Latest Pro Cycling News
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September 1, 2022
QBP lays off about 50 employees company wide
Quality Bicycle Products reduced its U.S. workforce by 6% on Wednesday, cutting jobs across all departments at its U.S. facilities. The company said its U.S. and Canadian distribution centers remain fully operational. Bicycle Retailer
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August 30, 2022
Peloton Delays Filing Amid Cost-Cutting Restructure
Peloton’s issues have reached the accounting department. The company is delaying its annual 10-K filing with the Securities and Exchange Commission as it irons out details related to its ongoing restructuring effort. The comprehensive annual filing, which typically contains details not included in a company’s annual report, is required by the SEC within 60...
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August 30, 2022
Trademark filings hint at future ‘Reality’ AR/VR product from Apple
There are number of indications pointing towards a major announcement from Apple within months regarding an entirely new tech ecosystem based around a “realityOS” or “rOS.” Popular Science
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August 30, 2022
Spat at, abused and run off the road: why do some people hate cyclists so much?
Bike riders have always faced aggression from car drivers. But they now find themselves on the latest front in the culture wars – with anger whipped up by the rightwing press. The Guardian
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August 29, 2022
Mountain biker Haley Batten reaches World Championship podium twice in Les Gets
Haley Batten was aiming for a world championship podium finish this week in Les Gets, France. She captured two. Four days after helping the U.S. to a third-place finish in the cross-country team relay at the UCI Mountain Bike World Championships, Batten finished third Sunday in the elite women’s cross-country...
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August 29, 2022
Kenyan Suleiman Kangangi dies after high-speed crash at cycling event in Vermont
Kenyan cyclist Suleiman Kangangi has died following a high-speed crash in a race in the United States on Saturday. The 33-year-old, who raced for the East African based Team Amani, was taking part in the Overland gravel race in Vermont - a 59-mile dirt-road contest including almost 7,000ft of climbing....
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August 25, 2022
Peloton Q4 net loss widens to $1.2B as revenue plummets 28%
Peloton’s Q4 2022 earnings report on Thursday showed revenue dropped 28% year over year from $936.9 million to $678.7 million. Revenue from its connected fitness products fell 55% to $295.6 million, while subscription revenue grew 36% to $383.1 million. Net loss widened 297% to $1.2 billion. Retail Dive
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August 25, 2022
L39ION and Best Buddies riders suspended for remainder of season for post-race brawl
In July, a physical fight broke out at the American Criterium Cup race in Salt Lake City between Best Buddies riders Michael Hernandez and Robert Sierra and L39ion's frontman Justin Williams. The riders received fines and a 72-hour suspension on the spot, while USA Cycling launched an investigation into the...
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August 24, 2022
Is the Great Bicycle Shortage Coming to an End, or Just Getting Started?
Depending on where you live and the types of shops around you, finding the perfect bike can still be a difficult task, even if conditions are improving. The bicycle market, in particular, was acutely impacted by shortages early in the pandemic. With people slowly getting ack to normal life, the...
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August 24, 2022
Mountain bike rider Rab Wardell dies aged 37, days after winning Scottish title
Scottish Cycling confirmed on Tuesday evening that 37 year old Wardell died in his sleep of a cardiac arrest. Wardell won the elite men’s title at Kirroughtree Forest in Dumfries & Galloway on Sunday, overcoming several punctures to win on the final lap. His victory was described as a “show of...
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August 24, 2022
4 reasons fall is the best time to race
Every fall, it’s rarely too warm or too cold, there’s a fresh feeling and smell to the air, and you can’t beat the fall colours. So if you don’t have a fall race on your calendar yet, now is the perfect time to sign up and start training so you...
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August 19, 2022
Olympic Mountain Bike Silver Medalist Tests Positive for Doping
Swiss anti-doping officials provisionally suspended Mathias Flückiger after the successful cyclist tested positive for a cattle growth hormone substance called Zeranol. Flückiger’s suspension comes just ahead of the UCI European MTB World Championships. It results from a test sample collected on June 5. Gear Junkie
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August 19, 2022
Mancini sentencing delayed to November
Cycling industry investor Samuel Mancini, who was originally scheduled to be sentenced Aug. 17 after pleading guilty to one count of securities fraud, will now be sentenced on Nov. 17. Mancini was the director of a Denver-based fund that planned to invest in several well-known Italian cycling brands. He was...
