Los Angeles, Mar 9 (EFE).- Film studio Warner Bros. has acquired the rights to an untitled project about the rise and fall of American former road cyclist Lance Armstrong, a subject that Paramount Pictures also is planning to bring to the big screen. The project is being developed by Atlas Entertainment's Charles Roven and Alex Gartner and will be scripted by Scott Z. Burns and directed by Jay Roach, entertainment blog Deadline reported.

Lance Armstrong was facing two more lawsuits on Friday spawned by his admission that all seven of his Tour de France victories were fueled by banned drugs. The Nebraska-based Acceptance Insurance Company sued Armstrong and Tailwind Sports Corporation claiming he committed fraud by concealing his use of performance enhancing drugs during the 1999, 2000 and 2001 Tours.

Lance Armstrong was facing two more lawsuits on Friday in the wake of his admission that all seven of his Tour de France victories were fueled by banned drugs. The Nebraska-based Acceptance Insurance Company sued Armstrong and Tailwind Sports Corporation claiming Armstrong commited fraud by concealing his use of performance-enhancing drugs during the 1999, 2000 and 2001 Tours. Armstrong was also sued in federal court in Los Angeles on Thursday in a class-action lawsuit claiming Armstrong and FRS -- a maker of nutritional supplements -- engaged in false advertising.

The anti-cancer charity founded by disgraced US cyclist Lance Armstrong will survive despite the doping scandal that forced Armstrong out of the organization, Livestrong Foundation's boss said Thursday. "Will the Livestrong Foundation survive? Yes. Absolutely yes," Andy Miller, head of Livestrong operations, said in what was billed as a "major" speech at the foundation's annual meeting in Chicago. "Our work is too meaningful, our role too unique, the need too great, to stand for any other answer."