Bicycle racing was first introduced in Korea in 1994 with the purpose of providing leisure for citizens, and is now offered as a healthy leisure sports to raise funds for national sports promotion, expand regional finances, improve athletic performance, and develop various sports industries related to cycling as a healthy leisure sport.
With seven players in a competition, you can buy a ticket to bet on a player and receive prize money at a certain rate if your player wins.
- The KSPO has provided a total of 8749.3 billion KRW for national sports promotion over 27 years, from 1989 to 2016.
- The National Sports Promotional Fund is the driving force of national sports development, accounting for 90.8% of governmental sports budgets in 2017.
- Lifestyle Sports
- Support for lifestyle sports groups of such as the Korean Sport & Olympic Committee, etc.
- Professional Sports
- Support for the Korean Sport & Olympic Committee and sports games held in Korea
- International Sports Exchange
- Support for international sports exchanges, international sports games, and Taekwondo promotion projects
- Sports for the Disabled
- Support for the Korea Paralympic Committee
- Sports Welfare
- Athletic performance improvement research fund, sports leader research fund, etc.
- Sports Industries
- Sports Facilities Safety Inspection & Management
- Total Sports Facilities Information Management System, Public Sports Facilities Repairs, etc
- Sports Research & Talent Cultivation
- Support for sports policy development, sports science research, national teams' athletic performance improvement, sports industry promotion researches, etc.