Italian Ivan Basso has extended with Team Liquigas for another two years. Allegedly, he did so after his former team, Saxo Bank, made him another offer. Basso has signed with the team through 2012, with the option for a third year. He has been with Liquigas since returning from a two-year doping suspension. Team Saxo Bank had to withdraw their offer because of lack of sponsors and other financial difficulties.