The team, Bbox Bouygues Telecom, is currently competing in the Tour de France, where they have taken two stage wins through Thomas Voeckler and Pierrick Fédrigo.
French daily L'Equipe reported that the French telecommunications company would match its current 5.5 million Euro commitment to Jean-René Bernaudeau's squad next year.
Bouygues Telecom's contract had been set to expire at the end of the current season. Bernaudeau had begun the process of looking for a replacement for the company, who have sponsored the team since 2005. The team added 'BBox' to its name this year, BBox is a product provided by Bouygues Telecom.
A spokesperson for Bougyues Telecom indicated to L'Equipe that the team will look for a co-sponsor capable of ensuring the team's continuation. "Our priority remains finding a co-sponsor for 2010, which will ensure the future of the team into 2011"
The news follows the announcement, in June, that the sponsorship of fellow French ProTour squad, Cofidis, had also been renewed until the end of 2010.
Get The Leadout Newsletter
The latest race content, interviews, features, reviews and expert buying guides, direct to your inbox!
