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The owner of Floyd Landis'' former cycling team will shut down operations
Media Release
Aug. 15, 2006

 

The owner of Floyd Landis'' former cycling team will shut down operations at the end of the year, citing continuing doping issues within the sport and an inability to sell the team.

Swiss hearing aid firm Phonak decided to pull its sponsorship, but was unable to find a buyer. It was to be replaced at the end of the season by ishares, an American subsidiary of Barclays Bank, but the deal was called off, owner Andy Rihs said Tuesday.


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Media Release
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