British billionaire Sir Jim Ratcliffe to sponsor Team Sky with bigger budget, according to sources

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Sources close to the deal say the new sponsor will be announced before the Giro d’Italia

Team Sky will be sponsored by British billionaire Jim Ratcliffe, according to a team source (Photo: Yuzuru SUNADA)

British billionaire Sir Jim Ratcliffe will sponsor Team Sky for 2020 and beyond with a bigger budget than before, a source close to the team has said.