Dutch furniture company Löwik will stop its cycling sponsorship at the end of this season, according to the Twentsche Courant. Company owner Harrie Löwik, whose son Gerben rides for Rabobank, said that he regrets the decision that he made for budgetary reasons, but he doesn't rule out a return in future. "If everything is in order in the business in a few years, then sponsorship will definitely come back into our policy," he said. "This is not a final departure."
The Löwik/Van Losser team manager Han Vaanhold added that the team would likely continue, but only as a Continental Team with Van Losser as the main sponsor. "The team will remain in existence and we will remain a team where young riders can train in order to make a step higher up. We don't pay, but riders have a very good program with us."
Thank you for reading 5 articles in the past 30 days*
Join now for unlimited access
Enjoy your first month for just £1 / $1 / €1
*Read any 5 articles for free in each 30-day period, this automatically resets
After your trial you will be billed £4.99 $7.99 €5.99 per month, cancel anytime. Or sign up for one year for just £49 $79 €59
Join now for unlimited access
Try your first month for just £1 / $1 / €1
