So that's it then... the management and sponsors of Phonak have finally had enough and pulled the plug on the team.
You can't blame them, and with the news that Skoda is probably going to withdraw its sponsorship and fine motors from the Tour, things are not looking good on the cashflow front for pro cycling.
Is the withdrawal of sponsorship a good thing, or bad? I can't make my mind up. Maybe it's the kick up the jacksie that cycling needs - what do you reckon?