By Susan Westemeyer
Things seem to be looking up for Team Gerolsteiner in its search for a new sponsor. Both the management firm that is conducting a search and team manager/owner Hans Michael Holczer are having luck, Holczer told the German news agency SID.
"I have information from SportFive in Hamburg that the first discussions that held have gone well," Holczer said. "Parallel to that, I have had further interesting contacts. We will just have to wait and see how what develops."
"For a few weeks now the closest contact has been with an investor who is interested in buying the majority of my company, including me as manager," the 54 year-old said. "These discussions are in an advanced but by no means final stage."