Posted on Thu, Apr. 30, 2009
City's professional bike race is on
By Christopher K. Hepp
Inquirer Staff Writer
The race is on.
After 10 days of uncertainty, organizers of the TD Bank Philadelphia Cycling Championship announced yesterday that they had secured two new sponsors needed to assure the event's 25th running.
They declined to identify the sponsors, but they said they would cover about half of the $500,000 budget gap that had put the professional cycling race in jeopardy.
"We will name the sponsors at a news conference next week," Dave Chauner, cofounder of the race, said. "But we wanted to let everyone know now that the race was on so plans that have to be made can proceed."
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