Garmin-Cervélo was to become Garmin-Big Mat but the French building supplies firm pulled out, leaving the squad hunting for a new sponsor and with a hole in their budget. I wonder what happened to make the company back out, especially since there are reports of a “binding” letter. But that’s for another day.
Fortunately there is Doug Ellis (pictured left). The Chairman of Slipstream Sports and a very wealthy entrepreneur, he helped Jonathan Vaughters found the squad several years ago. But it means the team now joins the Sugardaddy club of squads dependent, partially or wholly, on wealthy backers.
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