GEROLSTEINER DECIDES NOT TO RENEW SPONSORSHIP POST 2008

German mineral water producer Gerolsteiner, announced yesterday that they would not be renewing their sponsorship of the cycling team of the same name after 2008.

The current sponsorship deal was always set to end after next season and the decision leaves team boss Hans Michael Holczer looking for a new sponsor.

The German company, that is owned by Nestlé, was primarily focused on the German market, and that proved another headache for Holczer, running a team in an increasingly international sport. ?The main problem with Gerolsteiner [was that] 30 percent of the media revenues was in the German market and the rest was just thrown away. So we have to look for an international sponsor.

?There are two possibilities, [a new sponsor] can start as a co-sponsor in 2008, or they can start in 2009 and take over the whole team. But Gerolsteiner are also willing to open the possibility for 2008 if a new sponsor comes and doesn?t want to wait. They are willing to say, 'OK, we will let you take over the team next season'.

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Simon Richardson
Magazine editor

Editor of Cycling Weekly magazine, Simon has been working at the title since 2001. He fell in love with cycling 1989 when watching the Tour de France on Channel 4, started racing in 1995 and in 2000 he spent one season racing in Belgium. During his time at CW (and Cycle Sport magazine) he has written product reviews, fitness features, pro interviews, race coverage and news. He has covered the Tour de France more times than he can remember along with two Olympic Games and many other international and UK domestic races. He became the 130-year-old magazine's 13th editor in 2015.