• 1. Introduction
  • 2. An economic spotlight on professional cycling
  • 2.1. Historical overview
  • 2.2. The UCI Pro Tour
  • 2.3. Economic structure of professional cycling
  • 2.4. Peculiarities of professional cycling
  • 3. The new UCI Pro Tour – A Theoretical analysis
  • 3.1. The optimal number of teams
  • 3.2 The choice of the closed league
  • 3.2. Rents and competitive balance in an oligopolistic setting
  • 3.3. Disutility and differentiation
  • 4. Empirical verification
  • 5. Efficiency improvements
  • 5.1. The introduction of a promotion/relegation system
  • 5.2. The implementation of an open league in UCI Pro Tour
  • 6. Conclusion
  • References