Cofidis

Cofidis Solutions Crédits is a French professional road bicycle racing team sponsored by a money-lending company, Cofidis. It was started in 1996 by Cyrille Guimard, the former manager of Bernard Hinault, Greg LeMond and Laurent Fignon of the Renault–Elf–Gitane team of the 1980s. The team's sponsor has supported the team despite repeated problems such as doping scandals. After it was part of the UCI ProTour for the ProTour's first five seasons, from 2010 the team competed as a UCI Professional Continental team. The team joined the UCI World Tour for the 2020 season. History Cyrille Guimard started the team in 1996 with backing from François Migraine, the chief executive of Cofidis. An early acquisition was Lance Armstrong, formerly of Motorola Cycling Team. Armstrong was dropped because of his cancer and another American, Bobby Julich, became leader for stage races. Julich's place in the top three of the 1998 Tour de France brought the team to the spotlight, and Frank Vandenbroucke brought further results in classics. That year, Cofidis won the team classification in the Tour. Years of drought followed as Julich and Vandenbroucke left the team. Vandenbroucke's Belgian compatriots, Nico Mattan, Chris Peers, Peter Farazijn, and Jo Planckaert, stayed on but were criticised for inconsistent performances. Cofidis, on the demand of Migraine, began paying riders by results, judged by the points they won in a season-long competition run by the Union Cycliste Internationale. Belgian riders criticised the policy, saying it would lead riders to ride conservatively to be sure of good placings at the finish. They debated the issue publicly with the manager, Alain Bondue, and left.