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The Israeli cycling team Israel-Premier Tech (IPT) has lost its top sponsor despite honoring the sponsor's request to remove the word "Israel" from the team name.

The Canadian company Premier Tech announced it would be ending its partnership with the team in a statement released Friday.

"After multiple discussions with the team and careful assessment of all relevant circumstances, Premier Tech has decided to step down as co-title sponsor of the team taking effect immediately," the statement said.

"Although we took notice of the team’s decision to change its name for the 2026 season, the core reason for Premier Tech to sponsor the team has been overshadowed to a point where it has become untenable for us to continue as a s

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