Saxo Bank will continue through 2012 in cycling

A year will have secured sponsorship Saxo Bank cycling team, which since 2008 has the support of the Danish bank whose term lasted until 2012.

Despite the controversy over alleged doping in which he has been involved AlbertoContador, his star rider, the institution decided to renew the contract that bound them to the training from three years.

Bjarne Riis, owner and team manager, said sponsor Saxo Bank will remain co-ownerin 2012 with SunGard, one of the leading software services and technology.

"This is a great day for our team. Saxo Bank is a extremely professional and, therefore, I am proud that the company believes in our work and continue to see the business benefits of sponsoring our team, "he said.

Kim Fournais and Lars Seier Christensen, CEO and co-founder of Saxo Bank,claimed that the bank has made ​​a strategic decision when to continue the sponsorship in 2012.

"Our institution has always believed that supporting Bjarne Riis was a business decision that makes sense. We have a genuine desire to support and provide Bjarneresources to stay on top.

"Bjarne Riis and the team are a source of inspiration and motivation for many youngtalents and Saxo Bank is proud to continue it possible that there is a world classcycling team in Denmark," they said.

Since the beginning of their partnership, the cycling team has placed among the top four-ranked according to the UCI, while last year's victory in the Tour de France andclaimed the 2011 and the Tour of Murcia, the return Catalonia and the Giro d'Italia.