ProConti outfit Champion System will not continue in the professional peloton in the 2014 season, after struggling to secure adequate funding.
Champion System began as a continental outfit in 2010, and rode a limited calendar of races in Asia. But its ambitions and budget increased significantly for the 2012 season as it upgraded to ProConti status.
The team re-shaped its roster, bringing in more international riders and though retaining a distinct Chinese flavour, and extended its racing to both Europe and Asia. Among the most high profile riders were veteran sprinter Jan Kirspuu, and all-rounders Will Clarke, Cameron Wurf and Matt Brammeier.
Despite a more ambitious outlook, the team was never able to attain top-level success, and was further hindered by a lack of high-profile race invitations.
The team's 20-man roster will now look for employment elsewhere in a flooded transfer market.
Champion System's demise comes at a tough time for the sport. Sojasun confirmed today it would not be continuing, while Euskaltel and Vacansoleil-DCM have previously announced their plans to wind down.
As a sponsor, Champion System, a clothing manufacturer will continue a reduced association in the sport with an ongoing affiliation to Lampre-Merida, which it supplies gear too.