Elite cycling the target of Saudi-backed Champions League-style calendar

28 October 2023 10:04
New format could be in place by 2026 with PIF backingTour de France organisation remains resistant to proposalProfessional cycling could be on the verge of a LIV Golf moment after Saudi Arabia’s Public Investment Fund (PIF) was linked to a wholesale restructure of the European racing calendar.As the 2024 Tour de France was launched in Paris last week, speculation increased that a multimillion-euro Champions League-style format would be in place by 2026, with PIF cited by sources as a possible investor. The Saudi investment in several sports has been highly controversial and created major rifts in golf, after the establishment of the LIV Series, which harvested many marquee names from the long-established PGA Tour. Continue readingread full article

Source: TheGuardian