Team Manuela Fundación

The team made headlines in 2020 when it appeared that backers agreed to buy the WorldTour license of the Australia-backed GreenEdge franchise for $7 million. 

The organization that tried to buy the Mitchelton-Scott WorldTour team in 2020 will now compete at the Continental level in 2022.

Here's the news making headlines for Saturday, October 16.

One month after collapse of Mitchelton-Scott deal, Spanish foundation linked to struggling CCC Team.

Gerry Ryan reveals how cross-continent communications and confused messaging led to him shuttering negotiations.

Renewed commitment from longtime team owner will help in contract talks.

Shocked Spanish representatives demand more explanation on sudden termination of takeover deal.

Mitchelton-Scott founder Gerry Ryan has backed away from the naming rights deal with Spanish non-profit Manuela Fundación. The news comes days after the two parties disagreed on the team's ownership.

Hours after Australian businessman Gerry Ryan denied reports he sold WorldTour license, new Spanish backers insist they now own the team.

Newly-branded Team Manuela Fundación to use early-season races to assess form and recovery after unprecedented shutdown.

Few details available about new backers of Spanish foundation taking over title sponsorship.

Australian squad to become Team Manuela Fundación, officials deny reports that team license was sold.