Sungard to stop co-sponsoring Danish cycling team

Share This Story



American software company SunGard says its move to stop sponsoring Danish cycling team Saxo Bank-SunGard from next year is a ''business decision.''

Sungard spokesman George Thomas praised the ''successful partnership'' and stresses the decision was ''not related to the team,'' which contains three-time Tour de France champion Alberto Contador.

Danish Internet-based company Saxo Bank said Wednesday in a statement that it will become the sole sponsor of the outfit in 2012, with the name changing to Team Saxo Bank.

SunGard, a Pennsylvania-based company, signed a one-year sponsorship deal with the Danish team last year. The deal had been renewed for 2011 and 2012.

Member Comments

Please note by clicking on "Post comment" you acknowledge that you have read the Terms of Use and the comment you are posting is in compliance with such terms. Be Polite. Inappropriate posts may be removed by the moderator.

powered by

More Than Sports on MSN

Fox Sports Store