Posted: Sunday, January 20, 2013 -- 6:37 a.m.
MILWAUKEE (AP) -- Officials at Trek Bicycle Corp. say they are monitoring the developments of Lance Armstrong's statements.
In a two-part interview with Oprah Winfrey, Armstrong admitted using performance-enhancing drugs when he won seven straight Tour de France titles.
Armstrong rode Trek bikes during those wins. The Waterloo-based company dropped him last fall.
The company released a statement after the second part of the interview aired Friday night.
It said they were hopeful for the future of clean cycling and don't plan to "re-engage" with Armstrong. The statement said they "will monitor the developments of his statements." A Trek spokesman didn't immediately answer an email or call Saturday seeking clarification.
The Milwaukee Journal Sentinel reports some prominent sponsors may try to recover money paid to Armstrong while he was doping.
Copyright Associated Press 2013