Felix Magowan Buys 'VeloNews' and Press Back

Nearly ten years after selling VeloNews, previous co-owner Felix Magowan of Pocket Outdoor Media has purchased it, its book imprint VeloPress, and sister title Triathlete back from The World Triathlon Corporation. Also included in the sale is San Diego-based Women’s Running.

Finalised on Thursday last week, the acquisition by Magowan was backed by former executive at VeloNews Greg Thomas and Steve Maxwell, an investments expert in the water industry, as well as co-editor of The Outer Line. Details of the value of the deal have not been released, though Magowan will take on the CEO position.

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