Lance Armstrong facing loss of 7 Tour de France titles
Posted: Aug 24, 2012 10:08 AM EDT | Updated: Nov 6, 2014 7:45 AM EDT

Seven-time Tour de France winner Lance Armstrong is throwing in the towel.
He's giving up his fight against doping accusations. Armstrong faces losing all of his titles since 1998 and a ban from competitive cycling for life.
This decision came just days after a federal court in Texas dismissed his lawsuit seeking to stop the U.S. anti-doping agency investigation.
Armstrong has long denied using performance enhancing drugs and has never tested positive in his career.
He said his decision is not an admission of guilt.