British Cycling set for huge financial boost ahead of Olympic and Paralympic Games in 2028

British Cycling has received a record-breaking £38.95 million in funding to support its Olympic and Paralympic programmes for the 2028 Los Angeles Games. The funding, announced by UK Sport, is the largest of any sport for the 2025-2029 funding cycle, reflecting cycling's ongoing importance to Team GB’s success.

Of the £38,950,000 allocated, £30,125,000 will go to the Olympic cycling programme, while £8,825,000 will support the Paralympic cycling team. This marks a near-£1 million increase for each programme compared to the previous funding period. The money, provided through Government and National Lottery contributions, highlights the continued confidence in British Cycling's ability to deliver world-class results at the Olympic Games, and the Paralympics.

“We’re incredibly pleased with the funding award,” said Stephen Park, performance director of the Great Britain Cycling Team. “With the continued support of UK Sport, we are able to support the maximum number of athletes to train full-time across the seven Olympic and Paralympic disciplines, with the ultimate aim of delivering world-beating performances.

“Our ongoing partnership with UK Sport and this funding commitment for the next four years through to LA 2028 will allow our athletes to continue to inspire the nation to experience the joy of cycling for themselves and increase the social impact that they can provide in their communities, both on and off the bike.”

The announcement comes after a strong performance in the 2024 Paris Olympics and Paralympics, where British cyclists continued to prove their dominance on the global stage. Team GB secured 11 medals in cycling events, including two golds. Tom Pidcock took victory in the men's cross-country mountain biking, while Emma Finucane, Sophie Capewell, and Katy Marchant combined to win gold in the women's team sprint on the track.

On the Paralympic side, Team GB also excelled, finishing third overall in the cycling medal table with a total of 22 medals, including an impressive nine golds.

Dr Kate Baker, UK Sport's director of performance and people, emphasised the importance of sustaining this success into the next Olympic cycle.

“Following the spectacular performances of Team GB and ParalympicsGB in Paris this summer, it’s so important for us to be able to keep the momentum going as we head into the LA cycle.”

This funding will allow British Cycling to continue its tradition of excellence. Since UK Sport funding began in 1997, Team GB has topped the cycling medal table at the Olympics on four occasions: in Beijing 2008, London 2012, Rio 2016, and Tokyo 2020. But cycling in the UK is going through a difficult spell at the moment, and this is some much needed good news.