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How Much do Pro Cyclists Make?

Mathew Mitchell

• Published on November 22, 2021
• in Men's Cycling , Women's Cycling

The world of cycling sees a wide gulf between how much pro cyclists earn and the many many cyclists scraping by at the bottom of the Continental level. Compared to other sports though – like football – cyclists actually still earn relatively ‘normal’ incomes through their sport.

Table of Contents

In this article, I’m going to attempt to show some of the known figures for riders across different levels of men’s cycling and the difference in money between men’s and women’s cycling.

2020 saw some changes in pro cycling. The men’s WorldTour stayed the same but the Pro Continental level was renamed the Pro Series. The Women’s WorldTour meant something slightly different and there was a women’s Pro Series level of races too for the first time. However, no Pro Continental level for women’s teams.

As this post was first written in 2019, the terms used are to reflect the naming conventions of that year.

Which pro cyclists earn the most?

Now, this isn’t a definitive list. Just like in the real world, not everyone likes to tell people what they earn. As such it’s a list of only the numbers I could actually find and even those may require being taken with a pinch of salt. There are some big names missing from this list like Julian Alaphilippe who signed a new contract at Deceuninck-Quickstep in June 2019 after his excellent Tour de France . But it should give an idea of a professional cyclist salary.

Tadej Pogačar’s net worth is unknown but in 2021 he confirmed what is reputedly the highest paid contract in pro cycling at the moment. It was also one of the longest at 6 years but this has been matched by Juan Ayuso in 2022, although not with Pogačar’s net worth.

Prize Money and other incomes

What this table also doesn’t include is the extra money that pro cyclists earn through prize money. I covered all of the teams’ and riders’ prize money from the 2019 Tour de France , which showed just how big the payoffs are for winning. It also showed the little money some riders get to supplement their wages after 3 weeks of hard racing.

The prize money for races varies massively. The total prize pot for the men’s Amstel Gold in 2019 was €40k and just €10k for the women’s race . Some races are bucking this trend and offering equal prize money, such as the Tour de Yorkshire . It’s important to note that all of the salaries listed here do not include prize money winnings or endorsements.

Appearance money is another source of income and is rarely openly discussed. Allegedly, Chris Froome received €2 million just to take part in the 2018 Giro d’Italia for instance.

At the end of 2017, it was reported that half of the women’s peloton was earning under €10,000 a year. 17% were earning nothing at all and a touch over 50% also had second jobs to supplement their racing career. At the same point in time, just 11% of women’s riders were earning more than €34,000. An amount that’s comparable to the minimum wage in men’s cycling.

How much do professional cyclists make?

So we’ve seen what the star riders earn, what is a regular pro cyclist salary?

Well, the average pro cyclist salary for a WorldTour domestique is between €100,000 and €400,000. You’re looking at the likes of Tim Declercq and Julian Vermote in this category ( although Vermote’s stock has fallen a bit as of 2021 ). The guys who don’t necessarily get the glory themselves yet put in a tonne of work to benefit the team. Georg Preidler was reportedly on €170,000 for FDJ during 2017-2018. Tadej Pogacar’s first contract with Team UAE Emirates was supposedly for €70,000 before being quickly redrawn after winning the Tour of the Algarve in his first season.

A super-domestique type rider can earn anywhere between the high-end of that range and the bottom of the table above. Geraint Thomas salary was reported to be €1-1.5 million in 2018, then he won the Tour de France and now finds himself earning €3 million.

Pro cyclist salary – minimum wages

At certain levels in the sport of cycling a minimum wage structure appears but below that level riders will potentially be on much less money to race. In 2019, the UCI minimum wage for men’s Pro-Continental level cyclists was €30,855. For the WorldTour, that number is €40,045.

There’s been some reasonable progression in these minimum wages since 2013. Back then a Pro-Continental cyclist would get at least €30,250 and a UCI WorldTour minimum salary for a rider was at least €36,000. For 2018, the current Pro-Continental UCI minimum wage of €30,855 was introduced and WorldTour riders were now able to get at least €38,115.

Neo-pros at both levels get slightly less. these were set at €25,300 for Pro-Continental neo-pros and €29,370 for WorldTour level neo-pros in 2013. These increased in 2018 to €25,806 at Pro-Conti level and €30,893 for WorldTour level riders. The current numbers are €26,322 and €31,609.

There’s no minimum pro cyclist salary for those racing at Continental level, so some will be receiving an income but plenty won’t be. I wouldn’t expect their salaries to be higher than the neo-pro rates except maybe for high profile riders at that level like a Davide Rebellin or Adam Blythe – even then probably not by much. It’s often thought that 2.2/1.2 races aren’t considered as professional races, so you’ll often hear of a rider taking their first pro win at a higher level.

For women, the situation is closer to that of the Continental riders than any other level. Up until now, there has been no minimum wage at all for women cyclists. 2020 will be the first season with a minimum wage, but only for women on the 8 WorldTour teams . For 2020, it will start at €15,000, with plans to then increase it gradually over the next three years.

If things go to plan, the minimum wage will rise to €20,000 in 2021, to €27,500 in 2022 and become equal to Pro Continental men’s teams by 2023. The number of women’s WorldTour teams should also have grown by then too. Now that Boels-Dolmans have confirmed sponsorship until 2023, they should be able to jump to WorldTour status from 2021. There is no official neo-pro status for women but this is also aiming to be introduced in 2023. Full details from the UCI here . One suggested salary for Annemiek van Vleuten at Movistar is €250k a year. I’ve also seen a salary for Marianne Vos whilst at her peak at Rabo-Liv of €400k.

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Who’s earning what? Report reveals top-20 pro cycling salaries

Every wonder what pro cyclists make? Here's a breakdown of the top 2022 cycling salaries.

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Ever wondered how much you’d earn if you won the Tour de France twice before you turned 23?

Six million euros ($6.6 million) a year, that’s how much.

At least, that’s what a report published this weekend by sports finance outlet Calcio e Finanza suggests Tadej Pogačar is earning in 2022.

The Calcio e Finanza study shows the top 20 salaries for male pro cyclists in 2022. Although the numbers are best-guess calculations rather than confirmed team paychecks – and some of the data is likely based on 2021 salaries – the list gives an interesting flavor of what’s going on in the big business of pro cycling.

Before we dive into some of the interesting details, here’s the list:

Top-20 wages, per Calcio e Finanza

• Tadej Pogačar (UAE Emirates): €6.0 million
• Chris Froome (Israel Start-Up Nation): €5.5 million
• Peter Sagan (TotalEnergies): €5.5 million
• Geraint Thomas (Ineos Grenadiers): €3.5 million
• Egan Bernal (Ineos Grenadiers): €2.8 million
• Michał Kwiatkowski (Ineos Grenadiers): €2.5 million
• Julian Alaphilippe (Quick-Step Alpha Vinyl): €2.3 million
• Alejandro Valverde (Movistar): €2.2 million
• Richard Carapaz (Ineos Grenadiers): €2.2 million
• Wout van Aert (Jumbo-Visma): €2.2 million
• Vincenzo Nibali (Astana Qazaqstan): €2.1 million
• Primož Roglič (Jumbo-Visma): €2.0 million
• Mathieu van der Poel (Alpecin-Fenix): €2.0 million
• Adam Yates (Ineos Grenadiers): €2.0 million
• Thibaut Pinot (Groupama-FDJ): €2.0 million
• Romain Bardet (Team DSM): €2.0 million
• Jakob Fuglsang (Israel-Premier Tech): €2.0 million
• Elia Viviani (Ineos Grenadiers): €1.9 million
• Nairo Quintana (Arkéa-Samsic): €1.9 million
• Fernando Gaviria (UAE Team Emirates): €1.8 million

Some takeaways:

Ineos grenadiers still boasts bumper bank balance.

The results may have slowed down slightly for Ineos Grenadiers, but the funding sure hasn’t.

According to Calcio e Finanza , the British super-squad has four of the top 10 earners in 2022, and six of the full 20. Geraint Thomas, Egan Bernal, Michał Kwiatkowski, and Richard Carapaz all sit in the top nine, costing Jim Ratcliffe’s Ineos outfit some €11.0 million ($12.2 million) in total.

The Team Sky/Ineos squad has long been known to dish out the most lucrative dollars, and Chris Froome was a regular at the top of salary scales throughout the past decade.

The sponsor shift to chemicals giant Ineos in 2019 hasn’t changed that. The Ratcliffe-led multi-national is believed to be the fourth largest of its kind with its $61 billion turnover, and has stakes in sports from sailing to soccer. It’s got money to burn and a logo to sell.

Although Thomas is believed to earn below what is reported above, his salary will still be suitably seismic, and paypackets will be weighty through the Ineos roster. It would be fascinating to see what the team pays its youngest rising stars, but you can bet it will be a lot more than that of its rivals.

Big scores means big salary for Tadej Pogačar

If you want to keep the next Eddy Merckx wearing your jersey, you gotta pay for it.

UAE Emirates is giving Tadej Pogačar €6 million per season to keep the 23-year-old sensation on the books. Extrapolate that out over the remaining six years of his contract and the total is staggering. Yep, Pogačar’s near-future is currently valued at a cool €36 million ($40 million).

With two Tours de France titles and two monument victories already under his very slim belt, Pogačar is no doubt the dominant rider of the era.

But more importantly for both him and his UAE Team Emirates squad, he should have at least 10 years left in his legs. That’s a whole lot of talent and a veritable pipeline of future results. Whether it justifies the eye-watering wages paid by mega-rich Emirati tycoons is up for debate.

Past results trump future success

A quick glance at the top four in the report shows that it’s not always what you might do in the future — but what you’ve done in the past — that counts.

Stuttering stars of past seasons Chris Froome, Peter Sagan, and Geraint Thomas are next in line behind Tadej Pogačar in terms of top salaries, but certainly not in terms of sure-fire future success.

Although Thomas and Sagan could still surprise, the duo is far from anyone’s eyesight in 2022.

Sagan was bettered by upcoming teammate Antony Turgis at Milan-San Remo, and Thomas may not even be selected for this year’s Tour, despite winning it in 2018.

And Froome? With his 37th birthday on the horizon and ongoing questions about his competitiveness, no one is betting on him hitting a podium any time soon.

But what Froome, Sagan and Thomas lack in recent results, they make up for in bringing a team prestige, expertise and future funding. Those things aren’t results, but they count.

Small teams have to spend big

Second-tier teams may not have the biggest budgets, but they still have to muscle up with WorldTour superpowers to stay competitive.

Peter Sagan’s salary at the second-division TotalEnergies is an outlier given the team’s radical reinvention at the turn of the season. However, the ProTeam squads Alpecin-Fenix and Arkéa-Samsic also make the list, with Mathieu van der Poel and Nairo Quintana earning 13th and 19th most respectively.

That Alpecin-Fenix and Arkéa-Samsic can stretch to €2.0 million for “MvdP” and “Nairoman” points to the self-perpetuating system of pro cycling.

