Lance Armstrong has been fined 10million US dollars (£6.5m) for lying about his use of performance-enhancing drugs following an arbitration panel hearing into his case with SCA Promotions
Lance Armstrong
New York: Lance Armstrong has been fined 10million US dollars (£6.5m) for lying about his use of performance-enhancing drugs following an arbitration panel hearing into his case with SCA Promotions.
Lance Armstrong
Dallas-based SCA Promotions was forced to pay Armstrong 7.5m dollars in 2006 after an arbitration process over disputed payments relating to his seven Tour de France victories.
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However, Armstrong has since admitted to doping in all seven of his Tour wins and was found to have lied in proceedings, leading
to the payout.
A statement from SCA Promotions read: "Lance Armstrong was hit with a record-breaking 10million-dollar sanctions award by the arbitration panel hearing his dispute with Dallas-based SCA Promotions, Inc.
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