Tour de France cycling team Lampre- Merida lost about $1 million worth of bikes, equipment and cars in a burglary last weekend that has thrown its plans for next season into disarray, a company spokesman said.
Cycling’s top official said he opposes the so-called World Series Cycling project that was aiming to generate more revenue by holding races in Asia, South America and the U.S., and he’ll look for other ways to support professional teams financially.
A whistle-blower lawsuit accusing former champion cyclist Lance Armstrong of defrauding the government by using banned substances in violation of his team’s contract with the U.S. Postal Service probably will proceed, a judge said.
Every day, bankers check the league tables, a scoreboard that shows who won the biggest deals. Then they check their Strava app to see who’s chewing up the pavement fastest on his $20,000 bike. That's recreation on Wall Street.