In a press statement from Team CSC today, it has finally been made official.

Team CSC and Ivan Basso have decided to terminate their contract by mutual agreement.

“After all that has happened, especially this summer, Team CSC and Ivan Basso have agreed to part ways. It has been a very difficult decision, but both parties agree it is time to move on. We would like to take this opportunity to thank Ivan for his time with the team and for the great results he and the team have achieved together. At the same time, we wish him all the best for the future,” says Bjarne Riis.