News
CHICAGO, IL (BRAIN) — SRAM Inc. on Thursday announced it was ending its relationship with Lance Armstrong, who used the company's components during his comeback to the sport in 2009 and 2010. SRAM also clarified that Armstrong no longer owned any share in the company.

EL DORADO HILLS, CA (BRAIN) — Just ahead of its three-year anniversary, Folsom Bike has expanded to a second location with the opening of Town Center Bike & Tri.
IRVINE, CA (BRAIN) — Felt has formed a wholly owned subsidiary in Canada, and signed a multi-year contract with its former distributor there, Spaso Sports, to be the exclusive sales and marketing agent in that territory.
MINNEAPOLIS, MN (BRAIN) — Sinclair Imports president Lance Donnell defended his right to maintain a discount website this week in response to QBP's lawsuit alleging unfair competition.

SAN FRANCISCO, CA (BRAIN) — Strava is denying responsibility for all 26 charges set forth in a lawsuit stemming from the death of a cyclist killed while using the mobile application.
NIENBURG, Germany (BRAIN) — A massive fire ripped through two warehouses at German manufacturer and distributor Hartje on Tuesday evening, destroying thousands of bicycles and bike parts and racking up millions of dollars in damages.
BEAVERTON, OR (BRAIN) — Lance Armstrong stepped down as chairman of the Livestrong Foundation on Wednesday, hours before several long-time sponsors severed ties with Armstrong, who has been slapped with a lifetime suspension from competition for doping.

MADISON, WI (BRAIN) — Trek Bicycle says the patents at the heart of Split Pivot's lawsuit are "unpatentable," and has asked that the case be dismissed. However, a judge in the case has set a date for a jury trial 15 months from now.

RICHMOND, VA (BRAIN) — Retailer Ann “Spike” Toler, a mainstay of the Richmond cycling scene who unexpectedly passed away last week at age 50, will be remembered during a tribute mountain bike ride Wednesday originating at her shop, Coqui Cyclery.

PARK CITY, UT (BRAIN) — Backcountry.com is consolidating its online bike business, closing its HuckNroll.com site and moving its mountain bike equipment sales onto CompetitiveCyclist.com.
"HuckNroll.com sold its last item at 5:59am (Tuesday)," the company announced.
BETHEL, CT (BRAIN) — Easton Cycling is licensing carbon spoke intellectual property from Topolino for some new products to be introduced next year, the companies announced Tuesday. Topolino is ending sales of its bike wheels to focus on its wheelchair wheels.
WASHINGTON, DC (BRAIN) — Imports through August are up 29 percent overall, reaching 12,470,453 bikes, 2.8 million more bikes than 2011, which was the lowest year for imports in more than a decade.
SANTA FE, NM (BRAIN) — IMBA had no trouble finding 150 riders for its final bomb down the Winsor Trail in the Santa Fe National Forest on Saturday, the last day of the association’s World Summit here.