The teams’ top ranking in the ProTeam division means they reap the benefits of being automatically invited to the world’s biggest races. In turn, that means they can pay their two biggest stars sufficient to keep them generating the results needed to top the points tables.

The unknown numbers behind personal sponsors

Calcio e Finanza states its list is based on salaries, but it’s not clear whether personal sponsors are included. And those outside-the-team deals can stack up fast.

Mark Cavendish, one of the biggest cycling names of the century, doesn’t make the list published this weekend. However, it’s well-known that his sprint successes at Quick-Step Alpha Vinyl are funded by his own personal backers. Who the contributing partners are is unknown, but the Manxman has a host of past and future partners, ranging from luxury watch brand Richard Mille to Nike shoes, Specialized bikes and much more.

Likewise, Sagan has a huge host of collaborations, including at 10-year tie-in with Sportful, and Froome has his fingers in a range of blossoming tech brands.

Riders like Cavendish, Sagan and Froome can afford their Monaco mansions thanks to their multiple revenue streams. Accounting for those lucrative extra partnerships could change Calcio e Finanza’s countdown significantly.

Cycling is still small-fry

Pro cycling’s top salaries are staggering and are likely to continue increasing. But they’re pocket-money compared to some of the world’s wealthiest sports.

Soccer superstar Lionel Messi is reported to be earning $130 million in 2022 at his Paris Saint-Germain team, with up to $100 million from salaries and bonuses and the remainder from endorsements.

Meanwhile, top Formula One drivers Lewis Hamilton and Max Verstappen are believed to be banking $40 million and $25 million, respectively, this racing season.

The NBA’s Stephen Curry is on $45 million per season, while the entire team budget for the New York Mets in baseball is close to $250 million per season.

Tadej Pogačar will need to win a lot more yellow jerseys to match those numbers.

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How Much Do Professional Cyclists Make? (Updated in 2024)

The salaries of professional athletes are always an interesting topic. Cycling is no different. The only difference is that, compared to other sports, cycling wages are not publicly disclosed, which makes it all the more mysterious.

The highest-paid cyclist is Tadej Pogačar, who earns €6 million ($6.6 million) per season. Only three other cyclists earn more than €4 million ($4.3 million) per year, while other cycling stars earn around €2.5 million ($2.7 million). The minimum wage for a World Tour cyclist is €60,000 ($65,000).

Cycling is not a rich sport. While some make millions, most do not. Above all, there is a huge wage gap between male and female cyclists.

How much are male professional cyclists paid?

If you want to become a professional cyclist to get rich, you should try another sport instead. Yes, some cyclists are millionaires , but at the level they are, they would be billionaires in many other sports .

While theoretically, the sky is the limit on how much professional cyclists can make, they don’t really earn that much compared to other sports.

But more on that a bit later. First, let’s look at the other side of the scale, where there is a limit to how much cyclists have to earn .

Also Read : – How Fast Do Pro Cyclists Ride? – How Much do Pro Cyclists Train? – Why Do They Not Race the Last Stage of the Tour De France?

The UCI, the world’s governing body for cycling, requires teams to pay at least the minimum wage to the riders they sign.

Teams that belong to the top level, so-called World Tour teams , must pay the cyclist at least €60,000 ($65,000) . If they sign a neo-pro contract (first-year professional), the minimum wage is €26,849 ($31,768) , but this increases in the second year of the contract.

The situation in the lower-tier teams is even more miserable. The minimum wage for regular members (not neo-pro) of Continental teams (the lowest tier) is only €44,000 ($48,000) .

The salary gap between the best cyclists and the rest is enormous.

Luckily, most cyclists earn more than minimum wage.

The biggest stars of sport, who lead the teams and have the best results, earn a few million a year . But their success would not be possible without their loyal domestiques, whose payroll is much more modest.

The best domestiques, who have been around for years, such as Michal Kwiatkowski , may have a million-dollar salary, but the vast majority earn less.

On average, basic domestiques earn between €150,000 and €500,000 ($160,000-$550,000) . If they perform well, they can receive a higher salary reaching towards a million. But in reality, only a few domestiques earn that much.

Who are the 10 highest-paid cyclists and how much do they make?

If I asked which cyclists you think are the best paid, you could probably name at least a few. But looking at the table, you would be very surprised by some of the names near the top.

The list of the highest-paid cyclists is a mix of young, exciting prospects who have already proven they are the real deal and some older riders who signed their last big contract a few years ago on the back of their former glory.

It is also important to know that cyclists are not paid simply based on their results. Their salary is also boosted by their popularity among fans , their value to sponsors and the competence of their agent .

So, without further ado, here is the list of the 10 highest-paid cyclists in the 2024 season .

Quite a few cyclists have signed lucrative contracts that have propelled them to the top of the highest-paid cyclists. Primož Roglič got a €2.5 million raise when he joined Bora-hansgrohe, but that’s not even the biggest raise of the year. This belongs to Jonas Vingegard, who was reportedly earning €500,000 in 2023, but will now get €3.5 million more per season.

How much are female professional cyclists paid?

Women’s cycling is evolving and gaining popularity, but women are still a long way behind men when it comes to salaries. On the positive side, the gap is slowly narrowing, at least regarding the minimum wage.

There are 15 Women World Tour teams in 2023 that employ most women professional cyclists. Then there are the many continental teams that are not considered professional as the cyclists can’t make a living riding for them and need to find another source of income as well.

The minimum salary for female cyclists riding in World Tour teams is €32,102 ($35,066) , but UCI has already announced that this will increase to €35,000 ($38,000) in 2024 and to €38,000 ($41,500) in 2025 .

30% of female cyclists must have a job in addition to their cycling career.

Much more worrying are the results of a survey carried out among women cyclists. It showed that 40% of cyclists earn nothing , and another 20% earn less than €5,000 ($5,500) .

Fortunately, more and more riders earn between €10,000 and €20,000 ($11,000 and $22,000) each year, with 20% of riders falling into this category in 2023. Another 20% of cyclists reported earning a minimal wage or more, so €32,102 ($35,000) .

Out of those cyclists who earn at least a minimal wage, most are members of World Tour teams. The salaries are much better there, but still not great. 24% of World Tour members earn between €60,000 and €100,000 ($65,500-$110,000) and 13% earn more than €100,000 ($110,000) .

Unfortunately, the exact salaries of women cyclists are a well-kept secret . And although male cyclists also try to keep their salaries secret, the public interest is too great for them to succeed. Public interest is lower for women cyclists, so no one takes the trouble to investigate the salary levels of individual female cyclists.

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These Are the Highest Paid Cyclists in 2024!

From the exhilarating races to the lucrative contracts, this article will not only break down the salaries of the elite road cyclists but also take a nostalgic spin back to previous years to witness the financial evolution of these cycling superstars.

Remember, the salaries don’t include bonuses or prize money and are based on estimations.

NOTE : According to Jonathan Vaughters, former pro cyclist, and manager of WorldTeam EF Education–EasyPost, many of the salaries reported by media are incorrect.

The 10 Highest Paid Cyclists in 2024

The highest-paid cyclists in 2024 are:

As you can see from the chart above, it is missing two cyclists who have been regulars in the past years. Chris Froome, who never really picked up his previous form due to his injury in 2019, and Peter Sagan, who retired in 2023.

Chris’ contract was one of the least profitable ever for the team itself in terms of the results. Chris earned €4.5-5.5M per year, but his racing results didn’t match it. We can only debate how this move paid off marketing-wise.

Peter was earning €5.5M per year from 2020-2023 and has long been one of the highest-paid cyclists ever. This salary was reportedly contributed to the team by Specialized, a company with which Peter has close ties.

In 2024, most of the major riders, except for Tadej Pogačar, have improved their salaries. For example, Primož Roglič went from €2.9M to €4.5M after moving from Jumbo-Visma to Bora-hansgrohe, Jonas Vingegaard from €2.5M to €4.0M, or Mathieu van der Poel from €2M to €4M. I’ll elaborate on all of them below.

According to the Total Velo report, Tom Pidcock was to receive 4 million Euros in 2023. However, this amount appears to be incorrect, as the 2024 report states €2.7 million.

Tadej Pogačar: A Jewel that Needs to Be Protected

Tadej Pogačar is one of the most talented riders of the present but also of history. He is often compared, for example, to Eddy Merckx. It is, therefore, no wonder that the UAE Team Emirates team respects him and has signed him until 2027. While in 2020, he received “only” €2 million, he earns €6M per year since 2021.

Jonas Vingegaard: From “Zero” to Hero

When looking at the historical data, I noticed that Jonas Vingegaard is one of the biggest leapers. Rumors state that in 2022, the year he won his first Tour de France , he was only supposed to receive €500,000 a year. But in 2023, it was €2.5 million a year, and in 2024, it was already €4 million. No wonder the Visma-Lease and Bike team value him so highly. After all, he is one of the best GC riders.

Mathieu van der Poel: Underpaid Champion?

There is no doubt about Mathieu van der Poel’s versatility. However, many doubted his €2 million salary from previous years. Despite his excellent results, he was paid much less than his competitors. “Fortunately,” in 2024, he doubled his salary. He is reportedly receiving €4 million. That already sounds like an adequate reward for his results in classics, cyclocross, or world championships. Additionally, he closed a 10-year deal with Canyon .

What do you think about cyclists’ salaries? Do you find them adequate compared to other athletes? Which cyclists do you think are undervalued, and which ones are overvalued? Let me know in the comments.

Cycling Salaries FAQ

The minimum salary of a WT cyclist is €42,047 in 2024 and will increase to €44,150 in 2025. Self-employed riders have €68,957 and €72,404 in 2025. ( Source )

The winner of the Tour de France general classification wins €500,000.

A winner of the Tour de France stage wins €11,000.

Tour de France riders can make anywhere between €33,707, the minimum guaranteed salary of a Pro Continental cyclist*, and €6 million, the salary of the highest-paid cyclist in 2024, Tadej Pogačar. *There are always at least 2 Pro Continental teams at the Tour de France.

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How Much Do Professional Cyclists Make in 2024?

Source: instagram.com/tadejpogacar/

The salary of a professional cyclist can range from zero ( roughly 25% of female riders ) to almost $6 million.

A professional cyclist’s salary is primarily based on their win rate, potential, gender, popularity, and marketability.

A team’s budget plays a role in determining salaries. For example, Jumbo-Visma riders have lower salaries than Ineos despite being more successful in recent years. 

Unfortunately for riders, hard work, determination, and sacrifice aren’t sufficient to achieve success and earn more, but they are necessary.

Curious about who earns the most in professional cycling and why? In this article, we’ll list and discuss the highest earnings in the cycling world and the factors contributing to these amounts.

The Salaries of Top-Earning Professional Cyclists

Cycling is a relatively small sport in terms of viewership and popularity globally, so the amount of money available to the athletes is lower than sports like soccer, basketball, or football.

