Armstrong insists he was just a rider on US Postal Service team 16/07/2010
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Seven-times Tour de France winner Lance Armstrong has denied he ever owned a stake in the company behind the US Postal Service team under scrutiny by American investigators.
The investigation began after disgraced Tour winner Floyd Landis said that he and other riders on the US Postal Service team had used performance-enhancing drugs in the early to mid-2000s.
Armstrong, who has never tested positive for banned substances, has dismissed Landis's allegations.
Officials are reportedly issuing grand jury subpoenas to witnesses as part of an investigation into alleged fraud and doping, and are particularly interested in the people who financed the squad sponsored by the US Postal Service and owned by a company called Tailwind Sports.
"When the Postal Services were sponsors of the team, I was a rider on the team," Armstrong said.
"I was a rider on the team that was contracted to Tailwind Sports. I never had any dealing, any dealings with the Postal Services. Zero.
"There is a lot of information out there and being somebody that knows the situation probably better than anybody else, it's not very accurate.
"I think the most glaring thing is this misperception that I was the owner of the team. That's completely untrue."
Armstrong added: "As long as we have a legitimate and credible and fair investigation, I will be happy to co-operate but I'm not going to participate in any kind of witch hunt."
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