After sponsor withdrawal - Big bang in Wels! Professional cycling team on the brink of collapse

Financial problems hit Team Felbermayr-Simplon hard

A major sponsor has withdrawn at short notice. As a result, the future of the Austrian professional cycling team Felbermayr-Simplon is uncertain. The team management is currently working flat out to find a solution. However, it is becoming increasingly unlikely that the team will be able to continue in its current form.

Team Felbermayr-Simplon: A success story on the verge of collapse

Founded in 2015, Team Felbermayr-Simplon quickly became one of the most successful professional cycling teams in Austria. The team has won numerous races, including the Austrian National Championships. In 2020, the team even competed in the UCI WorldTour, the highest level of professional cycling.

However, the team has been struggling with financial problems for some time. In recent months, several sponsors have withdrawn their support. As a result, the team has been forced to reduce its budget. This has had a negative impact on the team's performance. In the current season, the team has not been able to achieve any major successes.

Withdrawal of a major sponsor puts the team's existence at risk

Recently, the withdrawal of a major sponsor has put the team's existence at further risk. The sponsor, a major Austrian company, had been supporting the team for several years. However, the company has now decided to withdraw its support. This has left the team with a major financial shortfall.

The team management is currently working flat out to find a solution. However, it is becoming increasingly unlikely that the team will be able to continue in its current form. If the team cannot find a new sponsor soon, it will be forced to fold. This would be a major blow to Austrian cycling.