News Topics
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March 7, 2022
Accell Group’s Revenues Climb 6.2 Percent In 2021
Accell Group reported EBIT grew 47 percent in 2021 on a 6.2 percent sales gain. Net sales of €1,377 million, up 6.2 percent despite ongoing component shortages. Growth was driven by higher sales of parts & accessories, mainly volume-driven, and higher bicycle sales due to improved pricing and mix offsetting...
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March 6, 2022
Two Kenyan marathoners suspended for doping
The two prominent Kenyan marathoners have been suspended from competition. The Athletics Integrity Unit (AIU) has banned Paul Lonyangata for 19 months for use of the drug Furosemide, and Edward Kiprop Kibet has been banned for three years for nandrolone. Running Magazine
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March 5, 2022
Netflix Tour de France series struggling to convince biggest teams to join
The Netflix Tour de France ‘Drive to Survive’ documentary series is struggling to secure the participation of several leading teams due to concerns about editorial control, privacy, and polemics during the sport’s biggest race of the season, as well as fees paid to the teams. Only five of the biggest eight teams are...
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March 5, 2022
Doing 30 to 60 minutes of one exercise weekly could help you live longer, study says
Strengthening exercises most benefit your muscular and skeletal health, but they could have two other big perks: helping you prevent disease and live longer, according to new research published in the British Journal of Sports Medicine. CNN
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March 4, 2022
Zwift plugs cheating hole allowing in-game height and weight adjustment
Zwift made an announcement regarding the updates to the companion app in a forum on its website. The updates, which Zwift terms “security changes,” are meant to address an exploit that permitted a Zwifter to change their avatar’s in-game height and weight in order to gain an unfair advantage. VeloNews
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March 4, 2022
Supreme Court reimposes death sentence for Boston Marathon bomber
The Supreme Court on Friday reimposed the death sentence for Boston Marathon bomber Dzhokhar Tsarnaev, reversing a federal appeals court ruling that had voided it. By a vote of 6-3, the court rejected defense claims that the judge at Tsarnaev’s 2015 trial improperly restricted the questioning of prospective jurors and was wrong...
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March 3, 2022
iFIT Raises $355 Million, Settles Lawsuit, Lays Off Staff
iFIT Health & Fitness, Logan, Utah, raised $355 million in capital, settled a lawsuit with an investor, installed new leadership and laid off an undisclosed number of staff members, the company announced. Club Industry
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March 3, 2022
Tour de France series on Netflix may be in the works
Professional cycling may be about to get a high-profile boost with the Telegraph Sport reporting on Thursday that streaming giant Netflix is in discussion with the Tour de France organisers ASO and eight WorldTour teams - including British squad Ineos Grenadiers - for a docu-drama series similar to Formula 1:...
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March 3, 2022
Peloton ex-CEO John Foley sells $50 million in stock to Michael Dell’s investment firm
Peloton co-founder and ex-CEO John Foley has sold about $50 million in stock to an investment firm backed by Michael Dell, MSD Partners, according to a securities filing. The sale involved about 1.92 million shares, the Wednesday filing said. Foley still owns enough after the sale to maintain effective voting...
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March 3, 2022
Outerbike postpones summer events due to demo bike shortage
Western Spirit Cycling, the producer of Outerbike, is postponing three summer events due to a shortage of demo bikes. The company also announced an expanded expo format at its two remaining planned 2022 events, in Bentonville, Arkansas and Moab. Bicycle Retailer
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