Anheuser-Busch to End Sponsorship with Lance Armstrong

Photo courtesy of Creative Commons

Anheuser-Busch follows Nike Inc. as the latest sponsor to end its endorsement contract with Lance Armstrong.

“We have decided not to renew our relationship with Lance Armstrong when our current contract expires at the end of 2012,” Paul Chibe, vice president of U.S. Marketing for Anheuser-Busch, said in statement. “We will continue to support the Livestrong Foundation and its cycling and running events.”

The decision follows a report released last week by the U.S. Anti-Doping Agency that included testimony from former Armstrong teammates and doctors who said they witnessed illegal doping by Armstrong.

Read more at the St. Louis Business Journal.


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