For example, the average men’s WorldTour cyclist earns $200,000 to $300,000 per year , compared to the average Premier League soccer player, who earns between $2.5 and $3 million per year. 

Now, let’s have a look at some of the top salaries in cycling, starting with top earner and two-time Tour de France winner Tadej Pogacar. These salaries are all reported and are not exact numbers.

1. Tadej Pogacar’s Salary: $6.6M/Year

View this post on Instagram A post shared by Tadej Pogačar (@tadejpogacar)

The top salary in professional cycling is Team UAE Emirates’ Tadej Pogacar, who reportedly earns $6.6M per year.

As he is arguably the best cyclist in the world, with two grand tour wins and three of cycling’s five monument races under his belt, and he’s young, Pogacar certainly merits the top salary in the sport.

Although not as marketable or popular as, say, Peter Sagan, Pogacar’s unbelievable palmares and incredible potential put him at the top.

2. Chris Froome’s Salary: $6M/Year

View this post on Instagram A post shared by Chris Froome (@chrisfroome)

Four-time Tour de France winner Chris Froome will go down in history as one of the greatest grand tour riders ever. Froome also won the Giro d’Italia once and Vuelta a España twice.

His salary, an estimated $6M per year, is the second highest in the men’s peloton. This salary is based solely on Froome’s past results and marketability.

Following his life-changing crash in the 2019 Tour de France, Froome hasn’t reached the same heights of performance. His current team, Isreal-Premier Tech, signed him with the hopes that he would return to grand tour-winning form, but this never materialized.

In the summer of 2023, his manager was quoted saying his salary didn’t offer “value for money,” which might be an understatement. 

3. Peter Sagan’s Salary: $6M/Year

View this post on Instagram A post shared by Peter Sagan (@petosagan)

Peter Sagan is one of the most decorated cyclists of the modern era. He’s a three-time World Champion and one-time European Champion.

He won the points classification at the Tour de France a record seven times, has 18 grand tour victories across all three, and has won the Tour of Flanders and Paris-Roubaix.

Aside from his victories, Sagan is one of the most popular and flamboyant cyclists in the peloton, known for his displays of technical prowess and playful wheelies to groups of fans during races.

This popularity and success have earned him a top salary of roughly $6M and a personal sponsorship from Specialized. Peter Sagan has retired for the 2024 season.

4. Primoz Roglic’s Salary: $5.5M/Year

View this post on Instagram A post shared by Team Jumbo-Visma cycling (@jumbovisma_road)

Primoz Roglic is another of cycling’s most decorated riders, with four grand tour wins: three in the Vuelta a España and the 2023 Giro d’Italia. Additionally, he’s won dozens of stage races and one-day races.

Roglic’s illustrious eight-year stint with Jumbo-Visma came to an end in October 2023, with the German team Bora-Hansgrohe buying out his contract and offering a pay increase on the $2.2M he was earning at Jumbo.

Reports suggest that Roglic will be earning close to $5.5 per season during his two-year contract with Bora.

5. Remco Evenepoel’s Salary: $4.4M/Year

View this post on Instagram A post shared by Remco Evenepoel (@remco.ev)

The 23-year-old Belgian phenom Remco Evenepoel earns a reported $4.4M per year, making him the third or fourth-highest earner for the 2024 season. This salary came off the back of his prestigious World Championship and Vuelta a España wins in 2022.

Evenepoel is undoubtedly one of the brightest talents in the sport and he frequently earns headlines for his fiery temper and aggressive riding style. Given that, we expect him to quickly reach a salary similar to Pogacar’s.

6. Geraint Thomas’s Salary: $3.8M/Year

View this post on Instagram A post shared by Geraint Thomas (@geraintthomas86)

The Ineos Grenadiers veteran Geraint Thomas is another popular rider with excellent palmares. The Tour de France-winning Welshman reportedly earns $3.8M, placing him as the fifth-highest earner in the peloton.

Thomas has been public about his intention to retire in 2025 and has recently signed a two-year contract extension with Ineos. We’re unsure if the extension came with a salary reduction, but there’s no doubt of his ability and drive to win, narrowly finishing second to Primoz Roglic in the 2023 Giro d’Italia. 

7. Jonas Vingegaard ‘s Salary: $2M+/Year

With two Tour de France wins under his belt, Jonas Vingegaard is currently regarded as the best grand tour rider in the world, twice dominating his main rival Tadej Pogacar over the most grueling three weeks in professional sport.

The Danish cycling star signed a new long-term contract with his team Jumbo-Visma (now Visma-Lease a Bike) in early 2023, with an undisclosed salary.

We assume, given his potential, the figure put him at or close to the top of the team’s roster alongside Primoz Roglic and Wout van Aert, who were earning over $2M.

8. Wout van Aert’s Salary: $2.5M/Year

View this post on Instagram A post shared by Wout van Aert (@woutvanaert)

Wout van Aert is one of cycling’s superstars, with a huge list of victories in cyclocross and on the road in some of the most competitive races.

In the 2022 Tour de France, he won the green jersey, the most combative rider, and three stages and played a key role in Jonas Vingegaard’s overall victory.

Van Aert’s salary is reported to be around $2.5M, which puts him at the top of Jumbo-Visma’s roster. His salary is a long way off that of Tadej Pogacar and the top riders at Ineos Grenadiers, who, due to their large budgets, can afford to pay higher salaries to less valuable (in terms of wins) riders.

However, he certainly has other sources of income, as he has recently invested in the Belgian handmade candle company Mon Dada along with his wife Sarah de Bie .

9. Sepp Kuss’s Salary

View this post on Instagram A post shared by Sepp Kuss (@seppkuss)

The 2023 was the most important in the career of Jumbo-Visma’s mountain domestique, Sepp Kuss. Firstly, he assisted his teammates Primoz Roglic and Jonas Vingegaard to win the Giro d’Italia and Tour de France. Then, he went on to win the Vuelta a España, completing the first grand tour whitewash in cycling history.

There are no reliable reports on Sepp Kuss’s salary, but we expect that his next contract negotiation will bring about a significant raise because offers from other teams will undoubtedly be aplenty.

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How much money do professional cyclists make?

What the stars make, what the domestiques make, and the riders that aren't making any money at all..

Heading out the door? Read this article on the new Outside+ app available now on iOS devices for members! >","name":"in-content-cta","type":"link"}}'>Download the app .

Cycling is one of the most gruelling and spectacular of professional sports, pushing riders to their physical limits in nail-biting sprints, death-defying descents and asphyxiating climbs.

You’d kinda hope, then, that the reward would match the risk. 

Is this really the case, though? Let’s dive into the figures and take a look at how much money professional cyclists make. 

Structure of the sport

Professional cycling has a somewhat complicated structure, with several different tiers that in turn inform the minimum wages that riders are entitled to. 

On the men’s side of the sport, there are currently three different tiers of professionalism: WorldTeams (formerly known as ‘ProTeams’), ProTeams (formerly known as ‘Pro-Continental’), and Continental (formerly known as, uh, ‘Continental’). 

WorldTeams are the top tier of the sport – the teams that get automatic entry to every race on the WorldTour calendar, including Grand Tours like the Tour de France, which is what the sponsors really want. 

In 2021, there are 19 WorldTeams, sponsored by a fascinating hodge-podge of industries: 

• Ag2r Citroën
• Astana–Premier Tech
• Bora-Hansgrohe
• Deceuninck-QuickStep
• EF Education–Nippo
• Groupama-FDJ
• Ineos Grenadiers
• Intermarché–Wanty–Gobert Matériaux
• Israel Start-Up Nation
• Lotto–Soudal
• Movistar Team
• Bahrain Victorious
• BikeExchange
• Jumbo-Visma
• Qhubeka Assos
• Trek–Segafredo
• UAE Team Emirates

This year, there are a further 19 ProTeams, each jostling for invitations to the biggest races on the calendar. The top couple of teams will gain entry to most of their high-profile target races, while the more obscure ones will be hoping to make a strong showing in regional races that will give their sponsors a return on their marketing investment. 

Among these 19 ProTeams, there are names that you’ll probably have heard of (like Team TotalEnergies, Nairo Quintana’s team Arkea-Samsic, the recently resuscitated Euskaltel-Euskadi , or Mathieu van der Poel’s team Alpecin-Fenix) and some that you possibly haven’t (hi, Vini Zabu-Brado-KTM! How’s it going, Bingoal Pauwels Sauces WB!)

Continental

And then, we get down to the 162 teams making up the Continental tier. There’s a broad spectrum of professionalism in the mix here, ranging from WorldTeam development teams all the way down from there. Some, like Hagens Berman Axeon or L39ION of Los Angeles, you’ll likely have heard of. Most of the others you won’t have (for example, Dukla Banska Bystrica or Radio Popular – Boavista, to choose two that have tickled my fancy today).

Some of these riders will be on a living wage, but most will be supplementing their income wholly or in part with other jobs. 

You can look up all the teams and riders for 2021 here .

So, how much do male pro riders make?

Now that we’ve diligently done our homework laying out the different tiers of the sport, we can dive into the salaries that riders at each of the levels can make. 

Predictably, there’s a wide spectrum in the earnings of male WorldTeam riders. The stars of the sport take home multiples of the wage of the neo-pros and domestiques – although compared to many other major sports, there’s a smaller gap between the high and low end. 

Professional cyclists can choose whether to be self-employed independent contractors, or full-blown employees of a team, effectively choosing between more money in the pocket (self-employed) versus other benefits, like insurance and holidays (employee). In 2021, there’s a minimum salary for male WorldTeam riders of €40,045 (employed) or €65,673 (self-employed). 

Contract negotiations in cycling are notoriously secretive, especially compared to sports like football and basketball where it’s all out in the open. In fact, minimum wages are the only thing that’s actually required to be declared and set in stone, although well-sourced media can speculate with reasonable certainty on the approximate wages of different levels of riders. 

A reliable domestique stands to make at least double the minimum wage, with most pocketing between €100,000–€400,000. This tier of riders likely includes the likes of Tim Declercq , Roger Kluge, and Michael Mørkøv; athletes that seldom win for themselves but play an invaluable role in helping the star riders of the team take home the flowers. 

Individual results, rather than consistent performances for the glory of the team, also play a major role in the wage a rider makes. Classics victories and Grand Tour stage wins are a significant bargaining chip – both in upping the salary with an existing team for the next contract, and in enticing other offers. 

A good example of this is Marc Hirschi. In his breakthrough 2020 season, riding for Team Sunweb, the Swiss up-and-comer was reportedly making a wage of €70,000. After several prominent performances at the 2020 Tour de France – including a gutsy stage win on stage 12 – Hirschi went on to finish third at the World Championships, win La Flèche Wallone, and take second at Liège-Bastogne-Liège. He was subsequently poached by UAE Team Emirates mid-contract, and for 2021 is reportedly on a contract worth around €1 million – 14 times what he was earning at Sunweb. 

What about the really big names?

