Urgent.News

600+ sources. One page. See who else covered it.

Editions

Culture

Money problems, spooked sponsors and broken dreams

The Hess women's cycling team was owned by a rich benefactor with a background in high finance - so how did they end up failing to pay riders and staff?

Money problems, spooked sponsors and broken dreams

The 2025 Tour of Britain Women faced financial challenges and the collapse of one of its key teams, Hess Cycling. The team aimed to win major races and compete at the World Tour level, but was unable to generate sufficient revenue. A sponsor withdrew following media coverage of a civil claim against a team director over a separate business venture.

Despite financial struggles, the team operated until August 2025, with some suppliers owed over £50,000. The Hess group, which includes various businesses, remains committed to repaying creditors.

Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at sports.yahoo.com →

More in Culture

More from Sunday 9 August →