Latest Sports Breaking News
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March 2, 2023
Should the bike industry fear a takeover from the auto industry?
The number of brands and bike models and sizes per brand is mind boggling. There is a lot of change every season and trends come and go fast. With this setup, the effort for one bike model will naturally be lower than for a car model that will be in...
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March 2, 2023
Netflix Unveils First Trailer for Tour de France Series
The trailer debuted during a keynote from Netflix Co-CEO Greg Peters during Barcelona’s Mobile World Congress this week. Escape Collective tweeted out the trailer on Tuesday, which you can watch below. The series is titled Tour de France: Unchained in the U.S., and will likely air this summer, shortly before the 2023...
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March 2, 2023
Running’s Media Rules Keep Its Fan Base Small
Last month, the upstart running media brand New Generation Track and Field posted a 12-minute video on its YouTube channelfeaturing sprint phenom Abby Steiner, who was in New York City for the 2023 Millrose Games. Most of the footage shows Steiner in the days and hours before the meet: We...
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March 1, 2023
Fast-growing e-bike company Velotric raises $7.4M USD Series A
Velotric, a leading innovator in the electric bike market, announced today that it has successfully raised a $7.4 million USD Series A round, bringing the total raised to $12 million USD in its first year. Funding has come from Redpoint China Ventures, Fosun RZ Capital, Uphonest Capital, and Lime Cofounders...
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February 26, 2023
Multiple people wounded after Cameroon marathon bombing
More than a dozen people were injured on Saturday during a series of explosions that went off at the start of the Mount Cameroon Race of Hope. An English-speaking separatist group claimed responsibility for the attack. The Race of Hope is an annual event held in Buea, a city in...
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February 26, 2023
Jury says Princeton Carbon Works wheels don’t infringe on SRAM’s patents
Princeton Carbon Works prevailed after a two-week jury trial in which SRAM LLC had accused the company of infringing on two patents for aero wheels. In its complaint filed in the U.S. District Court for the Southern District of Florida nearly two years ago, SRAM said that the wavy rim shape on...
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February 24, 2023
Apple Watch Running Track Mode Expands To More Countries
Apple has expanded their Apple Watch running track mode to more countries. This mode will automatically detect the running track as you step onto the track, offering to enter/trigger track mode (assuming you’re in the workout app). Further, the mode automatically knows how many running lanes are at each track. The...
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February 24, 2023
Garmin reports 71% profit fall in cycling and fitness business as pandemic bubble bursts
Leading US tech brand Garmin has reported a 71% drop in operating profit across its cycling and fitness division in 2022 as the pandemic bubble burst, the company's annual report said. Published on Wednesday, the company's final report for the 2022 fiscal year shows that operating income was $105m from...
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February 24, 2023
E-bike conversion brand Boost secures six-figure investment
British e-bike conversion brand Boost has closed its latest funding round after securing a six-figure investment. Boost, founded by Cambridge engineer Nick Bailey, is an aftermarket conversion kit brand that works directly with retailers. Bikebiz
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February 23, 2023
Relatives of athletes rescued from ultramarathon claim ‘poor safety planning’ put lives at risk
Relatives of competitors taking part in an ultramarathon who had to be rescued from the remote route in bad weather claim they were in serious danger and their lives put at risk by “poor safety planning” by the event’s organisers. Stuff
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February 22, 2023
110 Ultra Trail Runners Evacuated from Race Course
A 7-day, 6-stage ultra-marathon on the South Island of New Zealand, was interrupted by severe weather earlier this week, which resulted in several athletes needing to be rescued, according to the New Zealand Herald. Rains quickly became intense, causing the Arrow River to rise in the wee hours of the...
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February 21, 2023
Influencer under fire for blocking Austin Marathon route with ebikes
The 2023 Austin Marathon's biggest story to come out of the race is not one of triumph or success, but one of disruption and annoyance. Influencer Matt Choi of Gaithersburg, Md., upset many of his fellow runners as he attempted to get the best footage possible for his social media. A...
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February 21, 2023
Trail Ultra Project: New Report Analyzes the Habits and Characteristics of Trail Runners and Ultrarunners
The project began with a survey launched in 2022 — which we invited you to participate in — which took a deep dive into the habits of trail runners and ultrarunners, and the demographics that make up our diverse community. Almost a year on, having received more than 1,000 responses...
