability to find a second sponsor in addition to telecommunications company Euskaltel following the reduction of funding from the regional government of the Basque Country, where it is based.
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