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August 14, 2022
Owners sells American Cycle & Fitness to Trek Bicycle
Co-owner Michael Reuter and Kenny Stonehouse are selling their eight-store retail chain, American Cycle & Fitness, to Trek Bicycle. The transition will be complete by mid-October and Trek reps are already present and planning for the future with the staff. Bicycle Retailer
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August 12, 2022
Peloton to cut nearly 800 jobs, raise prices amid declining sales
Peloton will embark on a sweeping overhaul that includes cutting nearly 800 jobs, raising prices for its Bike Plus and Tread machines, and outsourcing functions such as equipment deliveries and customer service to outside companies. The changes, which the company disclosed Friday in a memo to employees, also includes gradually...
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August 12, 2022
Peloton must face lawsuit claiming it misled over “ever-growing” classes, judge rules
The class-action lawsuit was filed on behalf of customers who were angered by the company's decision to cut its number of exercise classes while continuing to market its service as offering an "ever-growing" library of classes. The lawsuit was filed in 2019 by the National Music Publishers Association over its alleged...
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August 11, 2022
Zwift’s future direction: A doubling-down on project innovation and, eventually, VR headsets and AR
His answers are deliberately vague but Zwift CEO Eric Min has hinted at the future directions the company and the platform may take, including new product innovation and, in a matter of years, the possibility of virtual and augmented reality enhancing the riding experience. Velo News
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August 8, 2022
Are gravel races too challenging to broadcast?
When Life Time launched its Grand Prix series in the spring, it not only formalized a calendar for off-road and gravel cyclists and gave them an enticing $250,000 prize purse to compete for, more importantly, Life Time gave fans a season cast of 60 hand-selected diverse competitors to follow and...
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August 5, 2022
Fox Factory announce 28.1% bike division sales boost in Q2
Q2 financial results from Fox Factory Holding Corp. today highlighted a sales increased 23.9% to $406.7 million, compared to $328.2 million in the same period last fiscal year. Gross profit increased 28.7% to $142.9 million, compared to $111.1 million in the same period last fiscal year. This increase reflects a...
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August 5, 2022
E-Bike Battery Explosion Kills 2 in New York Apartment Blaze
A 5-year-old girl and a 36-year-old woman died Wednesday from an apartment fire ignited by an exploding e-bike battery, the New York City Fire Department said. Another person — the girl’s father — was left in serious condition, and a firefighter was also taken to the hospital, CBS News reported....
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August 3, 2022
E-bikes Changing the Channels
The recent Eurobike event, held live in July in Frankfurt Germany, all but confirmed things: e-bikes are still booming and remain an opportunity. “This year you’d have been forgiven for thinking Eurobike was an e-bike show,” reported Will Jones for Cyclingnews. Inside Outdoor
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August 3, 2022
Tour De France Femmes Proves TV Hit As Viewing Figures Released
The eight stages captured, on average, a quarter of the French television audience, a total of 2.25 million viewers across the channels France 2 and France 3 and a total of 20 million people watching across the entire race. The peak was 5.1 million viewers, a 45.6% audience share, for...
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August 3, 2022
Driver who killed two cyclists during charity ride “didn’t understand severity” of incident, says prosecutor
A motorist who crashed into a group of cyclists taking part in a charity ride in Michigan, killing two and seriously injuring three others, failed to understand the severity of what had happened, a prosecutor has said. The five cyclists were taking part in the 35th edition of the Make-A-Wish...
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August 2, 2022
‘Team Molly’ Parents Sue E-Bike Company Over Daughter’s Death
The parents of a girl who died after an e-bike accident filed a wrongful-death lawsuit Monday against the Seattle e-bike company Rad Power Bikes. In the suit, Kaye and Jonathan Steinsapir, the parents of Molly Steinsapir, who died last year at age 12, claim that flaws in the bike’s design...
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August 2, 2022
Porsche eBike Performance GmbH launches into cycling market
If there were any remaining doubt about how serious performance vehicle manufacturer Porsche is about eMobility, that has been officially ended with the launch of Porsche eBike Performance GmbH. The car maker announced it, “wants to increase its activities in the eBike segment. To this end, two joint ventures founded...