Latest Pro Cycling News
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December 20, 2022
CPSC ‘urges’ e-bike importers and manufacturers to comply with UL standards
The Consumer Product Safety Commission urged manufacturers and importers of e-bikes and other micromobility devices to comply with relevant safety standards, including UL's 2849 standard. The CPSC said it sent the letter to more than 2,000 manufacturers and importers on Monday. Bicycle Retailer
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December 19, 2022
Fallout from the Pandemic Bike Boom
A month after lockdowns had them wondering about their future in the spring of 2020, they suddenly couldn’t keep up with demand. For a year and a half, staff worked overtime as Americans rolled out their dusty steads or bought new ones. A 50 percent increase in riding, plus supply...
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December 19, 2022
Peloton Promises to Crack Down on Explicit Spam Accounts
The home-fitness streamer Peloton Interactive Inc. has promised to crack down on spam accounts featuring explicit images in their user display fields. The statement said that such images directly violate the company’s terms of service, and that it’s working to block the accounts. Bloomberg
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December 15, 2022
Cycling Innovation Accelerator: Unique support for start-ups and innovators
A team of seasoned industry experts is offering their combined knowledge, expertise, and guidance – launching Cycling Innovation Accelerator (C.I.A.) – offering unique support for start-ups and innovations in the bike world, accelerating the success of strong ideas. The C.I.A. is looking for fresh founders, start-ups, ingenious minds and small...
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December 15, 2022
Bicycle Colorado is acquiring the nonprofit Colorado Cycling
To connect with the thousands of riders who participate in competitive and noncompetitive bike events in Colorado, Bicycle Colorado will be acquiring the nonprofit Colorado Cycling (formerly known as the Bicycle Racing Association of Colorado). Beginning in January 2023, the Colorado Cycling brand will be retired, and its operations will...
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December 15, 2022
Zwift Levies Ban Against Digitally Doping Rider
The race in question took place in mid-November for European and African riders trying to qualify for the UCI Cycling Esports World Championship, and after a three week investigation, rider Eddy Hoole has been banned from Zwift for six months for manipulating his data during the final climb of the...
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December 14, 2022
Can an NFT generate real world bike sales?
For those of us still firmly grounded in the real world, the question (even as digital natives) is, “Does any of this positively impact our cycling business?” For Zwift, with the academy, the answer is a 100% positive “Yes”. Add to that TrainerRoad, Sufferfest, Rouvy, RGT and there’s not much...
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December 12, 2022
Pinarello could be up for sale after banner years
The Italian bicycle maker Pinarello could be getting a new owner in 2023. L Catterton, the private equity firm who acquired the majority stake in 2016, are reportedly seeking offers for Pinarello after it almost doubled turnover since the acquisition. Cycling News
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December 12, 2022
Life Time responds to Sea Otter petition, changes start times for women’s cross-country race
Life Time, the parent company of the Sea Otter Classic, has said they are changing the start format of the Fuego 40km cross-country mountain bike race in 2023. The changes come less than two weeks after Hayley Yoslov started a petition, Let Women Ride: Improve Gender Equality in The Sea Otter...
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December 12, 2022
Specialized ends contracts with dozens of paid ambassadors
Some of Specialized's longtime adventure athletes like Sarah Swallow and Ty Hathaway were let go last week; they say the brand is cutting the entire ambassador program. VeloNews
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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...
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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
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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...
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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
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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
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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...
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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...
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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
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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...
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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
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December 2, 2022
Former Amazon executive joins Zwift as co-CEO with founder Eric Min
Zwift founder Eric Min announced Friday that he will become co-CEO, sharing duties with former Amazon executive Kurt Beidler. Min, who has been CEO since Zwift's founding in 2014, said Beidler's hire came after "a long search." Min will also remain chairman of Zwift's board of directors. Bicycle Retailer
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December 1, 2022
Wahoo Fitness Dismisses Smart Trainer Lawsuit Against JetBlack, Sets Timetable Against Zwift
Wahoo initially filed suit against Zwift/JetBlack back on October 3rd, the same date that Zwift started shipping the trainers into the US & European markets (Zwift previously announced the Zwift Hub on September 6th, 2022). Zwift currently doesn’t sell the trainers in any other markets at this time except the...
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November 30, 2022
UCI bans team cars from following time trial riders too closely
Tthe UCI has ruled that cars must now follow riders at 15 metres rather than 10 as before, although it is not known how commissaires will measure this in race. Cyclingnews spoke to an aero expert, Richard Kelso, an Adjunct Associate Professor at the University of Adelaide, who explained that the...
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November 30, 2022
Tour de France will skip Paris finale in 2024
For the first time in race history, the Tour de France will not conclude in Paris in 2024. The final stage of the Tour has always been in Paris (or in nearby suburbs), and since 1975 the final stage has ended on the Champs-Élysées. La Gazzetta reports that an official...
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November 29, 2022
Wattbike secures £3.25m for global growth
Wattbike has partnered with Praetura Commercial Finance to help fund its ambitious global expansion plans. The £3.25 million asset-based lending facility will help the team invest in its Hub App, which works in tandem with its indoor exercise bikes, as well as target key global territories in the North America...