With a little over a month to the start of the 2009 racing season, the bankruptcy and embezzlement scandal at IT Factory leaves Bjarne Riis and the Saxo Bank team with a budget that is almost half of that expected.

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Time to get out the cold weather gear! Here at BWN Headquarters, the sun came out long enough today to drop below the horizon. Here’s the latest news:

Ivan Basso had his official team presentation with Liquigas yesterday and says that he is ready to race. He’ll compete at the Japan Cup on October 26th, then [...]

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I just realized that I’ve been focusing on the close of the Vuelta and all of the new product announcements that have been coming through and haven’t covered the racing world for a while. Here are some of the latest headlines.

World Championships News:

Levi Leipheimer will lead the US contingent of Steven Cozza, Lucas Euser, Tyler Farrar [...]

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The Olympics are quickly approaching and riders are dropping out of the competition like flies. Sergio Paulinho, the sole representative for Portugal has dropped out of of fears that the pollution conditions in Beijing would irritate his allergies. Vladimir Gusev, dropped from Astana last month as a result of “irregular values” detected by its internal [...]

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It was no surprise to hear this morning that Damiano Cungeo dropped out of the race overnight. After his third (and worst) crash, the injuries were just too much.
Today’s stage is a little shorter and flatter than what they’ve encountered in the past week or so. It’s just 163km with two mountains near the start [...]

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