EF Pro Cycling announced on Thursday they will take over the ownership and management of their co-sponsored women’s WorldTeam EF Education-Tibco SVB from 2024.
The team will race as EF Education-Cannondale next season and continue to share other partners Rapha, POC and Wahoo.
The team of Paris-Roubaix winner Alison Jackson and junior time trial world champion Zoe Bäckstedt recently lost long-time sponsors Tibco and Silicon Valley Bank due to “recent economic challenges and events” after the bank’s collapse earlier this year. The two companies had supported the women’s team run by Linda Jackson since 2008.
EF Education joined the team as a co-title sponsor in 2022 but Jackson continued to own and manage the squad.
The addition makes the men’s EF Education-EasyPost organisation the ninth WorldTeam to own a women’s equivalent, joining the ranks with Alpecin-Deceuninck/Fenix-Deceuninck, Cofidis, Movistar Team, Team DSM, Jayco-AlUla, Jumbo-Visma, Lidl-Trek and UAE Team Emirates/UAE Team ADQ.
Soudal-Quickstep also has a women’s Continental counterpart in AG Insurance-Soudal-Quickstep, while FDJ co-sponsors Groupama-FDJ and FDJ SUEZ.
The Uno-X ProTeam and Uno-X Women’s WorldTeam are co-owned, as are Human Powered Health while Israel-Premier Tech Roland and the men’s WorldTeam are not part of the same parent company.
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