Menu
Franchises

Cannondale Cycling Team To Become Cannondale-Drapac For Tour De France

The Cannondale cycling team will become Cannondale-Drapac for the Tour de France and the remainder of this season, with "a full merger between the American WorldTour squad and the Australian Pro Continental Drapac outfit" announced for '17, according to CYCLING NEWS. The deal "is set to run for five years." The Cannondale team announced the secondary sponsor on Thursday "along with a new jersey, which the riders will wear at the Tour de France." Drapac will continue its sponsorship of the Pro Continental team until the end of '16. In '17, the company will continue its sponsorship of the WorldTour squad "and will also fund a development squad, which will be called Drapac-Pat's Veg." The Drapac Pro Continental team was set up in '05, founded by Australian property developer Michael Drapac. He is now joint owner of Slipstream Sports, "the company behind the Canondale team." Slipstream Sports already confirmed its "partnership with Drapac in setting up a development team." The new Drapac-Pat's Veg continental squad "will look to ensure riders have focuses and skills outside of the sport." The team will require its riders to "attend university or take on professional-level certifications or apprenticeships" (CYCLING NEWS, 6/30).

SBJ Morning Buzzcast: March 18, 2024

Sports Business Awards nominees unveiled; NWSL's historic opening weekend and takeaways from CFP deal

ESPN’s Jay Bilas, BTN’s Meghan McKeown, and a deep dive into AppleTV+’s The Dynasty

On this week’s Sports Media Podcast from the New York Post and Sports Business Journal, ESPN’s Jay Bilas talks all things NCAA. Big Ten Network’s Meghan McKeown shares her insight into the Caitlin Clark craze. The Boston Globe’s Chad Finn chats all things Bean Town. And SBJ’s Xavier Hunter drops in to share his findings on how the NWSL is making a social media push.

Learn more about your ad choices. Visit megaphone.fm/adchoices

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2016/07/01/Franchises/Cannondale-Drapac.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2016/07/01/Franchises/Cannondale-Drapac.aspx

CLOSE