British Cycling to receive £35 million for Paris 2024 Olympics
This is £10 million more than British Cycling received for the Tokyo cycle
British Cycling will receive £35 million funding for the 2024 Paris Olympics, nearly £10 million more than it received for the Tokyo cycle.
The governing body announced they were getting £35,429,000 for the Great Britain Cycling Team to aim for continued success at the 2024 Olympic and Paralympic Games, and that it was "grateful" for the funding "in what has been a difficult year for everybody".
This increase in funds comes after money was cut for the Tokyo Olympic cycle, when British Cycling received £25,980,427, a reduction of more than £4 million compared to the funds for Rio 2016.
At Rio 2016, Britain continued their impressive run of Olympic success, taking 12 medals in total, compared to 12 in 2012 and 14 in 2008, including six golds. In all three of those Olympic Games, they ranked first and will look to challenge for the top spot once more at the delayed Tokyo Olympics in 2021.
>>> Ineos Grenadiers join race to sign Wout van Aert in 2022, according to reports
At the recent European Track Championships GB topped the medal table, taking six golds, three silvers and two bronze medals.
The Tokyo Olympics will see the number of cycling events expanded to 22, an increase of four from 2016.
Get The Leadout Newsletter
The latest race content, interviews, features, reviews and expert buying guides, direct to your inbox!
BMX freestyle is added for the first time, while the madison events will return, having been dropped ahead of the 2012 Games.
"In what has been a difficult year for everybody, we are grateful for the funding which we are set to receive. It will enable us to put in place plans to support riders to realise their dreams and win medals across all the Olympic and Paralympic disciplines," said Performance Director Stephen Park.
"The money will be invested in supporting the very best of talented British cyclists as we seek to continue to be the top cycling nation at the Olympic and Paralympic Games. That means reinforcing our talent pathways to ensure the legacy of the team can continue beyond 2024."
Thank you for reading 20 articles this month* Join now for unlimited access
Enjoy your first month for just £1 / $1 / €1
*Read 5 free articles per month without a subscription
Join now for unlimited access
Try first month for just £1 / $1 / €1
Hi. I'm Cycling Weekly's Weekend Editor. I like writing offbeat features and eating too much bread when working out on the road at bike races.
Before joining Cycling Weekly I worked at The Tab and I've also written for Vice, Time Out, and worked freelance for The Telegraph (I know, but I needed the money at the time so let me live).
I also worked for ITV Cycling between 2011-2018 on their Tour de France and Vuelta a España coverage. Sometimes I'd be helping the producers make the programme and other times I'd be getting the lunches. Just in case you were wondering - Phil Liggett and Paul Sherwen had the same ham sandwich every day, it was great.
-
'I'd love to be an F1 driver': Get to know GB track sprinter Emma Finucane
World sprint champion tells Cycling Weekly about her earliest Olympics memories, drinking coffee in Jakarta, and her passion for F1
By Tom Davidson Published
-
'I felt like I was the worst rider in the bunch' - Simon Carr dispels doubt with longest ever solo win at Tour of the Alps
Brit triumphs from lone 45km breakaway, after days of battling allergies
By Tom Davidson Published
-
Welsh Grand Départ for first ever Tour of Britain Women, British Cycling confirms
Race will get underway in Welshpool before concluding in Greater Manchester four days later
By Tom Thewlis Published
-
Exclusive: Men’s Tour of Britain stages cut to seek parity for women’s race
British Cycling aim to increase women’s Tour of Britain to six stages in 2025 in order to create full parity between the two events
By Tom Thewlis Published
-
Talks underway to take Tour of Britain Women to Wales this year
Wrexham Council in discussions with British Cycling officials to host second stage as race potentially set to start in Wales
By Tom Thewlis Published
-
British National Road Championships return to Saltburn in 2024
The events will take place in the north east of England for the second year running
By Tom Davidson Published
-
'My legs are screaming' - 17-year-old stuns with two gold medals at the British Track Championships
Sam Fisher enjoyed a dream day with victories in the team pursuit and scratch race
By Tom Davidson Published
-
'I'm in shock' - 16-year-old school student wins medal at British Track Championships
A-Level student Henry Hobbs rode a blistering kilometre time trial to earn a spot on the podium
By Tom Davidson Published
-
Olympic hopeful Will Perrett dazzles at British Track Championships
27-year-old gains three laps to win points race in style, on a night when para-cycling national records tumbled
By Tom Davidson Published
-
Wout van Aert and Visma-Lease a Bike left out of pocket by Tour of Britain organiser's collapse
Prize money for 2023 race unpaid, riders union says national federation must ‘bear the debts’ of previous organiser, SweetSpot
By Tom Thewlis Published