British Cycling will receive £25,980,427 of funding for the 2020 Olympic Games in Tokyo, Japan.
The funding from UK Sport is £4 million less than they received for the 2016 Rio Olympics and less than the £26,032,000 for the 2012 London games and will support those representing Great Britain in road cycling, time trial, track cycling, BMX and cross-country mountain biking.
Chair of UK Sport Rod Carr said in a statement: “These are critical funding decisions for sports to take them on their journey to Tokyo 2020 and beyond so the historic success at Rio can be maintained.
“We have received incredible support from the Government, who have confirmed their commitment to funding our ambitions through to Tokyo 2020, providing the financial assurances needed for the continued evolution of our high performance system to ensure the athletes and sports with strong medal potential have what they need to inspire the nation.”
Overall, the Great Britain team will be backed by funds from the National Lottery and the Government to the tune of £345m and the highest funded sport is rowing which will get £32,111,157 with Athletics and Sailing getting more than cycling which produced twelve medals, eleven on the track and a bronze for Chris Froome in the time trial.
Source: DSG
