Nearly $250,000 raised in first 24 hours of Cannondale-Drapac crowd-funding campaign
Team hoping to secure future with crowd-funding campaign
- (opens in new tab)
- (opens in new tab)
- (opens in new tab)
- Sign up to our newsletter Newsletter

A crowd-funding campaign intended to help secure the future of the Cannondale-Drapac team has raised nearly $250,000 (£194,000) in its first 24 hours, more than 10 per cent of its goal.
The #SaveArgyle Indiegogo page (opens in new tab) is aiming to raise $2m to help fill the team's $7m (£5.4m) budget shortfall after the withdrawal of a major sponsor. Any money raised through the crowd-funding page will be matched by insurance agency Fairly Group.
>>> Can Cannondale-Drapac really be saved by crowd-funding?
In order to attract people to invest, the crowd-funding page offers a number of incentives based on the amount of money that people want to put in.
At the lowest level, $25 (£19) will get you access to insider content and the members' section of the website, as well as #SaveArgyle stickers.
However if you want to put $50,000 (£38,900) into the project then you will be able to join the team at their pre-season training camp and at four race days of your choosing, and also receive team bike and kit.
The crowd-funding campaign will continue for the next 13 days as Slipstream Sports, the company behind Cannondale-Drapac, continues to look for another sponsor to fill the remaining budget.
Thank you for reading 10 articles this month* Join now for unlimited access
Enjoy your first month for just £1 / $1 / €1
*Read 5 free articles per month without a subscription
Join now for unlimited access
Try first month for just £1 / $1 / €1
Henry Robertshaw began his time at Cycling Weekly working with the tech team, writing reviews, buying guides and appearing in videos advising on how to dress for the seasons. He later moved over to the news team, where his work focused on the professional peloton as well as legislation and provision for cycling. He's since moved his career in a new direction, with a role at the Department for Environment, Food and Rural Affairs.
-
-
SKS Raceblade Pro XL Stealth Series fender/ mudguard set review - sturdy, rub-free and keeps off the worst of the spray
Highly adjustable, easy to fit and rock solid over rough roads
By Andy Turner • Published
-
Nude carbon is back and even sexier with 3T’s new Exploro Racemax Italia XXX
Made-in-Italy frames 'pull back the curtain' on in-house filament winding process with stunning results
By Simon Smythe • Published
-
Stefan Bissegger powers to time trial victory and overall lead on stage three of UAE Tour
Swiss rouleur beats world time trial champion Filippo Ganna by seven seconds
By Adam Becket • Published
-
5.30am alarms, hot and dirty metalworking, 'uncle' Jan Ullrich and lofty expectations: meet EF Education-EasyPost's Georg Steinhauser and his fascinating backstory
One of the peloton's busiest riders is also the WorldTour's ninth youngest
By Chris Marshall-Bell • Published
-
'I love just applying myself fully to something that requires all of you': Lachlan Morton is set to ride 1,000km mountain bike race
The Munga is a 1,000km mountain bike race across the desert of South Africa
By Tim Bonville-Ginn • Published
-
'We can’t wait to help add the next chapter in this team’s great history': EF Education First set to become co-title sponsor for Tibco-SVB women's team in 2022
The American company joins multiple other male team sponsors that are investing into the women's side of the sport
By Tim Bonville-Ginn • Published
-
James Shaw’s WorldTour return confirmed as he signs with EF Education-Nippo
The 25-year-old Brit suffered the disappointment of being dropped from the WorldTour in 2018, but he’s back next year
By Alex Ballinger • Published
-
Stefan Bissegger storms to impressive victory in Benelux Tour stage two time trial
The Swiss rider beat some of the world's best time triallists including Stefan Küng and Remco Evenepoel
By Tim Bonville-Ginn • Published
-
Five talking points from stage 12 of the Vuelta a España 2021
Cort in form, Roglič touches tarmac again, and a new name emerges - the biggest moments from the day
By Stephen Puddicombe • Published
-
Hugh Carthy abandons Vuelta a España 2021
The British GC hopeful suffered a rough day on stage six, before leaving the race part way through day seven
By Alex Ballinger • Published