Katusha Sports launch fundraising effort to support women's team amid financial distress

(Image credit: Getty Images)

Katusha Sports announced Tuesday that it has launched a fundraising effort to help continue its support for Bigla-Katusha after it was forced to temporarily suspend its financial contribution to the team due the economic impacts it has felt from the COVID-19 crisis. Profits gained from the sales of the Bigla-Katusha women's team collection kit will be donated to helping the riders race later this season.

"Due to the unforeseeable circumstances, Katusha Sports has suffered greatly for the last months, causing a strong financial hardship for the young company. Because of this we are temporarily unable to fulfill our financial contribution to Team Bigla-Katusha," a press statement confirmed.

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

Cyclingnews is the world's leader in English-language coverage of professional cycling. Started in 1995 by University of Newcastle professor Bill Mitchell, the site was one of the first to provide breaking news and results over the internet in English. The site was purchased by Knapp Communications in 1999, and owner Gerard Knapp built it into the definitive voice of pro cycling. Since then, major publishing house Future PLC has owned the site and expanded it to include top features, news, results, photos and tech reporting. The site continues to be the most comprehensive and authoritative English voice in professional cycling.