In the wake of the doping scandal, and being dropped by sponsors left and right, the latest move against Armstrong comes from the charity he founded to help fight cancer. Armstrong lost his seven Tour de France titles after the U.S. anti-doping agency released evidence that Armstrong and his teammates used performance enhancing drugs while racing on multiple occasions. Livestrong, previously known as The Lance Armstrong Foundation will now only be known as The Livestrong Foundation to disassociate the organization publicly from Armstrong’s actions. Armstrong had previously stepped down as chairman, and resigned from the board of directors. It is the
latest in very public moves to separate companies from the tarnished image that now goes along with Lance Armstrong’s name.