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Nike says it has suspended its contract with double-amputee Olympic runner Oscar Pistorius

  • Olympic athlete Oscar Pistorius stands during his bail hearing at the magistrate court in Pretoria, South Africa, Thursday, Feb. 21, 2013. The lead investigator in the murder case against Pistorius faces attempted murder charges himself over a 2011 shooting, police said Thursday in another potentially damaging blow to the prosecution. Prosecutors said they were unaware of the charges against veteran detective Hilton Botha when they put him on the stand in court to explain why Pistorius should not be given bail in the Valentine's Day shooting death of his girlfriend. (AP Photo/Themba Hadebe)The Associated Press

  • FILE - In this Aug. 5, 2012 file photo, South Africa's Oscar Pistorius starts in the men's 400-meter semifinal during the athletics in the Olympic Stadium at the 2012 Summer Olympics in London. Paralympic superstar Oscar Pistorius was charged Thursday, Feb. 14, 2013, with the murder of his girlfriend who was shot inside his home in South Africa, a stunning development in the life of a national hero known as the Blade Runner for his high-tech artificial legs. Reeva Steenkamp, a model who spoke out on Twitter against rape and abuse of women, was shot four times in the predawn hours in the home, in a gated community in the capital, Pretoria, police said. (AP Photo/Anja Niedringhaus, File)The Associated Press

Nike says it has suspended the contract of Oscar Pistorius.

Pistorius, the first double-amputee runner to compete on the track at the Olympics, is facing a charge of premeditated murder in South Africa in the Valentine's Day slaying of his girlfriend.

In a brief statement announcing the contract suspension, Nike says "we believe Oscar Pistorius should be afforded due process and we will continue to monitor the situation closely."

Pistorius is a multiple Paralympic medalist, but he failed to win a medal at last year's London Olympics, where he ran in the 400 meters and on South Africa's 4x400 relay team.

Nike dropped Lance Armstrong in October 2012, but stood by Tiger Woods after he admitted to infidelities and went to rehab for sex addiction.