Money woes lead to Colorado Stage Race cancellation
The Vail Valley Foundation announced Tuesday that it has been forced to “pull the plug” on the inaugural Colorado Stage International Cycle Classic road bike race scheduled for August 22-24, 2008. “When requesting the event be placed on the UCI calendar, we recognized the challenges facing us in finding enough sponsorship support,” said Vail Valley Foundation president Ceil Folz. “The declining economic picture has made these efforts increasingly difficult, and the final straw came last week when we were not able to close a deal with a presenting sponsor.”