Latest Sports Breaking News
March 4, 2024
Grinduro offers free entries to laid off industry workers
Gravel event series Grinduro is offering free event entries to members of the bike industry who have been recently laid off. The company said any industry members who were recently let go can email industry@grinduro.com with their name, contact details and the Grinduro event they want to go to. "We ask...
March 1, 2024
Supersapiens abruptly stops glucose sensor shipments and membership services
Supersapiens, the company that specializes in glucose monitoring for athletes, let its customer base know via email about the termination of all memberships and the suspension of glucose sensor shipments. This decision is attributed to a broader “strategic restructuring,” as outlined in a message on the company’s website. Cycling Magazine
February 29, 2024
Now there’s a Jumbo-Visma show: Is cycling TV the next big thing?
The story of Jumbo-Visma–now Visma – Lease a Bike is an interesting one. One of the current powerhouses in professional cycling, it traces its origins through various sponsor-driven iterations. Initially known as Kwantum, the team underwent a series of transformations with sponsorships from Superconfex, Buckler, WordPerfect, Novell, and Rabobank. However,...
February 26, 2024
Noah Lyles signs record-setting contract with Adidas
The world 100m and 200m champion, Noah Lyles, has signed a record-setting deal with Adidas that will run through the L.A. 2028 Olympics. The exact dollar figures have not been disclosed, but it has been dubbed the richest contract in track and field since the retirement of Usain Bolt. Running Magazine
February 26, 2024
UCI hands out suspensions after Cynisca Cycling found guilty of participating ‘in a fraud’
The UCI has suspended members of Cynisca Cycling after the team disguised a mechanic as a rider in an effort to gain entry to last year's Argenta Classic. American team Cynisca were missing one of their five riders due to illness for the road race in Belgium. Mechanic Moira Barrett dressed as...
February 25, 2024
Peloton May Partner With Other Marathons + Content For “Performance Athletes” + Marathon Training – Peloton Buddy
In the latest Peloton earnings call, CEO Barry McCarthy discussed plans to cater towards “performance athletes” with marathon-focused content and new partnerships. McCarthy shared the company’s plans to provide special content centered around performance athletes, specifically those training for marathons. A significant part of this strategy involves strategic partnerships with...
February 24, 2024
Peter Sagan undergoes heart procedure after experiencing ‘tachycardic episode’
Peter Sagan underwent an ablation procedure at a hospital in Ancona, Italy, after his heart rate exceeded 200 bpm during a race near Valencia last weekend. Further tests were carried out on Sagan earlier this week which revealed he had experienced episodes of tachycardia during extreme exercise. An ablation, which is...
February 23, 2024
Merrell Expects DD Decline in 2024; Return to Growth in H2
Merrell brand parent company Wolverine Worldwide (WWW) outlined progress and planning for some of its top brands when discussing fourth-quarter and full-year results, pointing to the outdoor footwear brand as a key contributor. Wolverine’s CEO Chris Hufnagel said the Merrell brand will have the opportunity to work more closely with...
February 22, 2024
Fox Factory sales down 9% in 2023
Fox Factory revenues in its Speciality Sports Group, which includes its bike-related brands, were down 43% in the company’s 2023 fiscal year, a decline the company attributed to “channel inventory recalibration” and “lower end consumer demand.” The decline in the SSG revenue came despite the inclusion of $16.8 million in...
February 21, 2024
State Farm, Rad Power Bikes settle lawsuit over e-bike fire
The lawsuit in U.S. District Court for the Eastern District of Pennsylvania was dismissed with prejudice after it was filed Oct. 4, 2022, claiming damages were in excess of $250,000. The lawsuit alleged design, manufacturing, and component defects; use and/or handling instruction and/or warnings defects; and/or a failure to warn...