BRITISH CYCLING AWARDED £50M TOTAL FUNDING

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Sport England yesterday awarded a record £24.3 million to British Cycling for grass roots cycling development over the next four years. This brings the total invested in cycling in the past month to a staggering £50 million.

Early in December, the Sports Lottery awarded £26.92 million for British Cycling?s 2012 Olympic programme, reward for cycling topping Team GB?s medal table in Beijing.

This latest funding is part of Sport England?s £480 million awarded for grass roots sports, to get one million people active by 2012.

The £24.3m for cycling is a 96 per cent increase on the funding provided for the 2005 ? 2009 period, and is the second highest increase of the 46 sports eligible for funding. ?It?s brilliant news,? said Ian Drake, British Cycling?s CEO designate. ?We need to work through the details with Sport England but it should be a fantastic four years for the sport now in the run up to London 2012.?

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

British Cycling?s president Brian Cookson paid tribute BC?s team who prepared the bid. "This is a fantastic result, following many months of work in preparing the bid. It shows that whilst we are now acknowledged as world leaders in elite performance, we also have a team that is every bit as professional, working just as effectively behind the scenes, delivering the other vital functions of a governing body, to a world class standard.

I'd like to thank everyone who contributed to the bid. Now we can truly make the most of the emerging opportunities and take participation in our sport to a whole new level".

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Keith Bingham joined the Cycling Weekly team in the summer of 1971, and retired in 2011. During his time, he covered numerous Tours de France, Milk Races and everything in-between. He was well known for his long-running 'Bikewatch' column, and played a pivotal role in fighting for the future of once at-threat cycling venues such as Hog Hill and Herne Hill Velodrome.