Promotions company to sue Lance Armstrong for $12m

Cyclist recently admitted doping throughout his seven Tour de France titles

Armstrong used his interview with Oprah to open up about his doping (AFP)

A Dallas promotions company says it will sue Lance Armstrong to recover more than $12m US dollars it paid him in bonuses for winning the Tour de France seven times.

SCA Promotions tried to withhold the bonuses in 2005 amid doping allegations against the cyclist. The company wants its money back, plus fees and interest, now that Armstrong has admitted he used performance-enhancing drugs and has been stripped of those victories.

Armstrong testified under oath in 2005 that he didn't use steroids, other drugs or blood doping methods to win. A spokesman for SCA says the lawsuit will be filed in Dallas.

Armstrong attorney Tim Herman did not immediately respond to messages seeking comment.

AP