Drake takes over as British Cycling chief

British Cycling announced Saturday that chief executive Peter King will step down at the end of the year and be replaced by the current deputy chief executive Ian Drake.

The news was revealed at British Cycling's annual National Council meeting on 15 November, where President Brian Cookson announced the board's appointment of Ian Drake as chief executive from January 1, 2009. King will continue to work with British Cycling as an executive director.