UPDATE 1-Cycling-Sky to end team sponsorship after 2019 season [Reuters]
Fox Corporation - Class A (FOXA)
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Source: Reuters
UPDATE 1-Cycling-Sky to end team sponsorship after 2019 season | Reuters 2 Min Read * Team Sky to race under different name if new sponsor secured * 21st Century Fox also ends association with professional cycling (Adds quotes, details) Dec 12 (Reuters) - The future of Team Sky has been cast into doubt after its owner and sponsor, broadcaster Sky, confirmed it will end involvement in professional cycling after the 2019 season, the British-based outfit said on Wednesday. The decision means the successful team, which has won eight Grand Tours since 2012, will need to begin the search for a another sponsor to provide funding from the beginning of 2020 and continue to compete under a new name. “While Sky will be moving on at the end of next year, the team is open minded about the future and the potential of working with a new partner, should the right opportunity present itself,” Team Sky principal Dave Brailsford said in a statement. “We aren’t finished yet by any means. There is another
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- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- FOXA's page on the SEC website