LES HERBIERS, France — Last August we reported that one of the US’s top pro cycling teams was in danger of folding unless it came up with $7 million within a week, which was kind of crazy considering its star rider had just finished second in the world’s preeminent bicycle race. It wasn’t fake news, though: Without the extra dough, team boss Jonathan Vaughters said, it really would’ve shut down.

But as The Wall Street Journal reported in early September, the green came, and with it not just a big new sponsor but a read more >>>

Source:: BusinessInsider.Com