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UK Sport have announced they are to invest £275,000 to assist in the staging of the World Track Championships at Manchester in March 2008. The International Cycling Union announced last week that Manchester had beaten the Polish capital Warsaw for the right to host the championships, which will take place on March 27-30. The announcement came just days after it had been confirmed the 2007 Tour de France will be starting in London.
The UK Sport grant comes from its lottery-funded Major Events Programme. Further funding will be provided by Manchester City Council.
Speaking at a press conference to announce Manchester's success in securing the championships, UK Sport's international director, John Scott, said: "We are delighted that Great Britain has won the rights to host the 2008 UCI World Track Cycling Championships and UK Sport, through its Lottery funded Major Events Programme, has awarded a grant of up to £275,000 towards the costs of staging this event.
"This programme is committed to the development of cycling in this country and has invested heavily in the sport in recent years, including supporting the 2000 World Track Championships and three subsequent World Cups, all at the Manchester Velodrome. We are immensely looking forward to this competition in one of our most successful Olympic sports."
GB Cycling's performance director, Dave Brailsford, also welcomed the announcement. "The strategic planning for the Olympic Games and World Championships is of huge significance to the Great Britain cycling team. To be able to compete on our track in Manchester in front of a home crowd will optimise our qualification chances in securing maximum Olympic places for GB riders in Beijing 2008.
"It's been great that in the last week we have seen two major cycling events such as the Tour de France and the World Track Championships having been awarded to British cities which we look to capitalise on by helping cycling and the Olympic Cycling Team program grow from strength to strength."
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