Latest Pro Cycling News
-
November 19, 2021
Auto interest in electric bikes grows as Porsche buys Greyp
GreyP Bikes has announced that Porsche has upped its stake in the business from ten percent to a holding that gives it a majority control of the company. Porsche first took an interest with its early stake in 2018 via its investment vehicle Porsche Ventures. The initial stake was acquired...
-
November 19, 2021
Busted: Police Capture Massive $1.5M Bike Theft Ring
On Wednesday, a grand jury indicted eight individuals for causing $1.5 million in damage to bikes and vehicles during a crime spree in Colorado’s Front Range. They face a total of 227 counts, ranging from burglary to first-degree theft.
-
November 17, 2021
300 Minutes a Week of Moderate Exercise May Help Ward Off Cancer
More than 46,000 cancer cases in the United States might be prevented each year if almost all of us walked for about 45 minutes a day, according to an eye-opening new study of inactivity, exercise and malignancies. The study, which analyzed cancer incidence and the physical activity habits of nearly 600,000...
-
November 17, 2021
Peloton Sues Rivals Over Alleged Patent Infringement
Peloton has filed lawsuits against rivals Echelon and iFit over alleged patent infringement related to the company’s on-demand fitness classes. Known for its at-home bikes and treadmills, Peloton is seeking compensation and a court order that would prevent Echelon and iFit from selling their alleged patent-violating products until the patents...
-
November 16, 2021
Peloton Soars After Stock Offering Attracts Major Investors
Peloton Interactive Inc. jumped as much as 15% after a $1 billion stock offering drew the interest of major investors, a sign Wall Street is ready to look past a grim forecast earlier this month. The shares rose as high as $54.45, marking the biggest intraday gain since March. The...
-
November 11, 2021
Richard Branson, 71, shows off gruesome injuries from ‘colossal cycling crash’ and reveals his helmet saved his life after his brakes failed during British Virgin Islands charity bike ride
Sir Richard Branson has suffered a 'colossal' bicycle crash after his brakes failed while taking part in an endurance charity race across the British Virgin Islands this week. The 71-year-old billionaire feared he had broken his back after colliding with another rider during day two of the Strive BVI event...
-
November 10, 2021
World Triathlon and RaceRanger team-up on anti-drafting tech
World Triathlon has teamed up with RaceRanger, an electronic sensor system designed to improve fairness around the issue of drafting on the bike section of non-drafting triathlons, which make up approximately 85% of triathlon competitions globally. Endurance.Biz
-
November 10, 2021
Black Employees at Peloton Are Voicing Concerns Over Pay Disparity
Insider published an investigation detailing some Black employees' concerns over pay disparity at Peloton. The report, published on Nov. 3, was based on interviews with four Black current and former Peloton employees speaking under the condition of anonymity, as well as Insider's access to inside communications (screenshots of Slack conversations,...
-
November 9, 2021
Peloton Introduces Peloton Guide, First Connected Strength Product
NEW YORK, Nov. 9, 2021 -- Peloton (NASDAQ: PTON) today announced its first connected strength product, Peloton Guide. The AI-enabled device easily connects to televisions, providing Members instant access to a suite of expert Instructors and the well-loved Peloton content library. Peloton Guide is Peloton's most accessibly-priced hardware product yet and will include the new Peloton...
-
November 9, 2021
Teen Driver Who Hit Cyclists While ‘Rolling Coal’ On Them Faces Felony Charges In Texas
Waller County, Texas, officials announced felony charges on Monday against a 16-year-old pickup driver accused of crashing into a group of cyclists while trying to blow exhaust on them. The collision sent four bicyclists to the hospital. HuffPost
-
November 8, 2021
Fox Factory’s Cycling Segment Scores Sixth Straight Record Quarter
Fox Factory Holding Corp. said its Specialty Sports Group (SSG), its cycling component division, soared 48.1 percent in the third quarter despite continuing supply chain constraints. Officials said with the current pace of industry demand, it expects it will take eight to 10 months to meet the current customer demand...
