Sean Kelly's Irish cycling team won't be on the road next year
Sean Kelly's An Post-Chain Reaction cycling team won't be on the road next year after efforts to secure a new title sponsor for 2018 failed.
The Irish outfit have been on the hunt for a new sponsor since An Post confirmed last May that they would not be extending their 10-year association.
Kelly and team director Kurt Bogaerts had been in discussions with two potential sponsors but were under pressure to get a bank guarantee in place with Cycling Ireland and the UCI by the October 31 deadline.
However, the Carrick-On-Suir man is refocusing on having a team back on the road for 2019.
"Unfortunately, time has worked against us to secure a sponsorship agreement before the October 31st deadline to compete in 2018," they said in a statement today.
"However, we continue to look towards 2019 and the goal of advancing to the Pro Continental level with enthusiasm.
"Despite this disappointment, the decade long relationship the team shared with An Post not only contributed to the team’s success but also to the development of the sport within Ireland, for which we are most grateful."