Latest Pro Cycling News
December 12, 2022
Puma Private Equity invests a further £5.5 million into Le Col
Le Col, the premium cycling performance brand, are pleased to announce that Puma Private Equity, has invested a further £5.5 million into the business to support its long term growth trajectory. Puma Private Equity offers growth capital and expertise to ambitious businesses and works closely with leadership teams to help...
December 12, 2022
Private equity investors to acquire majority stake in Vittoria
Vittoria has announced that private equity investors Telemos Capital have signed a binding agreement to acquire a majority stake. London headquartered Telemos will invest alongside Vittoria’s senior management team and Wise Equity to build on the company’s leadership position in performance tyres and to accelerate Vittoria’s growth globally. Cycling Industry
December 12, 2022
What Year-End Data From Strava Says About Cyclists
It arrives this time every year: your personal Strava Year-In-Review, a record of the best annual stats from all your rides. Additionally, the data geeks over at Strava release an annual report of the global data that paints a picture of riding trends all over the world. Here are some...
December 9, 2022
Rad Power Bikes suffers a third round of layoffs
North America's largest e-bike company, Rad Power Bikes (opens in new tab), is currently conducting its third round of layoffs in a year filled with lawsuits, manufacturing defects, layoffs and a market downturn. Cycling Weekly
December 8, 2022
How one race is trying to zero out emissions
Bikes are thought of as a green mode of transportation, but a bike race and all the vehicles around it can almost at first glance seem like the antithesis of sustainability. The cycling community is starting to take its environmental impacts and carbon footprint seriously. Velo News
December 7, 2022
Cyclist Gwen Inglis’ family awarded $353 million verdict in civil lawsuit against driver
Michael Inglis, the husband of late cyclist Gwen Inglis, was awarded a $353 million verdict in the civil lawsuit against Ryan Montoya, the driver who struck and killed her on May 16, 2021. Montoya pled guilty to vehicular homicide-driving under the influence last April and was sentenced to eight years...
December 7, 2022
Cycling industry layoffs: Strava and Wahoo cut 15% of workforce
According to Bicycle Retailer and Industry News(link is external), Strava — the ride-tracking app which claims to have the world's largest sports community of more than 100 million users — has let go at least 40 employees, including product designers and product managers. One former employee told the cycling industry news website that 14 per...
December 6, 2022
Peloton Execs Sued for Alleged Insider Trading
A Peloton shareholder is suing some of Peloton’s former and current executives claiming they engaged in insider trading, according to a Nov. 18 filing made public on Nov. 28 and first reported by Bloomberg Law. Club Industry
December 5, 2022
Sportswear manufacturer Cytech acquires Pasasport
The buyout brings together two manufacturers with a history of innovation in the production of performance cycle clothing, Cytech introducing at Eurobike this year the world’s first 3D printed chamois pad. More than 90 per cent of the company’s turnover is generated in foreign markets and its products are sold...
December 5, 2022
Campagnolo releases $2000 24-karat gold Big Corkscrew
To celebrate the iconic design, Campagnolo is releasing a limited edition Big Corkscrew plated in 24-karat gold as well as an 18-karat rose gold version. The price, as you can imagine, reflects the lustrous coating. Velo News