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Introduction

K-Cycle racing is a new participatory leisure sport

K-Cycle racing games focus on ranking rather than speed and records.

K-Cycle racing is not a time trial aimed at determining the fastest rider. Competitors of similar abilities and skills compete in ranking-based races, employing their strategies to cross the finish line first. Participants predict the winner by analysing the riders’ abilities, conditions, and strategies, purchase race tickets, and receive payouts upon correctly identifying the victor.

Image of Cycle Racing
Image of Win Betting Tickets

Types of K-Cycle racing

Standard Race

Refers to K-Cycle racing held every Friday, Saturday and Sunday.

Listed Race

Features competitions with specific titles on the line, involving top-ranked riders from each grade.

Grand Prix Race

The final event of the season, featuring the best riders of the year participate to determine the K-Cycle racing champion.

Special Race

Special-purpose events held for specific business objectives. Examples include qualifying events for the Sydney Olympics, charity cycling events for flood relief, and friendship cycling events between Korea and Japan.

Others Race

Examples include the Rookie King Tournament, held to determine the best new graduate rider of the year.

Rules of K-Cycle racing

Paced Races

In paced races, a lead guide helps competitors maintain a consistent pace while shielding them from wind resistance. The lead guide withdraws from the race approximately 700 metres before the finish, allowing competitors to sprint to the line. (The lead guide is not subject to voting or betting.)

Other types of cycling include regular races, sprint races, and elimination races, though these are not currently in operation.

K-Cycle racing is a public service that returns all of its profits to society.

It is a public service project that returns all proceeds, after deducting customer refunds and statutory taxes, as well as all remaining revenue excluding event operation costs, to society through initiatives such as the National Sports Promotion Fund and local finance support.

Graph of Revenue Allocation Details Below
  • 72% of total bets are paid out as winnings to customers with correct predictions. 16% is allocated to taxes, including leisure tax, local education tax, and special rural development tax, supporting both national and local finances.
  • 12%, after event costs are deducted, funds the National Sports Promotion Fund, Culture and Arts Promotion Funds, and Youth Fostering Fund, contributing to the wellbeing and happiness of citizens.

As a green sport, K-Cycle racing contributes to society and promotes cycle activity.

K-Cycle racing not only enhances performance in cycling competitions but also promotes cycle riding as a widespread activity, contributing significantly to improving public health, addressing urban environmental issues, and solving traffic problems as a green sport.
It carries out various social contribution activities aimed at sharing and co-prosperity, such as supporting the development of amateur riders, operating cycle safety classes for underprivileged children and youth, and providing support for disabled riders.

  • Additionally, it supports the development of promising young riders in sports, implements youth cycle healing projects combining cycle riding, and undertakes diverse social contribution activities to promote mutual growth.
  • Cycling organises national-scale cycling enthusiast events such as the KSPO Baekdudaegan Gran Fondo and Speedom Challenge Fest, and promotes cycling through projects like hosting the National Cycling Championship sponsored by the CEO of the Korea Sports Promotion Foundation.
  • It also operates sports teams in less-popular disciplines, such as fencing, supporting riders who achieved medal success at the 2016 Rio Olympics (including fencing, cycling, marathon, canoeing, women’s football, diving, and disabled skiing).
721, Gwangmyeong-ro, Gwangmyeong-si, Gyeonggi-do, Republic of Korea
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