Riis-owned company Riis Cycling A/S, which runs WorldTour Team Saxo-Tinkoff, has been bought by Tinkoff. Tinkoff's bank ended its sponsorship of Team Saxo-Tinkoff at the conclusion of the 2013 season citing conflicts between Tinkoff and team captain Alberto Contador who delivered substandard performances in 2013.

Michael Rasmussen's book hits the shelves and the effects are felt by the peloton.

Danish rider Michael Rasmussen admitted Thursday that he took performance-enhancing drugs for more than a decade, the latest cyclist to acknowledge doping since Lance Armstrong's confession this month.

Did someone say a Spanish Inquisition?

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.

It was an interesting mix of new gadgets and drama this week.