Pro cycling is funded by selling extremely expensive products to ordinary riders — but as those products move out of reach, is the model eating itself?
According to figures published by Domestique Cycling, the average Men’s WorldTour budget for 2026 has climbed to €33 million – a 4.5% increase on 2025 – while the median salary for a self-employed rider now sits at €350,000, up 5.6%. Domestique’s analysis, drawing on information from La Gazzetta dello Sport and newly released UCI (Union Cycliste Internationale) accounts, suggests total WorldTour spend will exceed €663 million next season, with the biggest teams nudging €45–50 million a year.
These are extraordinary numbers. Small by football standards, perhaps, but eye-watering in the world of cycling.
At the same time, the price of a so-called "WorldTour-level" bike continues its steady, unapologetic march upwards. £15,000 bikes, £350 helmets, £500 shoes, bib shorts that cost a week’s wages. That’s a tough sell, even before you get to the cost-of-living crisis most of us are living through.
According to UCI rules, everything raced in the WorldTour peloton must be made commercially available to the public. Yet the bikes are designed for conditions and speeds you and I will never see. That disconnect only grows with every passing season, but the sport’s governing body continues to insist on this model.
Brands like Specialized understand the tension and don’t even try to hide it. The Aethos exists precisely because of it. It's not raced at the WorldTour level, yet it's a better bike for more of us, and fit data from its own customers supports that assertion. Still, the UCI requires brands to sell the WorldTour bike as well, effectively locking them into marketing narratives that insist the pro bike is “better,” even when it often isn’t.
None of this matters much if you’re choosing between a $13,500 S-Works Tarmac SL8 and an equally expensive S-Works Aethos. That’s a rarefied problem. At the grassroots level,
however, the mismatch between pro bikes and real-world riding becomes impossible to ignore.
At the grassroots end of the sport, if entry into the sport doesn’t already feel pretty difficult for most people, the unsustainable nature of the situation will kill it eventually.
And that is the uncomfortable truth at the heart of professional cycling’s funding model: pro racing is funded by selling extremely expensive, increasingly irrelevant products to ordinary riders.
Once seen as a working-class pursuit, cycling now sits culturally alongside golf, a sport associated with expense and status. On any given club ride, you'll see bikes that cost more than my current car. If you don’t believe the problem is real, call your local club and ask what gear you need to get started. In some corners of the sport, we’ve completely lost our minds with the perception of what a good road bike is.
And yes, we, the media, are culpable, too. A quick glance at my own reviews from the past year reveals how troublesome our role in all this is: most of the kit I’ve praised is equipment I couldn’t afford on my journalist’s wage. Not now. Probably not ever.
The thirst for cash from all corners of the cycling world is exponential at this point. The technological demands of WorldTour teams with access to these budgets are insatiable. The best teams will always find the money. But the funding model – where brands like Specialized or ENVE, sponsor teams in the hope of recouping that investment through bike and component sales – is, truly, the only game in town.
Yes, ENVE sells an awful lot of wheelsets off the back of Tadej Pogačar’s success. But does its outwardly similar sponsorship of teams like TotalEnergies translate into enough sales to justify the expense there? The switch in the team's equipment sponsorship in 2026 suggests it doesn't.
If a sponsorship deal doesn’t sell product, it doesn’t pay for itself. And when that happens, brands have only three options: raise prices, reduce support or walk away. None of those outcomes are healthy for the sport.
Some sponsorship does come from outside cycling, of course. But with fans growing tired of green- and human-rights-washing, those sponsorships tend to come with a PR problem.
Add in the fact that TV coverage of racing is increasingly paywalled and fewer people are able to afford the bikes the sport depends on, and professional cycling is now structurally dependent on a shrinking, increasingly affluent audience.
An influencer I follow recently shared photos of his "humble" bike build, with the content framed around the idea that you don’t need much to ride a big event. A worthy idea. The bike was equipped with a 12-speed GRX drivetrain. Just the groupset retails at £999.99. In what world is a multi-thousand-pound build using the latest mechanical tech considered humble? We frequently reinforce the same distortion in our own reviews, and while that may be what the audience expects, it quietly resets the baseline of what 'normal' looks like.
We’ve painted ourselves into a corner. Pro-level development is funded by consumers buying the same bikes and components. But those consumers aren’t blue-collar workers anymore; they’re bankers, consultants and hedge-fund managers; and even that market has limits.
As budgets rise, product complexity follows. As complexity rises, so do prices. And the spiral continues, pushing the sport ever further out of reach for normal people.
Road racing still hasn’t defined what it actually delivers commercially.
This is where a recent LinkedIn post by Peter Coyle (Peter C. on Linked In), an independent sports marketing and brand management consultant, is worth paying attention to. Building on Domestique Cycling’s budget analysis, Coyle makes a simple but uncomfortable point: road racing still hasn’t defined what it actually delivers commercially.
He notes that cycling remains overwhelmingly dependent on sponsorship, with teams receiving nothing from media rights, limited collective commercialisation and very little insulation from cost pressures.
For decades, the sport justified this through product trickle-down, or the idea that what the pros rode would filter into showroom bikes and drive consumer demand.
Formula 1 ran this experiment years ago but abandoned it, as it admitted: modern race technology doesn’t actually, meaningfully, trickle down. As a result, F1 is no longer a product R&D platform. It’s a brand play. Racing builds brand value, not road cars, and it's never been more popular.
Cycling, Coyle argues,.
is drifting the same way, whether it likes it or not. But that’s where the conversation gets really interesting
What if the pro cycling model shifted?
The fundamental difference between F1 and WorldTour cycling is the scale of technology. An F1 car is so far removed from a consumer car that no one seriously expects to buy one and drive one around town. A top-spec race bike, however, still sits awkwardly close to the consumer market. They are usually the exact same thing.
But what if they weren’t? Here's an idea for the UCI: ban selling WorldTour bikes to the public. Imagine a WorldTour where cutting-edge technology is developed, raced, refined and deliberately kept out of the consumer market for a defined period. A technology lock.
Fans watch the best riders in the world push the limits, knowing they’re seeing something genuinely elite. Meanwhile, the bikes sold to the public are capped at a previous generation of technology – still brilliant, still fast, but no longer pulled upward by the increasingly irrelevant and otherworldly needs of the pro peloton.
Even brilliant bikes like the Cervelo R5 and Colnago V5RS – amazing road bikes if you can afford or fit on one – are irrelevant to the pros now, who are opting for faster, more aerodynamic models. You'll still see them at a WorldTour race, but they currently live in the team truck, trotted out for the final stage, to claw back some of the money spent on their development through some sales.
In a couple of seasons' time, the climbing bike won't even make it to the race, yet its comparatively skinnier tubes make for a much better consumer offer. Still, the marketing will tell us it's not the bike we need.
It's a broken system.











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