Lance Armstrong has received “high interest†from sponsors willing to back his cycling team if he takes over control of financially strapped Astana.
Astana receives most of its financial support from Kazakh state holding company Samruk-Kazyna, but the Central Asian nation’s economy has been badly hit by the global financial crisis. The team has not paid its employees lately.
“Considering the economy and considering global sports sponsorships … it’s a tough climate for all that stuff. We’ve had high interest,†Armstrong told The Associated Press on Thursday as he prepared for the start of his first Giro d’Italia—which he says has no illusions about winning… Details
 Team manager Johan Bruyneel may have to take over the Astana team if riders continue to go unpaid, Lance Armstrong said.
The American only gets money from endorsement deals but some of his team mates were not paid salaries last month and the Kazakh-funded team will receive a warning from the International Cycling Union (UCI), the sport’s governing body.
“It’s not easy. I don’t take a salary from the team but there are … Details
Just think of the efficiency that bikers could bring to the workplace, unconstrained in high-tech fibers, warmed to peak performance by a brisk ride to the office, the sweat of exertion staining desks and documents. … Well, maybe not. But you can still accrue the energizing and planet-sparing benefits of bicycle commuting while reporting for duty fresh-smelling and professionally attired. And next Thursday’s Bike to Work festivities are the perfect time to give it a try.
Asphalt runway
We consulted mountain bike pioneer, cycle-industry titan and fashion icon Gary Fisher, whose eponymous company is at the head of a resurgence in practical urban bicycles. According to Fisher – who checked in from the airport on his way to London to be fitted for a cycle-worthy suit – skeptics who see biking as …Â Details & Pictures
Lance Armstrong says he has “high interest” from sponsors if he takes over control of the crisis-hit Astana team.
“Considering the economy and considering global sports sponsorships, if it’s the title sponsor on Tiger’s bag, or it’s stadium rights. It’s a tough climate for all that stuff. We’ve had high interest,” Armstrong told The Associated Press on Thursday as he prepared for the start of his first Giro d’Italia.
Armstrong indicated the sponsor would come from a U.S.-based multinational company…Â Details