The next tier above the valued domestiques and the break-out stars are the superstars of the sport – the household names. While exact figures are scarce, Peter Sagan and Chris Froome are widely regarded as the best-paid riders in the world. That’s reflective of both their results and their marketability. 

According to l’Equipe, Chris Froome is on a €5.5 million contract at Israel Start-Up Nation for 2021, with Sagan hot on his heels at €5 million at Bora-Hansgrohe. Tadej Pogacar is also reportedly thereabouts, while a step down are the likes of Geraint Thomas (€3.5 million) and Egan Bernal (€2.8 million). 

One of the best-paid super-domestiques of the sport – and a former world champion – is Michal Kwiatkowski (a reported €2.5 million), while Primoz Roglic, Thibaut Pinot, Vincenzo Nibali and Romain Bardet are all reportedly sitting around the €2 million mark.

There’s also the matter of endorsement deals – which may or may not factor into the figures outlined above. Peter Sagan, for example, is widely assumed to have a personal deal with Specialized – although Specialized declined to comment to questions about this from CyclingTips, citing athlete confidentiality. Julian Alaphilippe’s reported €2.3 million salary, meanwhile, probably doesn’t have a line-item for the €100,000 carbon-composite and titanium watch he straps on whenever he heads out for a spin.

Riders can also pocket appearance fees at specific races, both big and small. Chris Froome reportedly earned €1.4 million for lining up at the 2018 Giro d’Italia – negotiated via Team Sky – a fact that caused some consternation at the time . On a similar note, Lance Armstrong personally pocketed AU$1.5 million to contest the 2009 Tour Down Under .

ProTeam and Continental wages

Compared to the gap between WorldTeam stars and their domestiques, there’s an even greater disparity between wages at the ProTeam level, where squads typically consist of one or two superstar riders backed by a more anonymous supporting cast. 

Take Arkea-Samsic, for instance. The French ProTeam has a rumoured budget around €10 million – a hefty chunk of which goes to its marquee rider, Nairo Quintana, who reportedly pockets €1.9 million. The minimum wage-earners at the ProTeam level, meanwhile, are taking home around €31,000 – with neo-pros making even less. 

At the Continental level, there’s no minimum wage – meaning that of the 162 teams plying their trade around the world, there are a lot of cyclists riding for free. UCI regulations state that Continental teams have to cover expenses like bikes and kit, but not a wage. 

Depending on what country the team is registered in, however, there may be additional requirements. A French Continental rider must receive a minimum wage due to employment laws, while in Belgium there are three different sub-categories of Continental level teams, each with their own financial rules.  

What about the women?

As recently as 2017, almost half of the women’s peloton was racing for less than €5,000 a year, and 17.5% were going completely unpaid. Against a backdrop of growing discontent, it was only in 2020 that UCI reforms really pushed the topic of women’s minimum wages to the fore. 

As part of these reforms, two tiers emerged in 2020 – UCI WorldTeams and UCI Women’s Continental Teams – replacing the single division of 46 UCI Women’s Teams that had previously existed. 

There are nine Women’s WorldTeams in 2021 – a figure that is permitted to grow to a maximum of 15 in 2022. These teams are among the most professional on the women’s side of the sport, and have committed to a number of measures in relation to maximum race days, a team doctor, and a minimum wage for the riders. The current Women’s WorldTeams are:

• Alé BTC Ljubljana
• Canyon-SRAM
• FDJ Nouvelle-Aquitaine Futuroscope
• Trek-Segafredo

Women’s WorldTeam wages

Despite the fact there’s now a ‘WorldTeam’ designation in the women’s peloton, however, the closest financial parallels are with the men’s ProTeam and Continental teams. Women’s WorldTeams operate on a smaller budget, with smaller rosters and fewer race days compared to the men’s equivalent. 

Women’s WorldTeams – which like their male counterparts receive automatic invitations to the top races on the calendar – have all committed to paying a minimum wage to their riders. For 2021, that means there’s a base salary of €20,000 (employed) or €32,800 (self-employed), which will jump up to €27,000 (employed) or €45,100 (self-employed) in 2022.

Along with the establishment of a minimum wage has been the introduction of rules around holiday pay, sickness cover, and maternity cover – all of which were absent in 2019. 

The ultimate objective of the UCI’s pay reforms is to have female WorldTeam riders earning the same minimum wage as men’s ProTeam (second tier) riders by 2023.

Some teams have already gone above and beyond that, however: both BikeExchange and Trek-Segafredo have voluntarily increased their minimum salaries on the women’s side to be the same as the men’s WorldTeam (top tier) minimum.

While this is to be applauded, there’s still an enormous divide between what most men’s and women’s WorldTeam riders earn, and a further chasm between the comparatively well-paid women’s WorldTeam riders and the women’s Continental teams. A 2020 survey conducted by the Cyclist’s Alliance found that while wages were up for top female riders, 43% of riders were still actually reimbursing their trade teams for expenses like equipment, medical, or travel costs. 

The stats that perhaps best illustrate the hidden divide in the women’s peloton are these:

• 25.5% of professional riders were earning more than €30,000 a year in 2020
• 25% were earning nothing at all

As for that list of best-paid riders published by l’Equipe? It speaks volumes that not one female rider cracks the top 20. Annemiek van Vleuten’s wage at Mitchelton-Scott in 2020 was €125,000 and it has been reported that she doubled that for 2021 when she moved to Movistar.

And while that’s not bad, it’s also a long way short of pay equity, given her formidable palmares. 

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\"path\": \"https:\/\/velo.outsideonline.com\/gravel\/gravel-racing\/we-are-going-to-stick-with-road-racing-bad-luck-undoes-matej-mohoric-in-unbound-gravel\/\", \"listing_type\": \"recirc\", \"location\": \"list\", \"title\": \"\u2018we are going to stick with road racing\u2019: bad luck undoes matej mohori\u010d in unbound gravel\"}}\u0027>\n \u2018we are going to stick with road racing\u2019: bad luck undoes matej mohori\u010d in unbound gravel\n \n \n \n \n \n\n \n \n \n \n \n\n \n "},{"title":"crit\u00e9rium du dauphin\u00e9 stage 2: magnus cort outmuscles rogli\u010d, jorgenson in uphill sprint","url":"https:\/\/velo.outsideonline.com\/road\/road-racing\/criterium-du-dauphine-stage-2-results-and-report\/","markup":" \n \n\n\n \n\n \n \n >\", \"path\": \"https:\/\/velo.outsideonline.com\/road\/road-racing\/criterium-du-dauphine-stage-2-results-and-report\/\", \"listing_type\": \"recirc\", \"location\": \"list\", \"title\": \"crit\u00e9rium du dauphin\u00e9 stage 2: magnus cort outmuscles rogli\u010d, jorgenson in uphill sprint\"}}\u0027>\n \n \n \n \n \n \n\n \n \n\n \n\n \n \n\n \n \n >\", \"path\": \"https:\/\/velo.outsideonline.com\/road\/road-racing\/criterium-du-dauphine-stage-2-results-and-report\/\", \"listing_type\": \"recirc\", \"location\": \"list\", \"title\": \"crit\u00e9rium du dauphin\u00e9 stage 2: magnus cort outmuscles rogli\u010d, jorgenson in uphill sprint\"}}\u0027>\n crit\u00e9rium du dauphin\u00e9 stage 2: magnus cort outmuscles rogli\u010d, jorgenson in uphill sprint\n \n \n \n \n \n\n \n \n \n \n \n\n \n "},{"title":"notebook: inside visma\u0027s mad tour de france scramble, jorgenson\u2019s big gc chance, quinn\u2019s funky us jersey","url":"https:\/\/velo.outsideonline.com\/news\/inside-vismas-tour-de-france-mad-scramble-jorgensons-big-gc-chance-quinns-funky-us-jersey\/","markup":" \n \n\n\n \n\n \n \n >\", \"path\": 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predictions","url":"https:\/\/velo.outsideonline.com\/gravel\/gravel-racing\/2024-unbound-gravel-elite-race-predictions\/","markup":" \n \n\n\n \n\n \n \n >\", \"path\": \"https:\/\/velo.outsideonline.com\/gravel\/gravel-racing\/2024-unbound-gravel-elite-race-predictions\/\", \"listing_type\": \"recirc\", \"location\": \"list\", \"title\": \"velo\u0027s 2024 unbound gravel elite race predictions\"}}\u0027>\n \n \n \n \n \n \n\n \n \n\n \n\n \n \n\n \n \n >\", \"path\": \"https:\/\/velo.outsideonline.com\/gravel\/gravel-racing\/2024-unbound-gravel-elite-race-predictions\/\", \"listing_type\": \"recirc\", \"location\": \"list\", \"title\": \"velo\u0027s 2024 unbound gravel elite race predictions\"}}\u0027>\n velo\u0027s 2024 unbound gravel elite race predictions\n \n \n \n \n \n\n \n \n \n \n \n\n \n "}]' > >", "name": "footer-menu", "type": "link"}}'>advertise >", "name": "footer-menu", "type": "link"}}'>privacy policy >", "name": "footer-menu", "type": "link"}}'>contact >", "name": 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World Tour cyclist salaries in 2024; Tadej Pogacar leads; Primoz Roglic advances, according to La Gazzetta dello Sport

Tadej Pogačar maintains his position as the highest-paid cyclist in the men’s WorldTour, according to an article in La Gazzetta dello Sport. According to the Italian newspaper, Pogacar’s annual earnings of 6 million euros put him at the top of the list, surpassing his compatriot Primoz Roglic and Tour de France champion Jonas Vingegaard.

Roglic advances on the list

Roglic, who transferred from Jumbo-Visma to Bora-Hansgrohe, has a reported salary of 4.5 million euros per year, while La Gazzetta estimates that Jonas Vingegaard’s annual income from Visma-Lease a Bike is be 4 million euros, an amount equal to that received by the World Champion, Mathieu van der Poel at Alpecin-Deceuninck.

Van der Poel’s main rival, Wout van Aert, receives around 3.5 million euros, in Visma-Lease a Bike.

Tadej Pogacar

Pogacar is according to La Gazzeta dello Sport, the highest paid cyclist in the peloton, thanks to the new €6 million deal with UAE Team Emirates. He will face new challenges, including the Giro d’Italia, the Tour de France, the Olympics and the World Cup in 2024.

Remco Evenepoel sits sixth on the list with an estimated €2.8m per season, ahead of Tom Pidcock and Adam Yates, both with estimated €2.7m per year. The list is complemented by two more cyclists from Ineos Grenadiers, Egan Bernal and Carlos Rodriguez, both with salaries of 2.5 million euros.

Various sponsorships inflate the amounts received by athletes

It is important to note that La Gazzetta’s estimates only refer to salaries paid by teams to cyclists, excluding additional earnings from sponsorship and participation fees. In addition to his UAE Team Emirates salary, Pogačar also has sponsorship deals with brands such as DMT shoes, Met helmets, Enervit nutritional products, Croatian water brand Jana, American home technology company Plume and the Slovenian tourism board.

