More funding will go assist cyclists like Michaela Drummond and Racquel Sheath, who won Gold in the Women's Madison final at the World Cup. Photo / Photosport
More funding will go assist cyclists like Michaela Drummond and Racquel Sheath, who won Gold in the Women's Madison final at the World Cup. Photo / Photosport
High Performance Sport New Zealand (HPSNZ) have made some tweaks to their funding allocations for next year.
Cycling is the biggest winner, given a $200,000 bump from the $4.2 million they received in 2017.
Cycling sits behind only rowing ($5.1 million) in terms of investment for 2018, with fellow tierone sports yachting ($3.8 million) and athletics ($2.7 million) seeing their funding levels stay constant for next year.
Cycling New Zealand, and Canoe Sprint New Zealand, have had their core investment extended until 2020, while $340,000 of operational savings achieved by HPSNZ over the past year have been redistributed across several sports.
Also getting a boost for 2018 are Paralympics New Zealand, who gain an additional $25,000 as a one-off investment for next year's Winter Olympics in South Korea
Men's softball gets an extra $50,000 to support their 2019 World Cup preparation, while shooters Chloe Tipple and Owen Robinson each receive an additional $15,000 ahead of the Commonwealth Games.
There's also an extra $20,000 for long track speed skating for next year's Winter Olympics, while squash player Paul Coll earns $15,000 towards his Commonwealth Games doubles preparation and his campaign to become world number one.
The two-year funding agreements for many sports are set to conclude at the end of 2018, and a new round of investment decisions will be announced in December 2018 through to Tokyo 2020.
