Sky has announced plans to end the backing of Team Sky at the end of 2019.
The broadcaster has backed the cycling team since January 2010, in that time winning eight Grand Tour successes.
The group will continue cycling under a different name if a new backer can provide funding for the team.
Sir Dave Brailsford, the principle of the team, said: “While Sky will be moving on at the end of next year, the team is open-minded about the future and the potential of working with a new partner, should the right opportunity present itself. For now, I would like to thank all Team Sky riders and staff, past and present – and above all the fans who have supported us on this adventure.”
“We aren’t finished yet by any means. There is another exciting year of racing ahead of us and we will be doing everything we can to deliver more success in 2019.”
“The vision for the team began with the ambition to build a clean, winning team around a core of British riders and staff. The team’s success has been the result of the talent, dedication and hard work of a remarkable group of people who have constantly challenged themselves to scale new heights of performance. None of this would have been possible without Sky. We are proud of the part we have played in Britain’s transformation into a cycling nation over the last decade.”
In a statement, the broadcaster has said that it will focus on different projects including Sky Ocean Rescue, which will raise awareness of single-use plastic.