Mathieu Van der Poel has a contract with the car brand Lamborghini and Wout Van Aert, just as Tom Pidcock has complementary agreements with Red Bull.

Check out the World Tour salary ranking for 2024:

1st Tadej Pogacar (UAE Team Emirates) 6 million Euros

2nd Primoz Roglic (BORA- Hansgrohe) 4.5 million Euros

3rd and 4th Jonas Vingegaard (Visma-Lease a Bike) and Mathieu Van der Poel (Alpecin-Deceuninck)4 million Euros

5th Wout Van Aert (Visma-Lease a Bike) 3.5 million Euros

6th Remco Evenepoel (Soudal Quick-Step) 2.8 million Euros

7th and 8th Tom Pidcock (INEOS Grenadiers) and Adam Yates (UAE Team Emirates) 2.7 million Euros

9th and 10th Egan Bernal and Carlos Rodriguez (both from INEOS Grenadiers) 2.5 million Euros

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Free Case Review 877-BIKE LEGAL

How Much do Pro Cyclists Make? Cycling Salary Rate

Bike Legal COO and avid cyclist advocating for sharing the road responsibly.

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Professional cycling is a fiercely competitive arena where success demands remarkable dedication, natural talent, and strategic planning. But how financially rewarding is it, and how realistic is it to make a living as a competitive cyclist?

In this article, we'll examine the average earnings that cyclists can expect and the key factors influencing their income, such as performance and gender disparities. We'll also uncover the essential steps to achieving professional status. Finally, we'll look into the wallets of top earners to provide an insider’s perspective on the rewards and challenges of earning a living in this globally competitive sport.

Key topics will include:

• The average earnings of professional cyclists and the journey to turning pro
• Key factors influencing pro cyclists' income, including training intensity and gender disparities
• Legal nuances and essential steps to becoming a professional cyclist
• A peek into the wallets of top earners in the cycling world

Average Professional Cyclists' Earnings Overview

Professional cycling is a sport of passion, endurance, and strategy, but it also comes with its financial rewards and challenges. The earnings in professional cycling can vary widely based on the level of competition, gender, and individual achievements.

Earnings by level

• World Tour cyclists:
• The crème de la crème of professional cycling, WorldTour cyclists, enjoy higher salaries with a minimum of around $60,000 . Top performers like Tadej Pogačar can earn upwards of $8.6 million , showcasing the lucrative potential at this elite level.
• Pro continental cyclists:
• A step below the World Tour, Pro Continental teams' cyclists have a broad salary range. Their earnings start at just over $40,000 , with the potential to reach up to $200,000 . The minimum wage for this level is set at around $44,000 .
• Continental cyclists:
• At the Continental level, the financial landscape changes significantly. Some cyclists might earn nothing, while others can make up to $40,000 . This level represents the broadest range in earnings, highlighting the financial uncertainties for emerging professionals.

Earnings by gender

• Men: Male cyclists at the World Tour level have a minimum salary of just under $60,000 . However, star athletes in men's cycling can earn multimillion-dollar salaries, with the highest earners, like former world champion and Team Sky player Chris Froome , making around $7.9 million .
• The UCI has recently established minimum salary requirements for professional women cyclists, although these figures are not yet on par with those of their male counterparts.
• In 2020, the minimum salary for World Tour female star riders was around $21,000 , which increased to $28,000 in 2021. Despite the progress, even top female pros like Marianne Vos earn just over $100,000 , significantly less than their male counterparts.

The financial landscape of professional cycling is as varied as the sport itself. While top male cyclists can earn multimillion-dollar salaries, the earnings drop significantly outside the World Tour level and for female cyclists.

Efforts to establish minimum wages for women and lower-tier cyclists are steps toward financial equity in the sport. However, the journey toward parity continues, reflecting the broader challenges within professional sports.

Some Additional Income Sources

Professional cyclists, much like athletes in other sports, have the potential to supplement their income through various sources beyond their base salaries or winnings from races. Here's a breakdown of these additional income sources and the potential each holds:

• Prize money
• Potential: Highly variable, depending on the race and the cyclist's finishing position. For example, the winner of the Tour de France can earn around $500,000 in prize money, with even more available through stage wins and special jerseys (e.g., sprinter's, climber's).
• Frequency: Seasonal, tied to the race calendar.
• Endorsement deals
• Potential: Can range from a few thousand to millions of dollars annually, heavily dependent on the cyclist's marketability, achievements, and social media presence.
• Frequency: Typically annual contracts, with long-term deals possible for top athletes.
• Appearance fees
• Potential: Cyclists, especially well-known ones, can earn between $1,000 to $50,000 for participating in events, criteriums, or promotional activities.
• Frequency: As opportunities arise, often in the off-season.
• Potential: Teams and sponsors may offer bonuses for wins, podium finishes, or achieving specific targets (e.g., winning a Grand Tour stage might net a bonus of $10,000 to $100,000 ).
• Frequency: Tied to performance, seasonal.
• Potential: Post-Tour de France criteriums can be lucrative, with top cyclists earning $20,000 to $100,000 per event for participation.
• Frequency: Mainly in July and August, immediately following the Tour de France.
• Social media and personal branding
• Potential: Through sponsored content, merchandise sales, and personal branding initiatives, cyclists can generate additional income. The potential varies widely based on the athlete's popularity and engagement rates.
• Frequency: Ongoing, with earnings tied to campaign schedules and merchandise sales.
• Coaching and consultancy
• Potential: Retired or semi-retired cyclists can leverage their expertise, offering coaching, training camps, or consultancy services. Rates can vary from $50 to $200 per hour or more for personal coaching.
• Frequency: As demand dictates, often year-round.
• Book deals and speaking engagements
• Potential: Successful cyclists with compelling stories can earn through book sales and paid speaking engagements, potentially netting $5,000 to $20,000 per event.
• Frequency: Variable, often post-career or during the off-season.
• Merchandise sales
• Potential: Selling branded merchandise, from apparel to accessories, can provide an additional revenue stream. Earnings depend on the cyclist's popularity and the quality of the merchandise.
• Frequency: Ongoing, with peaks during major races and the holiday season.

These additional income sources can significantly augment a professional cyclist's earnings, with top athletes leveraging multiple streams for financial stability and growth.

Key Factors Influencing Pro Cyclists' Income

The world of pro cycling is as competitive financially as it is on the road. Many factors can influence a cyclist's income, each playing a crucial role in determining their earning potential. Here's a breakdown of the key factors influencing professional cyclists' income:

Performance and achievements

• Impact: High

Success in major races, especially Grand Tours ( Tour de France , Giro d'Italia , Vuelta a España ), significantly boosts a cyclist's market value. Stage wins, wearing leader's jerseys, and overall victories can lead to lucrative contract offers and bonuses.

Marketability and sponsorship appeal

Cyclists with a strong personal brand and a large social media following are more attractive to sponsors. Their ability to influence and engage fans translates into additional endorsement deals and personal sponsorships, enhancing their income.

Team role and specialization

• Impact: Moderate to High

A rider's role within a team (e.g., team leader, domestique, sprinter, climber) and their specialization in certain types of races can influence their salary. Team leaders and cyclists who excel in specific disciplines often command higher salaries.

Experience and longevity

• Impact: Moderate

Veterans of the sport with a proven track record of consistent performance tend to have higher earning potential. However, emerging talents can also secure significant contracts based on their future potential.

Historically, there has been a significant pay gap between male and female professional cyclists. While efforts are being made to address this disparity, male cyclists generally continue to earn more than their female counterparts.

Team budget and sponsorship deals

The financial health and sponsorship deals of a cyclist's team can greatly affect individual salaries. Teams with larger budgets and more lucrative sponsorships can offer higher wages and better support.

Nationality and market

A cyclist's nationality can influence their income, especially if they are from or compete for a team based in a country with a strong cycling culture and market. This can affect sponsorship opportunities and salary negotiations.

Contract negotiations and agent representation

The effectiveness of contract negotiations, often facilitated by agents, can significantly impact a cyclist's salary. An experienced agent can leverage a rider's achievements and marketability to secure better terms.

Economic climate and cycling popularity

The overall economic climate and the popularity of cycling in various regions can influence sponsorship budgets and, consequently, cyclists' incomes. Economic downturns or surges in cycling's popularity can have a direct impact on earnings.

Understanding these factors is crucial for cyclists aiming to maximize their earning potential. It also highlights the complex ecosystem of professional cycling, where financial success is influenced by a combination of personal achievement, market forces, and strategic career management.

Essential Steps to Becoming a Professional Cyclist

Embarking on the journey to become a professional cyclist involves a blend of rigorous training, strategic career moves, and navigating the legal and organizational aspects of the sport. Here’s a comprehensive guide to the essential steps and legal nuances aspiring cyclists should be aware of:

• Dedicated training: Commit to a structured training regimen, typically involving 2 to 6 hours of cycling daily , complemented by strength training to build core and leg muscles essential for endurance and power.
• Nutrition: Adopt a balanced diet rich in proteins, carbohydrates, fruits, and vegetables to fuel your body for the demands of professional cycling.
• Learn the rules: Familiarize yourself with USA Cycling's rulebook and the regulations of competitive cycling as governed by the Union Cycliste Internationale (UCI) , the sport's global governing body.
• Gain experience: Join a high school, or college team, or a local cycling club to hone your skills, build a competitive edge, and start networking within the cycling community.
• Compete: Start competing in local races to build your racing technique, confidence, and reputation. Success in these events can attract attention from professional teams.
• Coaching: Engage with a seasoned cycling coach to refine your technique, strategy, and training regimen. A good coach can also provide valuable advice on nutrition and equipment.
• Specialization: Identify and focus on a specific type of cycling event (e.g., time trials, criteriums, stage races) that matches your strengths and interests.
• Sponsorship and support: While challenging, securing sponsorships can help cover the costs of equipment, training, and travel, which are crucial for advancing to professional levels.
• Professional exposure: Achieving visibility through performance in amateur contests increases your chances of being noticed by scouts from professional teams.
• Join a professional team: The ultimate goal is to receive an offer to ride for a professional team, which may come through standout performances in events where scouts are present.

Legal nuances

• Age restrictions: Be aware of age requirements for participation in certain races, which can vary by country and competition level.
• UCI registration: Professional cyclists must be registered with the UCI, which involves adhering to its rules, including anti-doping regulations.
• Contracts: Professional cyclists typically sign contracts with their teams, outlining salary, duties, and expectations. Understanding the terms and conditions of these contracts is crucial.
• Insurance and health: Professional cycling teams usually provide health insurance , but understanding the coverage details, including provisions for injuries and rehabilitation, is important.
• Intellectual property: Your image and likeness can be used for team promotions and sponsorships. Contracts often detail these arrangements, so it’s vital to understand how your image may be used.
• Doping regulations: Strict adherence to anti-doping rules is a legal and ethical requirement in professional cycling. Familiarize yourself with the World Anti-Doping Agency (WADA) code and UCI’s anti-doping regulations.

