News Topics
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January 1, 2024
Former cycling world champion charged with killing wife after ‘running her over’
Former world cycling champion Rohan Dennis, 33, has been released on bail until he appears in court on 13 March 2024 after Melissa Hoskins died from injuries sustained near their Adelaide home in Australia. The Australian was charged with causing death by dangerous driving after his wife was killed outside...
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January 1, 2024
25 Best Moments in Olympic and Paralympic Triathlon History
On 16 September 2000, short-course triathlon was beamed to a global audience. Set against a Sydney Opera House backdrop, the world's very best male and female triathletes showed the world what it meant to be an endurance athlete. By the end of the day, six athletes were presented with medals...
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December 28, 2023
Who made the most triathlon prize money in 2023?
Long-distance racers dominated the prize money lists in 2023, according to the detailed analysis by Trirating.com’s Thorsten Radde. While two of the top-five money earners from the year did compete in short-course races, the lion’s share of their income came from Professional Triathletes Organisation (PTO) and Ironman races. Here’s a...
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December 22, 2023
Muuvr secures $4.16 million in post-seed funding round
Muuvr, the activity app that motivates runners, cyclists, and triathletes to be more active through rewards and community, has announced a significant investment into the brand’s future. The $4.16 million secured capital will fuel the next chapter of Muuvr’s growth strategy. This includes advancements in app development, marketing and acquisition...
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December 22, 2023
Nike Aims to Save $2B Over Three Years With New Plan to ‘Streamline’ Organization
Nike on Thursday announced new measures to “streamline” its organization after reporting a profit beat for the second quarter. The athletic giant said in a release that it sees the potential to save up to $2 billion, although these measures involve layoffs. Nike said it could see pre-tax restructuring charges...
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December 21, 2023
Compass Diversified Receives $75.2 Million Equity Investment
Compass Diversified (CODI), owner of Velocity Outdoor, BOA, Primaloft, 5.11, and other active lifestyle brands, reported that it had completed a private placement of approximately 3.6 million of its common shares to a mutual fund managed by Allspring Global Investments to raise $75.2 million. The shares were sold for $21.18...
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December 20, 2023
2 accused of robbing Lance Armstrong’s storage unit; over $100K in bikes stolen
Two Austin men are accused of stealing more than $100,000 of high-end bicycles and parts from the storage unit of seven-time Tour de France winner Lance Armstrong, according to arrest affidavits. Police allege Shaun Thompson, 36, and Ethan Harms, 33, burglarized Armstrong’s ExtraSpace Storage Unit and took four Trek road...
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December 20, 2023
Sports tech industry investments reach US$10.1 billion during Q3 2023
The global sports technology industry generated US$10.1 billion worth of deals during the third quarter of 2023, according to research from Drake Star Partners, which recorded 317 transactions during the three-month period. The quarterly study does take into account deals which include technology elements or are sports technology adjacent. For...
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December 20, 2023
The Most Innovative Fitness & Wellness Companies of 2023
Athletech News presents its list of The Most Innovative Fitness & Wellness Companies of 2023. The list serves as the ultimate authority in recognizing the organizations that are revolutionizing fitness and wellness and, by extension, positively influencing society. Athletechnews
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December 20, 2023
The Fastest and Slowest 70.3 Races of 2023
70.3s boomed from 74 races last year to 122 this year. Did any of the new races make it into the top fastest or top slowest of the 70.3 landscape? Triathlete dives into the data. Triathlete