Statoil stays in the saddle with Arctic Race of Norway

Norwegian oil and gas company Statoil has extended its agreement to serve as the main sponsor of the Arctic Race of Norway cycling event.

The renewal is for three years, covering the 2016 to 2018 Arctic Race of Norway events. The third edition began yesterday (Thursday) and concludes on Sunday.

The race is organised by the Amaury Sports Organisation – the operating body of the Tour de France and a number of other high-profile cycling showpieces.

As the main partner of the event, Statoil will also oversee the organisation of the Arctic Heroes of Tomorrow Race, which will showcase the next generation of Norwegian and international cyclists ahead of the final stage.

Statoil chief executive Eldar Sætre said: “The North of Norway is an important region for Statoil and we want to contribute to promote and develop the area. Arctic Race of Norway has through its first two years established itself firmly on the international cycling calendar and as an attraction in the north.”

Home favourites Alexander Kristoff and Edvald Boasson Hagen are taking part in the 2015 Arctic Race of Norway, with the former rider taking the first stage win yesterday.