Phonak stops

The Phonak cycling team will be disbanded at the end of the year, the team confirmed in a press conference today. Team owner Andy Rihs, who was looking to hand over the sponsorship to iShares, a division of Barclays Bank, which will now not happen, said that the deciding factor in the decision was the doping case involving Floyd Landis, as well as the uncertainty with regard to the renewal of the ProTour licence that expires at the end of this year.

"As a passionate cyclist, I am bitterly disappointed that the sport of cycling apparently has become a synonym for doping," said Rihs. "I truly regret this development and it has brought me to the decision of disbanding the Phonak Cycling Team per the end of 2006."