Cycling club severed tie to spicy stuff (7)

I believe the answer is:

tabasco

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'spicy stuff' is the definition.
I know that 'spicy' relates to this answer. I also know that both the answer and definition are singular nouns

I don't understand the remainder of the clue.

Can you help me to learn more?

(Other definitions for tabasco that I've seen before include "Spicy pepper sauce" , "Hot peppery sauce" , "ASBO Act (anag) - hot stuff!" , "A hot spicy sauce" , "Mexican state; pungent sauce" .)

I've seen this clue in the Sydney Morning Herald.

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