• Contador’s team loses key sponsor Saxo Bank

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    COPENHAGEN: Two-time Tour de France winner Alberto Contador’s elite cycling team Tinkoff-Saxo has lost its sponsor Saxo Bank, as the Danish online traders announced they would sever ties on Friday. The team also features the crowd-pleasing superstar Peter Sagan, who is the world road race champion, but with the firing of Danish team manager Bjarne Riis in March, fears Saxo Bank would end its sponsorship developed into reality. The squad, whose history can be traced back to 1998 with with the creation of Team Home-Jack and Jones, was sold by Riis to Russian millionaire Oleg Tinkov in December 2013. Tinkov recently said he was willing to sell the team for the right price.

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    AFP

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