Transfer news: Gutierrez to ride for Movistar

Ivan Gutierrez will stay with his current team for an additional two years. The current Spanish national road race champion told Marca.com that he has signed with Team Movistar through 2012. Movistar is a major telephone brand owned by Telefonica and will replace Caisse d'Epargne in 2011 as title sponsor of Usebio Unzue's team.