17 Dec 2010

Rowing, cycling, equestrian, paralympics win big

7:04 pm on 17 December 2010

Rowing, cycling, equestrian and Paralympics are the major winners in the latest funding announced by the government sport's funding agency SPARC.

Rowing gets an increase of $800,000 over the next two years, meaning it will receive $4.3 million a year after winning seven medals at the recent world champs on Lake Karapiro.

Bike New Zealand, which includes road, track, BMX and mountainbike, will receive an extra half a million dollars a year, getting just over four million dollars a year in 2011 and 2012.

Equestrian will receive increased funding for its eventing programme, rising from $525,000 this year to $900,000 in 2011 and $1 million in 2012.

Paralympics New Zealand funding doubles.

Next year it will receive $1.4 million and $1.5 million in 2012, that's up from $650,000 this year.