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Lance Armstrong will be otherwise occupied during this year's Tour de France in July.
The seven-time Tour champ will host the 14th annual ESPY Awards, to be held July 16 in support of the V Foundation for Cancer Research and, as a first, the Lance Armstrong Foundation, officials for ESPY have announced.
Armstrong, 34, is the first athlete to host the ceremony – which recognizes leading sports performances and athletes – though he has plenty of ESPY experience. He has been named best comeback athlete in 2000, best male athlete the last three years and is considered a likely contender to be nominated this year for his final Tour de France victory.
Regarding the medical groups' sponsorship of the show, Armstrong is a survivor of testicular cancer. He also spoke out this weekend after it was announced that his former fiancée, singer Sheryl Crow, 43, underwent surgery for breast cancer on Wednesday.
In a statement released to PEOPLE, Armstrong, said, "I was devastated to hear this news. Once again I'm reminded of just how pervasive this illness is as it has now touched someone I love deeply."