Bridge, the title sponsor for the Bridge Cape Pioneer Trek, has recently decided to apply for business rescue, but this will fortunately not affect this year’s prize money purse and high quality race environment.
There will once again be a strong international field lining up at the Bridge Cape Pioneer Trek, which starts on Sunday. Photo: Zoon Cronje / Nikon / Xtremedia
This was confirmed by Race Director, Henco Rademeyer of Dryland Event Management, the company that owns and organises the event.
The seven-day international mountain bike stage race in the Western Cape has attracted a strong field as well as a total of over 400 riders from 15 countries.
Bridge, a provider of short-term unsecured credit, recently decided to apply for business rescue which allows for a legal framework to restructure Bridge to enable it to continue as a sustainable business.
“We have been in contact with all our sponsors over the past two weeks and I can confirm that the 2014 edition of the Bridge Cape Pioneer Trek will not be affected on any level and will go ahead as planned with all the relevant rider benefits and prize money,” said Rademeyer on Monday.
“The decision by Bridge to honour its commitment to the race in particular and mountain biking in general is to be respected and appreciated.”
