The Dave Rayner Fund has been awarded charitable status by the Charity Commission and will now be known as The Rayner Foundation.
The Dave Rayner Fund supports young riders taking their first steps towards a professional career.
It is named in memory of Dave Rayner, a professional cyclist who was one of the few British cyclists in the late 1980s and the early 1990s to flourish in a cycling team outside the UK.
Rayner rode for the Dutch Buckler team for two years competing in most of the major races on the international cycling calendar, only injury preventing him from a ride in the Tour de France.
During a night out in Bradford in 1994 with friends and his wife Serena, whom he had married just five weeks earlier, Rayner was the victim of an assault that led to his death four days later.
The Dave Rayner fund was set up in 1995 by his teammates and friends. Through its annual dinner and other activities, the fund has so far raised over £1,000,000 to provide financial support for young riders to travel abroad, set up home and safely function on a day-to-day basis.
Riders to have benefited in the past include David Millar, Adam Yates, Owain Doull, Hannah Barnes and Tao Geoghegan Hart.
Speaking on behalf of the Rayner Fund Committee, founder member (and current team manager for the British U23 team) Keith Lambert said:
“Being awarded charitable status has been a brilliant achievement and will ensure we can further enable riders to progress in the sport of competitive cycling, whether that is on the bike or off it.
“The assistance we are able to provide is financial, but it also takes the form of advice, mentoring and mental support to inspire, empower and support the next generation of athletes so they can achieve to the best of their ability.
“We hope this fantastic boost for the fund will help us to encourage more women and riders from underrepresented groups to engage in the sport.”
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