Monday, August 13, 2007

Discovery no more...



Armstrong and the owners of his former Discovery Channel team said Friday the squad will disband after this season.
"It's a sad day for cycling. Certainly a sad day for American cycling," Armstrong said. "We're proud of our record."
The decision shuts down the sport's only elite professional team based in the United States.

Team General Manager Bill Stapleton
"It's not an environment right now that's conducive to a lot of investment," Stapleton said, adding the team was in talks with several potential sponsors. "This was a difficult decision, not made any easier by our recent Tour de France success."

Armstrong said he believes a sponsor could have been found, but the ownership group decided now was the time to quit.
and team director Johan Bruyneel is retiring.
"The team was a dominant force in cycling for nearly a decade.
Discovery will still ride in this year's Tour of Spain and the Tour of Missouri, but the shutdown means Contador, Leipheimer and the 25 other riders must find new teams for 2008.
"They leave with the Discovery stamp," Bruyneel said. "I'm sure they will be very wanted."

Bruyneel oversaw each of the team's eight Tour victories.
"I'm going to miss the staff, riders and the excitement of the races, but not all the infighting between the teams. This team has become my family and it is very sad to think that we will not be together next season," he said.