Navigating the path to becoming a professional cyclist requires physical preparation, skill development, and a deep understanding of the sport's legal and organizational framework. By focusing on these essential steps and legal nuances, aspiring cyclists can better position themselves for success in the competitive world of professional cycling.

Top 10 Highest Paid Cyclists in 2024

In 2024, professional cycling continues to be dominated by a few standout athletes, commanding salaries that set them apart in the world of endurance sports. Here's a look at the highest-paid cyclists and their earnings:

• Tadej Pogačar: Earning an impressive $6.6 million (€6,000,000) annually, Pogačar remains at the pinnacle of professional cycling, reflecting his exceptional talent and achievements on the road.
• Primož Roglič: With a salary of $4.95 million (€4,500,000) , Roglič's move to Bora-Hansgrohe has paid off, marking him as one of the sport's top earners.
• Jonas Vingegaard: The Danish cyclist has seen a significant salary leap to $4.4 million (€4,000,000) , a testament to his value and potential within the peloton.
• Mathieu van der Poel: Matching Vingegaard, van der Poel also commands a salary of $4.4 million (€4,000,000) , underscoring his versatility and success across different cycling disciplines.
• Wout van Aert: Earning $3.85 million (€3,500,000) , van Aert's all-around capabilities on the bike continue to make him a highly valued athlete in the cycling world.
• Remco Evenepoel: The young rider Belgian star takes home $3.08 million (€2,800,000) , reflecting his rising status and potential for future dominance.
• Tom Pidcock: Despite a reported discrepancy in his salary figures, Pidcock's earnings for 2024 are listed at $2.97 million (€2,700,000) , placing him among the sport's top earners.
• Adam Yates: Also earning $2.97 million (€2,700,000) , Yates's consistent performances have solidified his place as one of the leading cyclists in the world.
• Egan Bernal: The Colombian climber earns $2.75 million (€2,500,000) , a reflection of his Grand Tour-winning potential and marketability.
• Carlos Rodríguez: A newer name among the top earners, Rodríguez earns $2.75 million (€2,500,000) , indicating high expectations for his future in the sport.

These salaries, exclusive of bonuses or prize money, highlight the financial rewards available at the pinnacle of professional cycling. The figures underscore the sport's competitive nature, not just on the road but also in its financial aspects, with athletes like Pogačar leading the pack both in terms of performance and earnings.

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FAQs on Professional Cycling Career

How much money do professional cyclists make.

Professional cyclists' earnings vary widely based on their level, achievements, and marketability. Continental riders might earn as little as nothing up to $40,000, while Pro Continental riders' salaries range from around $40,000 to $200,000.

WorldTour riders have a minimum salary of just under $60,000, with top performers like Tadej Pogačar earning upwards of $6 million annually. These figures exclude bonuses and endorsement deals, which can significantly augment a cyclist's income.

How much do Tour de France riders get paid?

The Tour de France offers substantial prize money, with the overall winner receiving around $500,000. However, it's traditional for the winner to share this prize with their team members. Also, there are earnings for stage wins, wearing the leader's jerseys, and other classifications, which can add up.

However, the base salary of riders from their professional trade teams forms the bulk of their income, with the Tour de France prize money being a bonus.

How hard is it to go pro in cycling?

Going pro in cycling is extremely challenging, requiring exceptional physical fitness and cycling skills and a significant commitment to training, diet, and competition. Aspiring professionals must also navigate the complexities of the sport's organizational structure, including competing in amateur races, gaining visibility, and securing a position on a professional team.

The journey is demanding, with success depending on a combination of talent, hard work, strategic career decisions, and sometimes a bit of luck.

Can cycling be a career?

Yes, cycling can be a career for those who are deeply committed and possess the necessary talent and work ethic. Professional cyclists compete in races worldwide, earn salaries from their teams, and can supplement their income through prize money, endorsements, and personal sponsorships.

However, making cycling a sustainable career requires reaching the upper echelons of the sport, which is an incredibly challenging and competitive process. For those passionate about cycling and willing to dedicate themselves fully, it can be a rewarding career path both personally and professionally.

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Who’s earning what? Report reveals top-20 pro cycling salaries

March 21, 2022.

Ever wondered how much you’d earn if you won the Tour de France twice before you turned 23?

Six million euros ($6.6 million) a year, that’s how much.

The  Calcio e Finanza study shows the top 20 salaries for male pro cyclists in 2022. Although the numbers are best-guess calculations rather than confirmed team paychecks – and some of the data is likely based on 2021 salaries – the list gives an interesting flavor of what’s going on in the big business of pro cycling. VeloNews

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Top 10 highest paid cyclists in the world right now

Professional cycling is notoriously secretive about what goes on behind the scenes and when it comes to salaries there is no exception.

Nevertheless, it is still possible to get a good grasp of what you can earn from all those long days spent grinding it out on the saddle. We have pulled together a top 10 of the highest paid cyclists in the world right now.

10. Greg Van Avermaet – 2.5 million euros

9. Nairo Quintana –  2.5 million euros

8. Fernando Gaviria – 2.7 million euros

7. Egan Bernal – 2.8 million euros

6. Geraint Thomas – 3 million euros

5. Tom Dumoulin – 3 million euros

4. Alejandro Valverde – 3.5 million euros

3. Vincenzo Nibali – 4 million euros

2. Chris Froome – 5.2 million euros

1. Peter Sagan – 6 million euros

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Egan Bernal to make Tour de France return

SEGAN does not deserve this. He rides for no one else except HIMSELF and never heads done. It’s sad that the public thinks this clown is great because he does a one handed wheely says it all really. A Selfish loner who wins not very often and never helps Any1 else. I hope he retires soon as he is an overrated stunt rider.

Mate, You have no idea about cycling…

He is not selfish u have your own problems grow up

Wow seriously ?

Sprinters – easily! Not many specialist mountain climbers get to be the leaders of the team so they end up spending their time in the mountains as domestiques. When they win a stage it’s generally as a result of good fortune from a breakaway, whereas on the flat stages, the teams will always work for the sprinters rather than the team leader as they know thats their best shout at a stage win.

Which type of cyclist win more stages sprinters or mountain climbers

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Sep 20, 2021 | 9:50 AM EDT

Cycling as a sport has been around for decades and is on the list of the highest-paid sports. Although it might not be in the top-5, cycling has always been in the top-10 positions. Interestingly, some of the prestigious cycling tournaments top the highest-paying event lists.

One of the first cyclist to earn recognition was Charles Minthorn Murphy. In 1899, the American became the first cyclist to cover a mile under a minute, and was given the nickname “Mile-a-Minute Murphy.”

Tour de France is the highest paying cycling event

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The most prestigious cycling event, the Tour de France, started in 1903. While cyclists don’t earn a lot in their early years, once they elevate to pro-level, their payday gets better. The pro continental riders usually make around $26,200 to $171,200 per annum.

Also read: Everything You Need to Know About UCI Cycling Championships 2021: Rules, Prize Money, Participants

Peter Sagan, Chris Froome, the highest-paid cyclists in 2021

Slovakian professional cyclist Peter Sagan topped the list of high-paid cyclists in 2021. 31-year-old Peter earns a whopping USD 7 million annually. Sagan has been competing for the UCI World Team Bora–Hansgrohe. However, he will switch to UCI Pro Team Total Energies in 2022.

RIO DE JANEIRO, BRAZIL – AUGUST 10: Primoz Roglic of Slovenia competes in the Cycling Road Men’s Individual Time Trial on Day 5 of the Rio 2016 Olympic Games at Pontal on August 10, 2016 in Rio de Janeiro, Brazil. (Photo by Bryn Lennon/Getty Images)

The British road cyclist, Chris Froome, follows Peter in the second position with an annual income of over USD 6 million. Chris competes for the UCI World Team Israel Start-Up Nation. Froome has clinched seven grand tours in his career, including four editions of Tour de France.

Italian cyclist Vincenzo Nibali is the third highest-paid cyclist in the world. Also known as the “Shark of the Strait”, Nibali earns over USD 4.6 million per annum. Vincenzo competes for UCI World Team Trek–Segafredo.

UCI World Team Movistar Team member Alejandro Valverde is the fourth highest-paid player. The Spanish road cyclist takes home around $4.1 million per year. While Tom Dumoulin is in the fifth position with 3.5 million USD. The Dutchman, Tom, competes for the UCI World team Jumbo–Visma.

RIO DE JANEIRO, BRAZIL – AUGUST 10: Tom Dumoulin of the Netherlands crosses the finish line in the Cycling Road Men’s Individual Time Trial on Day 5 of the Rio 2016 Olympic Games at Pontal on August 10, 2016 in Rio de Janeiro, Brazil. (Photo by Bryn Lennon/Getty Images)

Laura Kenny is one of the most successful women cyclists. Kenny has clinched six Olympic medals in her career. Apart from the match-winning prize money, cyclists also earn from their endorsements and sponsorships.

Also read: Is Cycling An Expensive Sport?

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Cycling salaries: How much do professional cyclists earn?

By Lia Hervey, Sky Sports News HQ

Friday 11 December 2015 09:26, UK

Three weeks in a saddle for 200km per day in the blistering heat and pouring rain; riding up climbs too steep and long to be classified; crashes, falls and injuries - it's hard life being a professional cyclist.

The average rider will race over 10,000km in a year, in 80 days of racing, spending 220 days away from home sharing shabby hotel rooms with team-mates rather than their wives and girlfriends.

But for all the sacrifice, danger and pain, how much do cyclists get paid?

Big teams such as BMC Racing, Etixx - Quick-Step, Astana, Katusha, Movistar, Team Sky and Tinkoff-Saxo will spend between 75 per cent and 80 per cent of their budget on riders.

Chris Froome’s two Tour de France wins earn him a salary of around £3m per year. His main rival, Alberto Contador, is on a similar salary. Vincenzo Nibali, the 2014 winner, we are told, earns a little less at around £2.25m-£2.5m

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Salaries increase with performance. As a new rider Froome would have earned £80,000 when he was signed for Team Sky. As a super- domestique for Sir Bradley Wiggins, he was probably earning just over £700,000.

Big-name sprinters are also earning in the millions. Mark Cavendish, we are told, earned £3m a year at Etixx - Quick-Step and Peter Sagan is rumoured to be earning just over £3m as part of the Tinkoff-Saxo team.

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Sky Sports News HQ spoke to a number of cycling insiders to find out what drives up that price.

One told us that salaries are market driven. Despite cycling now following a similar model to professional football, with agents attempting to strike big deals for their athletes, it is the demand that sets the price.

Teams are looking for the career trajectory of a rider, so a young rider showing promise can demand much more than an older rider with a stand-out performance.

Andrew McQuaid, director of Trinity Sports Management, represents a large number of English-speaking riders. He said that, obviously, “bike wins” are the key driver in pushing up a cyclist's value, but there are other factors.

