Rabobank has come to this decision following publication of the report from the American doping authority USADA last week.
Bert Bruggink, member of the Managing Board: 'It is with pain in our heart, but for the bank this is an inevitable decision. We are no longer convinced that the international professional world of cycling can make this a clean and fair sport. We are not confident that this will change for the better in the foreseeable future'.
Rabobank started its involvement in cycling 17 years ago. Rabobank has expanded the cycling sponsorship during the course of the years to a complete package, from the men’s and women’s professional teams to the youth team and the cyclo cross.
Bruggink: 'Cycling is a beautiful sport, which millions of Dutch people enjoy and a large number of those Dutch people are clients of Rabobank. But our decision stands: we are pulling out of professional cycling. It is painful. Not just for Rabobank, but especially for the enthusiasts and the cyclists who are not to blame in this'.