British cycling's funding nearly doubles

Sport England has awarded British Cycling £24.3 million in funding for 2009 to 2013 to deliver grassroots sport as part of a plan to get one million more people playing sports The funding represents a 96% increase compared to the 2005-2009 funding period, the second highest increase of the 46 sports eligible for funding.

"This is a fantastic result for British Cycling. It will ensure that we can continue to get more people participating in cycling for sport and regular recreation," said British Cycling chief executive Ian Drake. "It will also enable us to continue to develop our playground-to-podium talent system through the successful Go-Ride programme."