Great Britain awarded £35.4m funding to prepare for 2024 Paris Olympics

Great Britain
(Image credit: Getty Images Sport)

British Cycling has been awarded £35.4m ($48m USD) to fund the Great Britain national cycling team for the next four years in preparations for the 2024 Olympic Games in Paris. 

The funding is part of a total investment of over £350m ($475m) in British sport for the next four years, with success at the Olympic and Paralympic Games the final objective. The funding was awarded by UK Sport, which is in turn financed by the British government and the British national lottery. 

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