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Cycling Governing Body Agrees to Reopen Armstrong Investigation

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Oct. 29 (Bloomberg) -- Cycling’s ruling body will move forward with plans for a new panel to investigate its handling of doping after Lance Armstrong admitted cheating to win a record seven Tour de France titles.

The Union Cycliste Internationale said in an e-mailed statement it wants to examine “allegations of past wrongdoing” to restore confidence in the sport. Former riders including three-time Tour winner Greg LeMond say the UCI didn’t do enough to stop doping and catch cheats.

The UCI is adhering to a pledge of Brian Cookson, a U.K. cycling official who ousted Ireland’s Pat McQuaid as president in a vote last month. McQuaid disbanded a previous external panel in January, saying a better way to “clear the air” after the Armstrong scandal was to create a so-called truth and reconciliation panel.

Cookson will receive an annual salary of 340,000 Swiss Francs ($378,000) as president of the Aigle, Switzerland-based ruling body, which is 110,000 Swiss Francs less than McQuaid was earning, according to the UCI statement.

To contact the reporters on this story: Alex Duff in Madrid at aduff4@bloomberg.net

To contact the editor responsible for this story: Christopher Elser at celser@bloomberg.net