Latest Pro Cycling News
July 29, 2022
LeBron James’ investment group invests $30M in Canyon Bicycles
Canyon Bicycles announced that two investment groups have taken strategic equity investments totaling $30 million in the Germany-based company. One of the groups, LRMR Ventures, is the investment group of basketball star LeBron James and James' longtime friend and business partner Maverick Carter. The other new investor is SC Holdings, which...
July 28, 2022
UCI suspends continental team’s licence due to doping investigation
The sanction has been imposed in response to information received by the UCI from the Portuguese Anti-Doping Authority, which is conducting the doping investigation. Consequently, W52-FC Porto cannot compete in races, and will therefore miss the Volta a Portugal next month - a race the team has won every year...
July 26, 2022
Sidi Sports bought by Italmobiliare for € 66 million
Sidi Sports, makers of cycling shoes worn by multiple cycling champions across CX, road, MTB and track, have been acquired by one of Italy’s leading investment holding companies. Italmobiliare manages a diversified portfolio of investments with a Net Asset Value of more than 2 billion euro. The business reports that the...
July 26, 2022
Shimano’s Sales Expand 15 Percent In First Half
Shimano Inc. reported net income increased 22.4 percent in the first half ended June 30 as sales grew 14.7 percent. Sales reached ¥303,686 million, up against ¥264,694 million. Operating income increased 15.7 percent to ¥80,909 million and ordinary income advanced 24.7 percent to ¥92,123 million. Net income increased 22.4 percent...
July 23, 2022
As Europe’s heat wave melts roads, Tour de France races into an uncertain future
The Tour de France has always been a test of human endurance. The cyclists cover epic distances over the course of three weeks, speeding past fields of sunflowers, bouncing along cobblestone roads and climbing dizzyingly steep mountains with frightening corkscrew descents. Washington Post
July 22, 2022
‘Lack of Support’ Shutters 2022 North American Handmade Bicycle Show; ‘MADE’ Show to Debut in 2023
Organizers canceled this year’s North American Handmade Bicycle Show (NAHBS) on July 20 after nearly a year of anticipation for its post-pandemic return. Primary organizer Don Walker announced that an unexpectedly low number of commitments from exhibitors had led to the decision. Gear Junkie
July 21, 2022
Chris Froome out of Tour de France with COVID-19
The four-time Tour de France champion pulled out of cycling’s biggest race after testing positive for COVID-19. In a video message, he said he will take a few days off and refocus on competing at the Spanish Vuelta next month. yahoo!
July 20, 2022
Here’s What You Need to Know About the Inaugural Tour de France Femmes
On Sunday, for the first time in a very long time, there will be two pelotons in Paris racing the Tour de France. The Tour de France Femmes avec Zwift begins on July 24 and runs for eight days across northeast France. The race features 144 women from 24 teams, and...
July 20, 2022
Kaitlin Armstrong pleads not guilty to murder of cycling star Anna ‘Mo’ Wilson
A yoga teacher accused of killing love rival and professional cyclist Anna Moriah Wilson before going on the run for 43 days has pleaded not guilty to first-degree murder. Attorneys for Kaitlin Marie Armstrong told a hearing in Austin, Texas, on Wednesday that she wanted to exercise her right to...
July 19, 2022
Fox sues SRAM over bleed valves on 2023 Rockshox suspension forks
In a complaint filed in the Central District of California courts on July 13, 2022, Fox Factory, Inc., is seeking damages from SRAM, LLC, for patent infringement relating to SRAM’s use of bleed ports on their latest Rockshox suspension forks. Bike Rumor
