The UCI confirmed on Thursday that the 2014 road world championships would take place in Ponferrada, Spain, as planned, after earlier doubts over the town’s ability to meet financial requirements amidst the economic crisis on the Iberian peninsula.
In September, the UCI Management Committee gave Ponferrada organizers 30 days to shore up financial support for the worlds, or risk losing the event.
Organizers announced in late October that they had secured the necessary funding to rescue the worlds after the regional and municipal governments had stepped in.
“I am delighted to confirm that the Ponferrada organizers have responded quickly and efficiently to our request, providing us with the financial and organizational guarantees that we required,” said UCI president Pat McQuaid in a release. “We can now look forward with confidence to the 2014 UCI Road World Championships in one of our traditional cycling nations.”
According to the UCI release, “this confirmation is on the condition that remaining guarantees are forthcoming.”
The 2014 road worlds are scheduled for September 20-28. The world championships last visited Spain in 2005, in Madrid.