Cycling's leading teams have announced the creation of Velon - a UK-based joint venture intended to drive the future development and growth of the sport.
Team Sky principal Sir Dave Brailsford played a key role in the formation of the new group, which sees Sky team up with Belkin Pro Cycling, BMC Racing Team, Garmin-Sharp, Lampre-Merida, Lotto-Belisol, Omega Pharma-Quick-Step, Orica-GreenEDGE, Team Giant-Shimano, Tinkoff-Saxo and Trek Factory Racing.
Brailsford said: "Collaboration is the cornerstone to positive change and this is very exciting for professional cycling. It's a big step towards the sport reaching its full potential.
"The teams involved in creating Velon have come together with a powerful shared vision to optimise the sport and develop new ways for it to grow.
"If the teams unite and work collectively to make cycling better to watch and easier to understand, it's to everyone's benefit. It will encourage more fans to follow the sport."
Former cyclist Lance Armstrong was no stranger to pumping performance enhancing drugs into his body, but alcohol certainly wasn't one of them.
The disgraced American accepted an invitation to participate in a qualifying race for the Beer Mile World Championships taking place in Austin, Texas, next month.
Runners are expected to down four beers during the race, with a 400 meter run between each one, but Armstrong felt unable to continue after his first beer.
"One and done," he told Runner's World after refusing to continue. "That was not what I expected."
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Great Britain claimed three medals on the second day of the UEC Elite Track European Championships in Guadeloupe.
Ed Clancy, Jon Dibben, Owain Doull and Andy Tennant beat Germany's men by almost a second in the team pursuit to clinch gold, while Katie Archibald, Elinor Barker, Joanna Rowsell and Laura Trott defeated the Russian team by nearly seven seconds in the women's final.
There was a bronze medal for Clancy in the men's scratch race as the four-time world champion finished third behind Otto Vergaerde of Belgium and Spain's Eloy Teruelrovira.
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The Russian businessman who owns one of cycling's largest professional teams has offered €1m to four riders if they compete in all three Grand Tours next year.
Oleg Tinkov bought Team Saxo-Tinkoff in 2013, and has offered the prize to Chris Froome, Alberto Contador, Vincenzo Nibali and Nairo Quintana in a bid to get all four to take part in Giro D’Italia, Tour de France and Vuelta a España in 2015.
The €1m fee would either be split among all riders or handed out to whoever performs best across the three events.
Speaking to Italian newspaper La Gazzetta dello Sport, he said:
“It comes from my desire to see all the great champions in the three biggest races of the year.
“We spoke about it in August and then at the Vuelta a España we were able to take our idea to David Brailsford of Sky, Alexandre Vinokourov of Astana, for Froome and Nibali. Now, we need to talk to Movistar for Quintana.”
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Sir Bradley Wiggins rode brilliantly to dethrone German rival Tony Martin and win the gold medal in the Road World Championships individual time trial in Ponferrada, northern Spain.
Wiggins' exertions saw him collapse after he finished. When he recovered, the British rider dedicated the win to his family.
Wiggins collapsed on the floor in the finishers tent.