Looking for a million

If Euskaltel are to continue beyond 2012, they are likely to need another million euro. That's the opinion of Fundación Euskadi president Miguel Madariaga. Talking to El Diario Vasco yesterday, the team chief outlined the budgetary issues facing the team.

"For three years now we've been looking for more money. Frankly, we need a million euro and we can't seem to find that kind of money anywhere. If Euskaltel (the sponsor) are aware of these issues? Of course they are", he explained.

The future's not only dependent on money though; a WorldTour-licence is vital according to Madariaga.

"Facing the future, it's important we continue to be a part of the WorldTour. If you drop out of the WorldTour it's tough to get back in. But, from what I've heard, it won't impact our racing calendar that much if we're in it or not though: we would likely be offered rides in the Tour, in the Vuelta and in the races that interest us anyway. But, still, the future would be more complicated if we're left out."