A charity of high-profile ‘The Livestrong Foundation’, that has seen harder time after the downfall of its founder Lance Armstrong, again saw a drop in revenue in 2015, this is third-straight year in which organization has seen the decline of double-digits.
The nonprofit Austin-based cancer patients, supporting charity organization recorded the revenue of $6.2 million that year, compared to $16.6 million in 2014, and the contributions were $3.7 million, compared with year before $11.9 million, the news has come now to the public because reports of the Associated Press citing federal tax records have become available just now.
About this the president of Livestrong Greg Lee told the AP that the finances of the foundation are healthy — till date the donations are up and the organization has the net assets of $73 million approximately, having the cash stocked before the rider’s fall from grace.
He further added that,” There is no impact on patients who are taking benefit from the charity organization and as a signature of the bounce of organization is, the organization received its first $1 million pledge last year of the decade.” Read More …
The Michigan memorial ride saw over 700 cyclists taking part in the event to complete the race that was started by the Chain Gang.
This memorial ride was supported by none other than the ace cyclist Lance Armstrong. The Chain Gang was not able to complete the ride as it ended in a tragedy. Five of the cyclists of the Chain Gang were killed and four others were hospitalized after they were hit by a pickup truck.
To complete the unfinished race of the Chain Gang and to show their support to the riders, hundreds of cyclists had gathered at Kalamazoo in Michigan to finish the race. Among them was Lance Armstrong, the greatest cyclist of all times. He had traveled to Michigan to join other riders and extend his support to the China Gang. He picked up the microphone and addressed the huge gathering of cyclists at the event.
Armstrong said that he understands that many of the people would have had a brush of two from a passing car while riding their bike. It is really scary when you find any vehicle come close to you while biking. Everyone is aware of that close feeling, but no one would have known the Chain Gang incident to happen. This is a very tragic accident and one that has caused pain to him. There have been many tragedies and incidents that have happened over the years, but nothing has been as severe as this. Armstrong said that he was pained by the incident and this was his novel way of extending support to the Chain Gang by taking part in the completion of the Chain Gang race.
The driver of the pickup truck, Charles Pickett Jr., has been arrested after he had fled initially. He has been charged with five counts of murder.
On Sunday, Fabian Cancellara raced his last Tour of Flanders aboard a very special Trek Domane SLR.
The recently declared Domane SLR sports 2 radically new technologies — front IsoSpeed as well as adaptable rear IsoSpeed — and Fabian’s race bike also has a few 3D graphics lionizing his achievements at the biggest race in Belgium.
Fabian has been more than instrumental in the establishment of the Domane line of bikes from the start, working with Trek on testing models, riding instrumentated bikes, offering feedback and of course hands down bearing as a marketing icon for the survival machine.
On the day after Tour of Flanders, where he placed 2nd to Peter Sagan, Fabian told that his wife would not like when he tells that this is the 3rd baby, the Domane. Fabian first raced the bike at Strade Bianche that he won for the 3rd time. Even though a lot of people noticed the new bike, neither Trek nor Cancellara would speak regarding this till the day after Tour of Flanders at the bike’s official introduction in Kortrijk, Belgium.
There are two remarkable and new technologies on the Domane SLR. 1, rear IsoSpeed — it was first brought in with original Domane where the seat tube twists on a pivot at top tube/chainstay colligation — is now changeable in their range of flex. The divide seat tube has an adaption tab which slides up and down, changing the abidance features from Madone-like hardness to more plush than the present Domane. To deal with this, one loosen the bottle cage bolt, conform the slider, then fasten the bolt.
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Lance Armstrong’s participation in Le Tour Charity Ride ha led to the self-withdrawal of GB Cyclist Nicki Aitken. The Reading rider was the only female participant of the event.
The 36-year-old that she was compelled to withdraw herself from the charity ride when cancer survivor & ex-footballer Geoff Thomas informed of Armstrong’s inclusion in the race in France.
“Honestly, I did not wish to participate in something which is linked with the tainted-most man in cycling”, stated the GB cyclist.
The Le Tour charity ride is a great once-in-a-lifetime event which is scheduled to run a day prior to Tour de France to raise fund for charity organization Cure Leukaemia. Nicki was definitely elated to be a part of such an esteemed event but then again, it seems that she is a person of values & principles.
“My father taught us to battle for the things that we deeply believe in”, stressed Aitken.
“I love sport but I do not understand this mentality that one has to win by any means. Yes, some of the dug cheats do apologize & come back- yet I always that why did they commit it initially.” Read More …
Lance Armstrong was stripped of all the accolades he won in his cycling career after he confessed on a television show that he used banned substances in order to secure his all seven Tour de France victories.
Lance Armstrong was also banned for life from participating in any recognised cycling event. An independent commission was formed to investigate doping in the port of cycling. The commission is all set to bring out a detailed report within a couple of weeks. Lance Armstrong had to visit the commission twice and this year in the month of January, Armstrong said that he is hopeful of his lifetime ban to be reduced.
Lance Armstrong also criticised Brian Cookson being the president of UCI to regarding which Cookson has said that he does not attach much importance to what Lance Armstrong would say about him and further added that like everyone, Lance Armstrong is also entitled to his own opinion.
He said that Armstrong’s visiting the commission is known to him and he said that Armstrong always has an agenda behind everything he does. Cookson refused to make any further statement until he learns in details about what Armstrong has said to the commission. Read More …
Tejay Van Gardener (BMC Racing Team) is receiving tremendous help from Lance Armstrong (former professional cyclist) for his race preparations. In an interview with the Rouleur Magazine, Armstrong said that he has been playing an important role in Van Gardener’s preparation for the Grand Tour.
Currently, Lance Armstrong has been banned from participating in any professional cycling competitions and any sports events sanctioned by USA Cycling because of doping. He was also stripped from all his Tour de France titles. In October, Armstrong was not allowed to participate in Gran Fondo Cycling Event. Read More …
With the very hope of reviving cycling from the doping menace completely, the newly elected UCI chief Brian Cookson has warned that any sport which states it doesn’t carry similar issues is simply in denial.
The reigning World Cycling President who dethroned Mr. Pat McQuaid last September swore that he won’t be shirking any side of the cycling past. However, he also noted that the doping troubles are prevalent in every sport today and if the authorities aren’t exposed to such a menace it implies that they haven’t tried enough.
“The very issue we’re dealing with right now is simultaneously prevalent in other sports as well. They might think it’s not the case but it is”, stated Cookson.
“I would say- to me there are two sections of sports: there are sports with doping issue & are striving hard to write it off. And I would say that cycling is one of the top leaders here. Then, there’re sports with the doping issue & they are just in denial regarding it”, Cookson added in. “There’s cheating, there’s doping in every sport- yet if you are in sport & you say that you aren’t into a doping issue, well, you are in denial. I am really scared, my friend.”
Under the new President’s leadership, UCI has come up with an independent doping investigation commission with the mission to ensure a controlled system for the elite riders to confess their doping incidents.
The Commission would investigate the claims forwarded by defamed cycling legend Lance Armstrong & other leading cyclists. It cost UCI a whopping 3 million USD to form the probe committee. The Commission is on discussions with WADA regarding the reduction of life ban of Armstrong in case he extends full candid support during the investigations.