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Cofidis extends backing of French cycling team

French financial services company Cofidis has extended its long-term title sponsorship of the Cofidis UCI Pro-Continental cycling team.

The renewal is for three years and runs from 2016 until the end of 2019. Financial terms were not disclosed.

Cofidis has partnered the team since it was founded in 1996 and it is currently competing in its 19th consecutive Tour de France as one of five second-tier Pro-Continental squads.

With an established presence across cycling, Cofidis also sponsors leading events such as Liège-Bastogne-Liège and the Vuelta a Espana.