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Armstrong facing big financial hit over doping ban

Published on Oct 24, 2012 6:15 AM
 
World cycling's decision to strip Lance Armstrong of his record seven Tour de France wins could cost the shamed US rider millions, as calls mounted on Tuesday for tougher action to restore the sport's shattered image.-- PHOTO: REUTERS

PARIS (AFP) - World cycling's decision to strip Lance Armstrong of his record seven Tour de France wins could cost the shamed US rider millions, as calls mounted on Tuesday for tougher action to restore the sport's shattered image.

The International Cycling Union (UCI) on Monday gave its backing to a damning US Anti-Doping Agency (USADA) dossier that placed the Texan at the heart of the biggest doping programme in sport, erasing his record back to Aug 1, 1998.

But as the 41-year-old's major triumphs were scrubbed from the history books and officials vowed to up the fight against banned substances, moves began to recoup his prize money, bonuses and other pay-outs.

Tour de France director Christian Prudhomme is seeking repayment of nearly 2.95 million euros (S$4.7 million) from Armstrong's successes in cycling's most gruelling and celebrated race between 1999 and 2005.

 
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