Sports economics is a well-established and dynamic area of study; a key component in the fields of sport management, sport science and sport studies, as well as in other areas of economics, finance and management. Covering amateur to professional sports, individual events and organised tournaments, this Handbook provides an authoritative contribution to the understanding of sport in the economy. The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into sports economics. Each chapter includes a study of a specific context in which issues arise in sports economics, a critical presentation of its main theoretical contributions, an overview of current research findings, and an outline of enquiry for future research. PART I: The Nature and Value of the Sports System and Economy; PART II: Amateur Sports Participation, Supply and Impact; PART III: Professional Team Sports; PART IV: Professional Sports Leagues; PART V: Sports Events and their Impacts; PART VI: Individual Sports; and PART VII: Future Research.

The Economics of Road Cycling

The Economics of Road Cycling

The economics of road cycling
Daam Van Reeth

Introduction

Professional road cycling is one of the oldest professional sports. The first road cycling races date back to the late 19th century and some of cycling's most famous events are well over 100 years old. Paris-Roubaix was first organized in 1896, the Tour de France was created in 1903 and the first edition of the Tour of Flanders took place in 1913. Already in 1893, a first World Championships race was organized. Since the sport was practiced professionally by the end of the late 19th century, road cycling required well-established cycling federations right from the start. The International Cyclists’ Association, founded in 1892, was in fact one of the first ...

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