Skip to main content

Cofidis extend sponsorship through 2016

Cofidis will continue to sponsor a team until the end of 2016 after the telephone loan company announced a three-year extension to its current deal, which had been due to expire at the end of next season.

In a statement released on Friday, Cofidis outlined that its objective was to participate in the Tour de France “and the events with most media coverage” every year. To that end, the sponsor has targeted entry into the WorldTour from 2013 and hinted that Cofidis will be active in the transfer market in the coming months.

“From 2013, it’s necessary for the team to equip itself with recognised and performing riders, who could open up access to WorldTour races,” read the statement.

Cofidis will provide a budget of €9.5 million per year until 2016, which will be the squad’s 20th consecutive season in the professional peloton. “The Cofidis team will have the means […] to allow it to reach the highest level and rejoin the WorldTour,” said the statement.

Cofidis last featured in cycling’s top division – then called the ProTour – in 2009. In the intervening period, the squad has largely focused on the acquisition of French talent, but it remains to be seen if such a policy will change in the wake of Friday’s announcement.

 

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