Dallas promoter demands refund from Armstrong
Source: Agencies |
October 28, 2012, Sunday
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Print Edition
Print Edition
A DALLAS promotions company that paid Lance Armstrong more than US$7 million in bonuses for winning the Tour de France is demanding he return the money.
A spokesman for SCA Promotions said on Friday the company will send Armstrong a demand letter tomorrow now that Armstrong's seven Tour de France titles have been revoked. The company paid Armstrong about US$7 million for winning his sixth tour in 2004 and reportedly paid up to US$12 million total.
The United States Anti-Doping Agency recently reported extensive evidence that Armstrong used performance-enhancing drugs during all seven of his tour victories. The International Cycling Union, the sport's governing body, on Monday accepted sanctions that included banning Armstrong from the sport for life and stripping him of his tour wins.
Earlier on Friday, the UCI said that the seven Tour titles stripped from him will not be awarded to any riders.
Acknowledging "a cloud of suspicion would remain hanging over this dark period," the UCI said the list of Tour winners will remain blank for the years from 1999 to 2005. "This might appear harsh for those who rode clean (but) they would understand there was little honor to be gained in reallocating places," the UCI said after a board meeting in Geneva.
The UCI said Armstrong and "all other affected riders" in the case should return their prize money. That amounts to almost US$4 million in Tour money from Armstrong.
The UCI's decision not to award Armstrong's Tour victories to other riders was welcomed by the Tour organizers.
A spokesman for SCA Promotions said on Friday the company will send Armstrong a demand letter tomorrow now that Armstrong's seven Tour de France titles have been revoked. The company paid Armstrong about US$7 million for winning his sixth tour in 2004 and reportedly paid up to US$12 million total.
The United States Anti-Doping Agency recently reported extensive evidence that Armstrong used performance-enhancing drugs during all seven of his tour victories. The International Cycling Union, the sport's governing body, on Monday accepted sanctions that included banning Armstrong from the sport for life and stripping him of his tour wins.
Earlier on Friday, the UCI said that the seven Tour titles stripped from him will not be awarded to any riders.
Acknowledging "a cloud of suspicion would remain hanging over this dark period," the UCI said the list of Tour winners will remain blank for the years from 1999 to 2005. "This might appear harsh for those who rode clean (but) they would understand there was little honor to be gained in reallocating places," the UCI said after a board meeting in Geneva.
The UCI said Armstrong and "all other affected riders" in the case should return their prize money. That amounts to almost US$4 million in Tour money from Armstrong.
The UCI's decision not to award Armstrong's Tour victories to other riders was welcomed by the Tour organizers.
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