CSC to End Cycling Sponsorship

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Computer Sciences Corp. said Thursday that it will not renew its eight-year sponsorship of Team CSC after this year. It is the latest company to abandon cycling in the wake of a string of doping scandals.


The decision comes after team manager Bjarne Riis admitted last year that he used performance-enhancing drugs during his career, including when he won the 1996 Tour de France.


“We will continue to support the team and exercise our sponsorship rights during the 2008 race season,” CSC spokesman Henrik Bo Pedersen said. “At the same time, we are committed to helping the team secure a new title sponsor.”


T-Mobile and Discovery Channel both ended their team sponsorship deals last year following doping revelations.


Shares in CSC closed down 1.8 percent to $41. CSC is moving its headquarters from El Segundo to Falls Church, Va.

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