Cycling's governing body, UCI, agreed Monday to strip Lance Armstrong of his seven Tour de France titles and ban him for life, following a report from the U.S. Anti-Doping Agency that found him guilty of leading a massive doping program on his teams.

Dutch bank Rabobank is ending its long sponsorship of professional cycling, stating "the trust in the cycling world has gone" following publication of the U.S. Anti-Doping Agency's report detailing performance-enhancing drug use by seven-time Tour de France champion Lance Armstrong.

Johan Bruyneel intends to fight charges he was a central figure in doping programs within Lance Armstrong's teams provided his defense hasn't been what he refers to as "permanently prejudiced" by the U.S. Anti-Doping Agency's accusations.

Members of the British cycling team Sky will be sacked unless they sign a document saying they have never doped, the team said in a statement to the press.

Earlier today Trek Bicycle - a long time supporter of Lance Armstrong - announced that it has chosen to terminate its longterm relationship with Lance Armstrong.

Lance Armstrong stepped down as chairman of his Livestrong cancer-fighting charity and Nike severed ties with him as fallout from the doping scandal swirling around the famed cyclist escalated further earlier today.

Lance Armstrong's former physician has denied accusations that he masterminded the doping habits of the cycling great and other riders.

American rider Levi Leipheimer has been fired by the Omega Pharma-QuickStep cycling team after confessing to doping as part of the USADA investigation that brought down Lance Armstrong.

Showing character doesn't mean you are perfect.

Lance Armstrong's former manager Johan Bruyneel was forced to leave the RadioShack-Nissan team earlier today after being singled out as a central figure in the former Tour de France champion's doping program.