Le Col will no longer be a co-title sponsor of the Le Col-Wahoo team as it's believed a larger partner is required for the team to reach its goals in 2023.
After tripling its investment in the team at the start of the 2022 campaign, Le Col has now taken a step back, leaving the team searching for a new sponsor in preparation for 2023 to try and fill the €400,000 gap in the budget.
Last week team boss Tom Varney spoke on the situation to VeloNews, “As things stand, we have our second highest budget for next year, so it’s still a positive situation based on what we’re used to. It’s not near what we had last season.”
"I think the most likely situation is that we’ll continue on at a lower level, but I don’t know what that will look like and what structure and race program we can provide." Varney continued, “I’m not shying away from it, and I’m trying to help riders and speaking to managers. We have a lot of good people who have taken it quite well considering. Let’s see how it evolves.”