USA Pro Challenge Sues Race Sponsor

USA Pro Challenge is suing a sponsor of the Colorado bike race for failing to come through with the promised money, The Denver Post reports.

The lawsuit against Exergy Development Group of Boise, Idaho, seeks the payment of $2.5 million. That's the amount USA Pro Challenge said it was supposed to receive as part of a three-year sponsorship deal. According to the lawsuit, Exergy was to give the race $1 million between May 10 and Sept. 30 of last year, $2.5 million between October 2012 and September 2013, and $2.5 million between October 2013 and September 2014.

Denver Biz Journal - Complete Story

News Item: 

8 Comments