“A rider's age can push up their value,” he said. "Rohan Dennis is an example of an athlete with great recent performances but has great career potential and a great career ahead of him, which will drive up his price.”

Nationality is also key. Chris Froome gets a big pay cheque because he rides for a British team.

McQuaid said: “It’s not just a rider’s nationality, it’s a mix of factors, including the team they are going to and why that team wants that rider. For example, a team may have a British sponsor and so want a British rider.

"Lots of teams are sponsored by bike manufacturers, so it serves their purpose to have riders from that nation and they want good riders from those nations. The perfect rider for them will get the rider a good salary.”

A World Championship win or an improvement in the UCI WorldTour ranking could get a rider a pay rise of between £35,000 to £70,000, our insider told us.

Another insider told us Irish rider Dan Martin would have received an increase in salary from £1.1m to £1.4m after his Liege-Bastogne-Liege classic win in 2013.

In cycling, usually only one rider is the team leader and the rest of the team consists of domestiques or helpers - riders whose main aim is to get their leader on to the podium, sacrificing their own ambitions.

There is however a huge difference in domestique value. Basic domestiques can get between £140,000 and £420,000 a year.

One unnamed agent said a normal wage for a young rider is £35,000. The minimum wage is just over £25,000 for a professional. If they do well, they might double that, then if win a few races and show good potential, they can get up to £350,000-£560,000.

If they start to perform among some of the best in the world but not get wins, it’s roughly £1m-£1.4m. If they win Grand Tours, it’s anything from £1.75m for a Giro d'Italia win to £2.8m for a Tour de France win. Classics winners are earning roughly £1.4m to £1.75m per year.

If a domestique could win in their own right at other races away from the Grand Tours, then they can demand big money. Examples would be Team Sky's Richie Porte and Geraint Thomas. They would earn between £550,000 and £850,000 because they can demonstrate a capability of winning at WorldTour level. A super- domestique needs to show consist development and consistent performance.

A stand-out performance like Wiggins showed in the 2009 Tour would easily get a rider into the seven-figure salary bracket.

McQuaid said: "A super- domestique is someone who could win races by themselves. Mark Renshaw is a great example. He could go to any team as a sprinter and win four to five races or stages a year, but he sacrifices his chances to instead be a super- domestique for Mark Cavendish.

"He’s strong enough to win races in his own right but he uses his skill and strength to help team-mate Mark Cavendish. This separates him from the rest.”

Although it may seem that the Tour is the shop window for deals, negotiations would have been ongoing since early spring. Agents and scouts are now starting much earlier.

There is no doubt a great performance at the Tour can help contract negotiations, but teams are now more cautious about freakish performances. They are now scouting all year round at the smaller, non-televised races. They’ll be checking continuously on rankings. What to an outsider is sometimes a stand-out performance could actually be a natural progression of talent.

And in the era of doping awareness, teams do not want to be burnt. No team sponsor wants a cheating scandal to tarnish their company image.

McQuaid said: “At the Tour de Yorkshire, I sat down with a team manager and rider and he spent a long time quizzing a rider on his background and how he grew up.

"Nowadays teams want to sit down with a rider before signing. They will check their biological passport. It’s very rare they would sign a rider without having met them."

And it is not just about salaries. Riders can make huge amounts of money through sponsorship deals, appearances, bonuses and criteriums.

Tour de France prizes

1st: £315,000 2nd: £140,000 3rd: £70,000 4th: £49,000 5th: £35,000 6th: £16,000 7th: £8,000 8th: £5,300 9th: £3,200 10th: £2,650

The Tour de France pays out prize money of £315,000 for first place but it is tradition for the team leader not to take this money and to instead split it between team members and staff.

The salaries may seem huge to us mere mortals, but McQuaid believes cyclists are still underpaid compared to other sports, despite huge increases since 2008.

“The salaries for the top 10 big riders have dramatically increased," he said. “But it’s all weighted in their favour. The salaries of the lower-level riders haven’t increased at all.

“Compared to other sports, the risk and sacrifices are so much higher in cycling. These cyclists deserve their salary and maybe deserve more. The risk is so high.

"We’ve seen what happens in the big crashes. We saw what happened when Fabian Cancellara came down [at the 2015 Tour de France]. If somebody had hit that post, it’s not worth thinking about. It’s a very dangerous sport. For the risk, the sacrifice and the dedication needed, the salaries are more than justified.”

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Women’s WorldTour rider salaries increase by 25 per cent, according to UCI

One year after Women’s WorldTeams were introduced, the governing body praises ‘positive impact on women riders’

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The salaries for women’s WorldTour riders has increased by 25 per cent, according to the UCI.

Cycling’s international governing body introduced Women’s WorldTeams for the first time in 2020, along with a range of measures to improve the working conditions for pros, including a minimum salary, health insurance and maternity leave. 

The UCI announced on Thursday (May 20) that the average salary of pros in the Women’s WorldTeams has increased by 25 per cent from 2020 to 2021, as the organisation plans to increase the minimum salary to the same level as men’s ProTeams in the next few years. 

According to the governing body, the plan is to bring women’s top tier teams in line with men’s second tier squads because they are most similar in terms of resources, structure and number of people employed. 

UCI president David Lappartient said: “The rise in UCI Women’s WorldTeams salaries and budgets shows that the reform of professional women’s road cycling, as set out in cycling’s Agenda 2022, is having a positive impact on women riders and their teams. 

“There is still work to be done to strengthen the sector and continue to develop it, but the creation of the UCI Women's WorldTeams, four years after the creation of the UCI Women's WorldTour, is a central element for the growth of women's cycling.” 

The UCI employed an independent auditor, EY Lausanne, to analyse the average salary of female pros. 

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According to the study, men’s ProTeam riders earned 67.53 per cent more than female WorldTour pros in 2020, but this has dropped to 44.21 per cent this year. 

The average budget for top tier women’s teams has also increased by 22 per cent.  

The minimum salary for female riders was €15,000 (£12,900) in 2020, rising to €20,000 (£17,200) for this season.

Next season the pay will jump up to €27,000 before matching men’s ProTeams in 2023, at €32,100 (£27,600). 

>>> Grace Brown takes the overall lead after winning opening stage at Vuelta a Burgos 

The UCI has already made health insurance, life insurance, maternity leave, a maximum number of race days, and paid holidays mandatory for Women’s WorldTeams. 

From next season pension contributions will also be obligatory for WWT teams.   

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Alex Ballinger is editor of BikeBiz magazine, the leading publication for the UK cycle industry, and is the former digital news editor for CyclingWeekly.com. After gaining experience in local newsrooms, national newspapers and in digital journalism, Alex found his calling in cycling, first as a reporter, then as news editor responsible for Cycling Weekly's online news output, and now as the editor of BikeBiz. Since pro cycling first captured his heart during the 2010 Tour de France (specifically the Contador-Schleck battle) Alex covered three Tours de France, multiple editions of the Tour of Britain, and the World Championships, while both writing and video presenting for Cycling Weekly. He also specialises in fitness writing, often throwing himself into the deep end to help readers improve their own power numbers.  Away from the desk, Alex can be found racing time trials, riding BMX and mountain bikes, or exploring off-road on his gravel bike. He’s also an avid gamer, and can usually be found buried in an eclectic selection of books.

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Safety, minimum salaries top concerns from The Cyclists' Alliance 2023 survey

'The wage gap between the World Tour and Continental riders continues to widen,' TCA notes in final annual report

The Cyclists' Alliance (TCA) released the final results of their annual rider survey, revealing an increase in concern for safety at races and a broader disparity among individuals who race on the World Tour level and those on lower-tier teams. 

While riders polled from the 15 squads of the Women’s WorldTour saw income growth, the survey found wider income gaps among other rider and more riders without salaries. A total of 25% of all respondents said they received no salary or income, which is up slightly from 23% in 2022.

Disparities are broader from respondents who compete outside the World Tour, as 41% said they have been unpaid or have no salary. More than 70% of riders outside the WorldTour earned less than €10,000 a year, which is less than minimum wage in most countries, the TCA noted.

“In road cycling, the wage gap between the World Tour and Continental riders continues to widen,” the full report noted as a cause for concern with salaries . 

“The growing disparity between riders who earn a salary and those who don’t makes it more difficult for riders to compete on a level playing field.”

The UCI increased minimum salaries for Women's WorldTeams in 2023 to €32,102 (employed) / €52,647 (self-employed) in 2023. The salary structure also included a neo-pro minimum salary of €26,849 (employed) / €44,032 (self-employed). From the WorldTour respondents, 34% said they earn more than €50,000, which is up 11% from 2022.

The Cyclists' Alliance calls for UCI protocol revision after safety concerns at Tour des Pyrénées Tour Féminin des Pyrénées called off over safety issues Salaries, safety, live TV - The key concerns among the women's professional peloton

While the majority of respondents recognised “financial reasons” for leaving the sport in the future, 35% were concerned about physical safety, and many noted “racing is too dangerous”.

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There have been a number of rider protests at women’s, and men’s, races this year about safety. In June, the CIC-Tour Feminin International des Pyrénées 2023 was called off after two stages over safety concerns. In August, the men’s peloton delayed the stage 2 of the Vuelta a España over an unsafe finish and GC times were taken 9km from the end of the route.

The survey, conducted for a sixth time in June 2023, represented input from 140 women in the professional ranks across 31 countries and regions, who had experience from 56 cycling teams and five cycling disciplines. The majority of respondents had raced in the professional ranks for three or more years. It is the only survey that is carried out annually for international professional women’s cycling, gathering direct quantitative and qualitative feedback from pro riders.

The TCA had issued early findings in August, and now summarised that the top issue for female professional cyclists was for all riders to earn a minimum salary. Secondly, 58% of respondents wanted better safety protocols at races. Other findings with more 40-42% of respondents noting areas of change included an increase in live TV coverage at races, professional standards met for support team staff, and more racing opportunities for developing riders.

Many riders suggested they did not have the appropriate equipment to do their jobs and had to pay for items themselves. A total of 26% said they had to dip into personal funds to pay for items obligated as team expenses, such as UCI blood tests or bicycle repair. Several noted that equipment or clothing provided by a team was ‘unsafe’, such as helmets.

“For riders outside World Tour, the relative lack of regulations and enforcement means that many female elite cyclists are fulfilling contractual obligations with no financial compensation in return. What’s worse those riders may make a loss through costs incurred,” the study noted.

UCI regulations require that all riders on WorldTour teams must have several types of insurance and a pension plan, with the teams providing the benefits to employed riders and ensuring that self-employed riders have similar benefits for themselves. The survey found that only 40% of the employed WorldTour riders confirmed they had a pension plan. “This suggests that teams are not offering contracts which comply with the regulations” the TCA said in the final report.

