Slipstream Sports was founded in Boulder, Colorado by former Tour de France rider Jonathan Vaughters in 2003 as a development team for young U.S. riders. In 2007, Vaughters brought in additional funding that allowed him to realize his longer-term goal of turning his team into a Tour de France contender that would reach the top of its sport through clean and ethical performance.
With GPS-maker Garmin backing the squad, in 2008 Vaughters hired riders such as British National champion and multiple Tour de France stage winner and Yellow Jersey wearer David Millar and U.S. National Champion and Tour of Spain, Italy, and France stage winner David Zabriskie. In the 2008 Tour de France, Garmin-Slipstream took fourth place overall with team member Christian Vande Velde. The team continued its success in the 2009 Tour de France with British Olympic Champion Bradley Wiggins taking 4th place, and in 2010 with Canadian Ryder Hesdejal placing 7th.
In 2011 the team won four stages of the Tour de France, wore the Yellow Jersey for seven days and also won the Tour team prize. Maintaining the team’s record of consecutive top-10 Tour de France general classification placings, Colorado rider Tom Danielson placed 9th overall. In 2011 the team also won Paris-Roubaix.
In 2012, new sponsor Barracuda Networks came on board and the team’s name became Garmin-Barracuda.