Lance+Armstrong+asked+to+repay+%247.5m+bonus+to+insurance+firm+++
Tuesday, 23 October 2012 - 9:00
Lance Armstrong asked to repay $7.5m bonus to insurance firm
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A Texas insurance company is demanding the return of 7.5 million dollars in bonuses from cyclist Lance Armstrong.

SCA Promotions covered a performance bonus paid to the American after he won his sixth Tour de France in 2004.

Now that the International Cycling Union has stripped Armstrong of his seven Tour titles, SCA will demand the money back from Armstrong.

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