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Cannondale Still Sponsoring Mountain-bike Team
Wed Jan 29, 2003
Source: Velo News

Just a day after filing for Chapter 11 bankruptcy protection, Cannondale announced that it had reached an agreement to co-sponsor a mountain-bike team with the German communications giant, Siemens Mobile.

The team will compete under the name Siemens mobile-Cannondale in the 2003 and 2004 World Cup seasons and include several of the top names from the old Volvo-Cannondale squad. Rainer-Wurz.com, a management firm owned by former mountain bike racer Markus Rainer and Formula 1 driver Alex Wurz, helped to bring the companies together and will run the team.

The new squad includes Christoph Sauser.(Switzerland), Roel Paulissen (Belgium), Tinker Juarez (U.S.), Hannes Pallhuber (Italy) and Franz Hofer (Italy) for cross-country, and Cedric Gracia (France) and Petra Bernhard (Austria) for downhill and four-cross. The riders come from the Rainer-Wurz.com team and the former Volvo/Cannondale squad, the winningest team in mountain bike history.

The team's contract runs for two years and the squad will compete in the World Cup, the World Championships and all major international and European mountain bike races. The Siemens mobile and Cannondale logos will be featured prominently on the race jersey, the three Cannondale race bikes (the Gemini for downhill, the Jekyll for four-cross and the Scalpel for cross-country), team post-race clothing and the five team vehicles. Cedric Gracia's participation at the Red Bull Ride last week in Australia marked the official debut of the new Siemens mobile-Cannondale team.

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