-
November 8, 2021
Planet Fitness Brings In Highest Franchise Revenue Ever
Planet Fitness surpassed third-quarter estimates by 13.62%, reaching $154.26 million in revenue compared to $105.38 million the year prior. The national gym chain recorded a net income of $18.6 million, up from a $3.3 million loss during the same period last year. Front Office Sports
-
November 5, 2021
Peloton freezes hiring after it slashes its forecast and shares drop 35%
Peloton halted hiring across all departments effective immediately during an all-hands meeting on Friday, CNBC has learned. The news comes a day after after Peloton slashed its full-year outlook amid slowing momentum for its fitness products. Peloton dropped 35% on Friday, wiping off more than $9 billion off its market value....
-
November 3, 2021
Strava Appoints Lily Yang as Chief Financial Officer
ang will be responsible for overseeing the finance and legal organizations to support Strava's continued growth and business in over 195 countries worldwide. Prior to joining Strava, Lily served as Chief Accounting Officer at Pinterest, where she drove performance and profitability initiatives, partnering with key stakeholders to launch in 30...
-
November 3, 2021
Tuck Bike literally reinvents the wheel w/ full size folding bike AND folding wheels!
File this under things I didn’t expect to be writing about today—a full-size folding bike that also includes folding wheels. That’s right, the new Tuck Bike has wheels (and tires) that fold up into thirds. That makes it possible to create a full-size bike that folds down into the size of...
-
November 3, 2021
Cardio Before Weight Lifting May Help Boost Muscle
Riding or running before you lift weights could amplify the effects of the lifting, according to a helpful new study of the molecular impacts of combining endurance and resistance exercise in a single workout. Scientifics Reports
-
November 2, 2021
Does the future of US racing include jerseys with rider names and numbers?
Into the Lion's Den provided a regional-teams blueprint of what promoters say is the way forward for criterium racing. Velo News
-
November 2, 2021
Peloton Takes Flight With Delta
Peloton is making its classes available outside its app or hardware for the first time through a deal with Delta Air Lines. Delta is now offering five classes that Peloton produced exclusively for the airline to assist passengers with stretching, relaxing, meditating, or falling asleep. Front Office Sports
-
October 31, 2021
From Nike to Peloton, Supply Chain Issues Unavoidable
Global supply chain issues have affected major corporations, forcing them to rethink their manufacturing strategies. Some companies have even considered shifting to a more domestic approach. Read more to understand the current predicament corporations are faced with. Front Office Sports
-
October 29, 2021
Romanian police recover Italy’s stolen gold Pinarello track bikes
A week after the Italian national track team had 22 bikes stolen from their hotel at the UCI Track World Championships in Roubaix, Romanian police have recovered the several hundred thousand Euro haul in their country. The Pinarellos, which included four gold bikes used by Filippo Ganna and his gold medal-winning team pursuit teammates,...
-
October 27, 2021
Shimano sales up 54% through first 9 months
Sales in Shimano's bicycle division were up 54% in the first three quarters of the company's fiscal year, compared to the same period last year. "Strong demand for bicycles remained at high levels in all markets, against a backdrop of the global cycling boom, triggered by the spread of COVID-19,"...
-
October 27, 2021
Oblivious spectator run over in scary caught-on-camera cycling crash
Police are investigating a collision that occurred near the end of the Cicloturista Condaca Salmor Bike Race, which takes place in the Canary Islands, between an unnamed cyclist and a spectator who inexplicably crossed into the road. Video of the incident shows the woman looking down on her phone as...
-
October 26, 2021
Cyclist survives mauling from brown bear in Alaska
The cyclist in a rural borough of Alaska managed to survive after he dropped to the ground to cover his head, kicking at the bear. Alaska Wildlife Troopers were notified of the attack after a man who was cycling along the Jack River noticed from 30 feet away that the bear...
-
October 19, 2021
Scott Morris responds to SafeSport suspension and USA CRITS departure
Former USA CRITS managing director says newspaper clipping from 15 years ago - 'something I was found not guilty of' - was the cause for his SafeSport suspension. VeloNews
-
October 18, 2021
USA Crits teams and races withdraw after managing director dismissed over SafeSport ban
USA Crits teams L39ION and Aevolo Cycling have both announced that they won't compete anymore in the series, while partner races Boise Twilight Criterium and Tulsa Tough have both discontinued their association with the national series too, following the recent suspension regarding USA Crits' long-time managing director, Scott Morris over...