Velodrome and velo-park funding confirmed

The redevelopment of the Eastway site will be part of London's 'pre-build' for the Olympics. If the London bid fails some of the planned facilities will never be built. British Cycling is jubilant that the velodrome is a guaranteed construction project.

This new track is a crucial component of British Cycling's ambitious facility strategy, which includes plans for four covered 250-metre velodromes in the UK. Currently there are tracks in Manchester and Newport, South Wales. London is the third track and Edinburgh is likely to be the fourth.

This new facility at the Lee Valley Park will also be a regional base for British Cycling's Talent Team Programme, which tests over 30,000 children across the UK annually, in search for future GB team riders.

British Cycling  has maintained from the outset that the new London velodrome needed to be a permanent facility and not temporary, as the early plans suggested. For more details about the plans and an artists impression of the site visit the British Cycling website.

The velodrome is expected to be the centre piece of a "Velo-park", incorporating a BMX track, closed circuit and cycle speedway track.