Specialized's Mike Sinyard commits $10 million additional funding to inclusion and diversity programs

Cycling: Team HTC High Road Training camp
Mike Sinyard (Usa) Owner Specialized /
Camp D'Entrainement / Kamp Stage /
Equipe Ploeg / (c)Tim De Waele
Specialized owner Mike Sinyard (Image credit: Getty Images Sport)

As protests against systemic racism and police brutality continue across the USA in response to the death of George Floyd, Specialized founder Mike Sinyard has released a statement outlining the company's plans to encourage inclusion and diversity in cycling, personally committing $10 million of additional funding.

The message, which was sent to partners and retailers on Thursday, reflects that cycling has a problem with racial inequality, adding that the company has played a part in that. Sinyard added that moments of crisis can lead to real change.

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