Rabobank renamed Blanco Pro
The Hague - Dutch bank Rabobank says its men's cycling team is being renamed Blanco Pro Cycling Team next year as it continues to hunt for a new sponsor.
Rabobank announced this year it was ending its sponsorship of the men's team because trust in the sport had evaporated in the aftermath of the damning US Anti-Doping Agency report on Lance Armstrong.
The bank said at the time it would continue to support the men's team while it looks for another sponsor.
On Thursday, Rabobank said in a statement if a new sponsor does not come forward the team will fold at the end of 2013.
The team includes Dutch rider Robert Gesink and Spaniard Luis Leon Sanchez, who won a stage in each of the last two Tours de France.