Team Phonak is folding at the end of the 2006 season in the wake of the Landis situation. The teams new sponsor, I-shares has pulled out. Phonak team owner Andy Rihs had this to say as reported in VeloNews,..
"As a passionate cycling fan, I am bitterly disappointed that the sport of cycling has apparently become a synonym for doping," Rihs said in a statement during a press conference Tuesday morning in Zürich. "I truly regret this development and it has brought me to the decision of disbanding the Phonak team at the end of 2006."
How things changed for Landis and team Phonak in a matter of a few days..
"Three weeks ago, we were the winners of the Tour de France, we were overjoyed, the sponsors were queuing up to join us ... and then suddenly this blow," Rihs said. "Today I see myself forced to do something I have never done in my whole life as a businessman: I have given up."
I don't think it could be much worse for sport either no matter what happens with Landis in court.