BikeBiz Bicycle and cycling retail news

Cannondale is Cycling.tv's first advertiser and the web-based TV channel is currently screening highlights of the UCI's BMX Supercross event from Woodward, Pennsylvania. Eventually, the London TV station - viewable world-wide - wants to screen live coverage of one-day Classics and track events. A weekly news programme, fronted by a presenter, will get the go-ahead once a sponsor has been found. Got $40 000? Your company could bag the rights before they become REALLY expensive...

The Women’s Sports Foundation has slammed the “appalling” media coverage of female sport in Britain, something that will resonate with UK fans of Nicole Cooke, the all-conquering cyclist who gets precious few mentions in the mainstream press, despite her success.

A new Trust has been created to raise £6m to refurbish and update London's historic velodrome. At a City Hall launch tonight, London mayor Ken Livingstone is throwing his weight behind the Trust's ambitious aims.

Robert Hill of Split Second Imports, supplier of Ruption BMX bikes, owns two skate-and-BMX retail stores - The Playground stores - and the UK's biggest BMX online retailer. He's now added a third retail outlet, Sidewalk City Skates of Wells.

The distributor of lottery funds to sport has today announced a £130m fund for sporting governing bodies in the UK. Funding is now split into two areas: 'community' and 'national'. It was formerly made up of 72 different 'investment streams'.