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February 21, 2023
Brooks Running achieves record revenue in 2022, builds momentum into the new year
Brooks Running crossed the finish line in 2022 with record global revenue, up 6% over 2021 with growth in all regions, and direct-to-consumer sales up 16%. The brand navigated supply chain obstacles during the first half of the year, returning to complete inventories in the back half with a record...
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February 21, 2023
Fox Factory Acquires Custom Wheel House
Fox Factory Holding Corp. agreed to acquire Custom Wheel House, LLC (CWH) from Thompson Street Capital Partners and other sellers for $131.6 million. This acquisition complements Fox’s upfitting and lift kit business and broadens its product offering in a growing automotive industry segment. SGB Media
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February 21, 2023
Porsche assumes complete ownership of Greyp e-bike brand
After acquiring a majority interest in the Greyp in 2021, Porsche announced it has assumed complete ownership of the e-bike brand. The sports car manufacturer's venture capital segment, Porsche Ventures, had held about a 10% stake in Greyp since 2018. Bicycle Retailer
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February 17, 2023
Forbes 30 Under 30 Honoree Dies After Arizona Marathon
Pierre Lipton, 26, started the Mesa Marathon at 6:30 a.m. on February 4, chasing a personal best. After 26.2 miles running 7:15 mile pace, Lipton crossed the finish line in 3:10:05, a new PR. A few steps from the finish line, he collapsed near paramedics. They tried CPR unsuccessfully and...
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February 17, 2023
Shimano forecasts 21% sales drop in 2023
In its fourth quarter and full-year financial results report, the company forecast that 2023 sales in its bike components business will produce 396 billion yen ($2.95 billion), down from the 517 million yen recorded in 2022, a 23% drop. Bike component sales make up about 79% of Shimano’s business with...
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February 17, 2023
Strava’s trying to make route planning easier by crowdsourcing photos from users
You can find route photos for any sport featured in the Routes section of the app, including running, trail running, walking, hikes, rides, mountain bike rides, and gravel rides. According to Strava, the platform has roughly 2.3 million photos from 200 million user-uploaded public activities in the past year to...
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February 16, 2023
Three Perspectives on Ironman’s Controversial New Open Category and Transgender Policy
In a larger press release sent out on February 6, Ironman announced the creation of a new Open participatory division, with the hopes of “[providing] a welcoming and inclusive field for able-bodied athletes that cannot or do not wish to race in a competitive age or gender group.” The press...
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February 15, 2023
NBC Sports, Peacock secure US media rights for the Tour de France on six-year extension
NBC Sports and Peacock will retain the exclusive U.S. broadcast rights for the Tour de France on a six-year extension, officials confirmed Wednesday. As part of its previous agreement, NBC Sports and Peacock will present full live coverage of 110th Tour de France this summer July 1-23, 2023. The extension means NBC Sports...
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February 14, 2023
Shimano’s Sales Climb 15 Percent In Year, Topping Guidance
Shimano reported that net income rose 10.6 percent on a 15.1 percent revenue gain in its year ended December 31. Both earnings and sales easily topped the company’s guidance. Sales are expected to decline 20 percent in the current year. Sales increased 15.1 percent from the previous year to ¥628,909...
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February 10, 2023
Mark Sutton to depart CyclingIndustry.News, Jonathon Harker moves to Editor role
Mark leaves the role having established the brand in 2016 as a trade-focused website that has since drawn monthly audiences of up to 100,000 unique users through a combination of daily news, recruitment and podcasts with industry leaders. With the online presence established the title grew with the addition of...
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February 10, 2023
Adidas Expects Breakup With Yeezy to Cost Over $1B
Adidas’ separation from Yeezy, formerly known as Kanye West, may have a bigger fallout than initially anticipated. The sportswear company revealed Thursday it’s expected to lose $1.3 billion in revenue and nearly $534 million in operating profit this year after ending the relationship with the rapper in October over his...
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February 9, 2023
Parlee Cycles files for Chapter 11 bankruptcy protection
Custom carbon frame maker Parlee Cycles Inc. filed for Chapter 11 bankruptcy protection on Monday and will continue operations during the process. A balance sheet in its filing showed Parlee's liabilities totaled $4.4 million and total assets totaled $2.6 million at the end of January. BRAIN