The British Cycling team Sky to Tour de France winner Geraint Thomas has to look for a new owner and the main sponsor. The media company Sky has announced to end the “highly successful partnership” after the season in 2019. Also the cooperation with the British Cycling Federation will not continue.
The Team is expected to go under a different name also in the season of 2020 at the Start, when a new money lenders will be found. This should prove to be a difficult endeavor, the many successes of the costly team are bought with a price. Sky is, with an estimated annual budget of about 34 million euros as the financial strongest Team.
Sky is involved since 2008 in Cycling and started with a collaboration with British Cycling. Team Sky was founded in February 2009 and has since then three British riders at the Tour of Triumph: Sir Bradley Wiggins (2012), Chris Froome (2013, 2015, 2016, 2017) and, most recently, Thomas (2018). The Team was advised in the past because of Doping allegations against Wiggins and Froome, but also repeatedly under pressure.