Watch CBS News

​Racket sponsor keeps backing Sharapova despite 2-year ban

Google's Larry Page developing flying cars; Philly considers sugar tax on soda; solar power finally gets its day in U.S.
Google founder's $100 million flying-car effort, and more MoneyWatch headlines 01:08

VIENNA - Maria Sharapova's racket supplier reinforces its support of the five-time Grand Slam champion, one day after she was banned for two years for doping.

Head CEO Johan Eliasch calls the suspension imposed by an ITF anti-doping tribunal "a flawed decision," repeating his comment that the substance Sharapova tested positive for, meldonium, shouldn't be on WADA's banned list because of a lack of scientific evidence for its supposed performance-enhancing effect.

Eliasch says his company "will continue to stand by Miss Sharapova."

Earlier, Nike also announced its continued support for Sharapova after initially putting their long-term deal on hold in March, when she revealed she failed a doping test at the Australian Open in January.

Sharapova has said she will appeal the suspension.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.