The survey also found that more riders are using agents. This year, 32% of riders sought legal assistance for their contract negotiations, while 9% received advice from an agent. A year ago, only 15% of riders in the survey used legal assistance with contracts.

The next steps from the final report state: “TCA encourages all fans and stakeholders in women’s cycling to read and share the findings in this report . TCA believes the only way to create improvements in women’s cycling is to work together. TCA will be approaching stakeholders in the coming weeks to address the issues raised in this report.”

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Jackie has been involved in professional sports for more than 30 years in news reporting, sports marketing and public relations. She founded Peloton Sports in 1998, a sports marketing and public relations agency, which managed projects for Tour de Georgia, Larry H. Miller Tour of Utah and USA Cycling. She also founded Bike Alpharetta Inc, a Georgia non-profit to promote safe cycling. She is proud to have worked in professional baseball for six years - from selling advertising to pulling the tarp for several minor league teams. She has climbed l'Alpe d'Huez three times (not fast). Her favorite road and gravel rides are around horse farms in north Georgia (USA) and around lavender fields in Provence (France), and some mtb rides in Park City, Utah (USA).

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Money blog: Apple overtaken as world's second most valuable company

Nvidia has overtaken Apple to become the world's second most valuable public company; Disfrutar in Barcelona has been named the world's best restaurant; there's a new cola-flavoured Jaffa Cake launching. Read these and the rest of today's consumer news in the Money blog.

Thursday 6 June 2024 20:00, UK

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Amazon is now giving all its UK customers - not just Prime members - access to its grocery delivery service.

People living in more than 100 towns and cities will also be able to access same-day delivery without needing to be a member of its subscription service. 

This covers items from Amazon Fresh, Morrisons, Co-op and Iceland. 

It comes amid efforts from the online giant to grow its grocery business in the face of tough competition within the sector.

Prime members, who used to be the only ones who could access the service, will be given more delivery options and free shipping, subject to a minimum spend. 

US regulators are investigating the notorious meme stock investor known online as Roaring Kitty.

Keith Gill shot to fame in 2021 after he fuelled a buying spree of shares in beleaguered video game retailer GameStop. The stock passed $120 from as little as $3 in three months and saw hedge funds' positions rack up big losses.

Gill returned to online chat forum Reddit on Sunday with a post revealing he had a $116m (£90.8m) position in GameStop, telling his followers that he controlled 1.8% of the company's available stock plus call options that gave him the right to buy more.

This fuelled investor confidence in GameStop, with its market value surging as much as 75% before settling around 30% higher.

Gill's trading activities are now being examined by the Massachusetts securities regulator, while the e-trade division of US bank Morgan Stanley is considering banning Gill from its platform, according to the Wall Street Journal.

The renewed interest in GameStop has gathered plenty of momentum, as our business reporter James Sillars outlined here this week...

Some Lloyds, Halifax and the Bank of Scotland customers will be charged more to use their overdrafts as of August. 

The three major banks, which are all part of Lloyds Banking Group, are set to launch a new tiered system for determining interest rates which could see some customers paying an extra 10%. 

At the moment, Lloyds has a standard rate of 39.9%, but the overhaul will see some forced to pay 49.9% for using their overdraft. 

The new rates are set to be: 

The 27.5% rate currently being offered to Club Lloyds customers will also be axed. 

There will be specific criteria for each tier based on a customer's credit information and account activity. 

For those who will see a rise, the banks will introduce a temporary tier for six months, which means the initial impact will be no more than 7.4% of what they are paying at the moment. 

"We are writing to our customers to let them know we're introducing new interest rate tiers on our overdrafts," a Lloyds Banking Group spokesperson said.

"The changes mean many will continue to pay the same or less than they do today, while some may see an increase." 

Nvidia has overtaken Apple to become the world's second most valuable public company.

The AI microchip maker's share price has risen to be worth more than $3trn (£2.34trn) for the first time. 

Only Microsoft is a more valuable company listed on a stock exchange, while Apple has fallen into third place.

Nvidia shares rose 5% after a year of growth - with one share now costing $1,224.40 (£957).

Nvidia's chips are powering much of the rush into AI, which has seen it become a poster child of the AI boom.

Demand for its processors from the likes of Google, Microsoft and Facebook owner Meta have been outstripping supply. 

Nvidia's shares - up nearly 150% so far this year - are also being boosted by an upcoming move to split its stock by 10-to-one on Friday. 

Ian Coatsworth, investment analyst at AJ Bell, said the stock split will "bring its share price down and make it more affordable to investors". 

Tech companies - including Microsoft and Apple - have been racing to develop AI and embed it in their products.

Nvidia is a younger company than some of its peers, having been founded in 1993. Similar to many tech giants, it was founded in California in the US.

Britain is less likely to lose power this winter than it was last year, according to the company that runs the grid.

National Grid's Electricity System Operator (ESO) said it expects power plants, wind farms and other generation methods to be able to provide more than enough power to meet demand this time around. 

In an early outlook, it said the grid would have an average margin - the difference between supply of electricity and demand for it - of 5.6 gigawatts (GW) this coming winter. 

This means the period when demand might outstrip supply is just 0.1 hours.

The increased margins are in part because of improved capacity, thanks to a new 765km high-voltage cable that connects the UK's electricity network with Denmark.

The cable, called an interconnector, is known as the Viking Link, and started transporting wind power between the two countries in December.

New gas generation, growth in battery storage capacity and increased generation connected to the distribution networks have also contributed to the higher margins. 

Despite this, ESO's chief operating officer Kayte O'Neill has said it will still need to be "vigilant" due to uncertainties around global energy markets.

"As a prudent system operator we remain vigilant, continuing to monitor potential risks and working closely with our partners to establish any actions necessary to build resilience," she said.

The continent's energy system has been forced to reinvent itself in recent years, faced with potential gas shortages due to the war in Ukraine.

The 20 countries using the euro currency have seen interest rates cut from record highs following progress in the battle against inflation over the past two-and-a-half years.

The Frankfurt-based European Central Bank (ECB) said it was "appropriate" to trim its main deposit rate from 4% to 3.75%.

It followed an assertion last month by its president, Christine Lagarde, that the pace of price increases was now "under control".

But the Bank declared in a statement that the battle was not won - signalling data-driven caution on future policy decisions in the months ahead.

Its staff even revised upwards their forecasts for inflation this year and next.

As we have been discussing in Money this week, the cut before the US and UK could weaken the euro - potentially making Britons' holiday money go further.

McVitie's is selling a new flavour of Jaffa Cake - and it marks the first ever non-fruit flavour since the treat launched in 1927.

Shelves across the country will soon be stocked cola bottle flavoured cakes.

The new flavour will launch in Asda stores from 10 June and be available in other UK supermarkets - including Tesco, Sainsbury's, Morrisons, Iceland and Co-op - in the coming weeks.

Adam Woolf, marketing director at McVitie's, said: "Jaffa Cakes Cola Bottle is certainly one of our more unexpected product launches – stepping away from fruit flavours for the very first time. 

"Jaffa Cakes have always stood out from the crowd (and the biscuit aisle), but we really wanted to try something new with this one. It's no doubt going to cause some debate among our Jaffanatics, and we can't wait to hear what they think."

By  Sarah Taaffe-Maguire , business reporter

Are we entering an era of interest rate cuts? Probably not. Or at least, not yet. 

But the European Central Bank (ECB) which controls the euro currency does look set to make their first cut in four years this afternoon. 

And Canada yesterday became the first country in the club of G7 industrialised nations to bring down borrowing costs by lowering their benchmark interest rate. 

The UK, however, isn't currently expected by markets to make a cut until September. 

Elsewhere, oil prices remain below $80 but are slightly more expensive than earlier this week. A barrel of the benchmark Brent crude oil costs $79.10.

The good news for people going on holidays to countries using the euro continues - the pound is still doing well against the currency with £1 equal to €1.1757. 

That could go even higher after the ECB decision at 1.15pm. A pound also can buy $1.2783. 

Like in the US, the UK's most valuable companies have become more valuable as the FTSE (Financial Times Stock Exchange) 100 and 250 indices are up 0.33% and 0.41% respectively.

Every Thursday  Savings Champion founder Anna Bowes  gives an insight into the savings market and how to make the most of your money...

Can you believe we are almost halfway through 2024?

Although the rate rises that we have seen this year have slowed compared with the previous couple of years, and we have even seen some falls, savers are now able to find hundreds of savings accounts that pay an interest rate higher than inflation.

The latest data from the Office for National Statistics showed inflation was still higher than predicted, however - which means the anticipated base rate cut is likely to be pushed back again – into the second half of this year.

While bad news for borrowers, this is great news for savers.

Incredibly, the latest statistics from the Bank of England show there is over £253bn sitting in current accounts and savings accounts earning no interest at all.

With top rates available paying 5% or even a bit more, that is potentially £12.65bn of gross interest that is not being claimed by savers.

So now really is the time to move your money if you have cash languishing, earning less than inflation, especially if you can lock some away with a fixed rate, as a base rate cut will happen at some stage, we just don't know when.

Easy access

If you think you'll need access to your money, an easy access account is a wise choice.

The base rate cuts that we have been waiting for are yet to start, so the top rates on offer are still paying almost as much as they were at the beginning of the year.

Fixed-term bonds 

There is a strange phenomenon with fixed-term bond rates at the moment: the longer you tie up your cash, the lower the interest rates on offer.

Normally, you'd expect to be rewarded for tying up your cash over the longer term - but base rate forecasts have flipped this.

Fixed-term cash ISAs

A frequent complaint that I hear from savers is that the tax-free rates on ISAs are usually lower than the pre-tax rates on the equivalent non-ISA accounts – and this is particularly true with fixed-term accounts.

As many more savers are paying tax on their interest once again, cash ISAs are more popular than ever, as the tax-free rate of the ISA can still be considerably more than the interest earned after tax has been deducted on the non-ISA bond equivalents.

The renowned "50 Best" list of the world's best restaurants was revealed in Las Vegas last night - with a new restaurant taking top spot.

Disfrutar in Barcelona took the crown from Central in Lima, Peru (previous winners are ineligible and instead join a Best of the Best list).

Eating the standard menu costs £247 (€290) - with an extra £136 (€160) if you want the wine pairing.

To be fair, you do get around 30 courses.

They also offer a unique menu for your table for between €1,050 and €390 per person - the more people, the less it costs.

The 50 Best list says: "The combination of brilliantly imaginative dishes, unsurpassed technical mastery and playful presentation results in the dining experience of a lifetime, as full of surprises as it is memories."

Dishes include:

• Caviar-filled Panchino doughnut
• Frozen gazpacho sandwich
• Thai-style cuttlefish with coconut multi-spherical
• Squab with kombu spaghetti, almond and grape

Two UK restaurants made the top 50 but the UK was eclipsed by countries from across South America as well as Thailand, Italy, France and Spain.

London's Kol moved up slightly to 17, while Ikoyi, which we reported on a few weeks ago following a link-up with Uber Eats, came it at 42.

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