The Lampre company, which specializes in creating pre-coated steel products, will exit the sport of cycling after 18 consecutive years as title sponsor of the WorldTour team after not being involved in the discussions to continue the team under the support of UAE Abu Dhabi.
Lampre entered the sport in 1991, first with Colnago and then Polti, and Panaria before taking a three-year hiatus. They returned with Giuseppe Saronni in 1999 with Daikin as co-title sponsor through 2002. Merida has been the co-title sponsor of the team for the past three seasons.
However, when the TJ Sport project fell apart late last year, Lampre said it steered clear of the "difficult and delicate negotiations" that led to the formation of the UAE Abu Dhabi team.
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"Our only priority has always been the safeguard of the group of professionals who has been bringing our name in the roads around the world for many years," said Emanuele Galbusera of Lampre. "We therefore congratulate with the team's management for the successful conclusion of the negotiations that gave birth to the WorldTour Team UAE Abu Dhabi, to whom we wish every success."
In a press release, the company said it has "officially informed Mr. Giuseppe Saronni and CGS Cycling Team that they do not intend to continue their long lasting sponsorship also in 2017," and said they "have confirmed not being involved nor having endorsed" the discussions with UAE Abu Dhabi.
"With this occasion Lampre would also like to thank you the fans for their continued support provided over the years and the cycling world for helping them to raise the awareness of Lampre brand in the world," the statement concluded.
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