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USA Cycling, Inc. has reached an agreement with BMC Software to create the BMC Software Cycling Grand Prix, a series of lucrative professional road races, it was announced today. The agreement and project is designed to foster growth in professional cycling and showcase the progressive values and service of BMC Software and USA Cycling, the national governing body for the sport of cycling. They will quickly become well known to the sports community. USA Cycling is excited about the project, and what the BMC Software Grand Prix cash purse can mean to American cycling. We look forward to involving event organizers, professional teams and other sponsors and television partners in this venture.