Die Zeit1 hour agoSports1 min readGermany

Traditional tennis tournament in Braunschweig about to end

Quick Look

The Challenger tennis tournament, which has been held in Braunschweig's Bürgerpark since 1994, will no longer take place next year.
The reason is the withdrawal of the main sponsor Volksbank BRAWO due to an internal restructuring process and a lack of alternative financing.

AI-generated summary

Why It Matters

The Challenger tournament has taken place annually in Braunschweig's Bürgerpark since 1994.

Font size

The traditional tennis tournament in Braunschweig will no longer take place next year. Brunswiek Marketing GmbH, a subsidiary of Volksbank BRAWO, announced that sponsorship was no longer possible due to Volksbank BRAWO's challenging situation. Despite an intensive search, it has not yet been possible to find new sponsors and co-organizers.

The Challenger tournament, which is ranked below the ATP tournaments in terms of value, has been taking place in Braunschweig's Bürgerpark since 1994.

“This is a bitter decision,” said Jürgen Wache, designated CEO of Volksbank BRAWO. From the company's point of view, there is no alternative to the decision. “We are in the midst of an extremely comprehensive restructuring process for everyone involved in order to get Volksbank BRAWO back on a successful course,” said Wache.

Open Questions

Are there long-term plans for the tournament to resume?