In 2009, at the time work began on the construction of the velodrome, the estimated cost of that facility alone was £105 million. Work on the Velodrome was completed in February 2011. The Velodrome was the first Olympic Park venue to be completed. The roof is designed to reflect the geometry of cycling as well as being lightweight and efficient reflecting a bike. There is also a 360 degree concourse level with windows allowing people views of the Olympic Park. The Velodrome is energy efficient with roof lights reducing the need for artificial lights and natural ventilation reducing the need for air condition, rain water is also saved cutting the amount of water used. Designer Ron Webb who designed the Velodrome tracks for the Sydney and Athens Games was in charge of the design and installation of the track. The track was made with 56 km of Siberian Pine and 350,000 nails.
The Velodrome was officially opened by many successful British athletes including Chris Hoy and Victoria Pendleton. It is informally known as "The Pringle" due to its distinctive shape. It was shortlisted for the 2011RIBA Sterling Prize and won the 2011 Structural Awards Supreme Award for Structural Engineering. The venue will be used for the first time in competition during the UCI Track Cycling World Cup Classics in February 2012. The velodrome will also be used for the 2012 Paralympics.
The East way Cycle Circuit was demolished for the VeloPark before being merged with the new park. It was announced that along with the VeloPark there would be three new cycle circuits created around London. In early February 2007 the plans at the VeloPark / East way cycle centre were revised with no mountain bike course. By mid-February it was announced that Hog Hill would be the temporary relocation of the East way cycle centre. The promised cycle speedway track will not be built. In August 2011 it was announced that the road race course will be rerouted to allow more space and parkland after suggestions from Sport England and British Cycling. The course will now cross the River Lee and parkland linking up with other cycle routes in London.
The London Development Agency (LDA) has funded a new permanent road cycle circuit and mountain bike course at the Red bridge Cycling Centre, costing £5m. The London Borough of Red Bridge will be funding the facility up to the completion of the legacy London Velopark. Work is underway to identify an operator of Hog Hill beyond 2012. For the 2012 Summer Olympics, there will be five events for both men and women. Olympic Cycling Track is a major sport of Olympic Games. When we talk about Olympic Tickets, Olympic Cycling Track Tickets are on the top list. If you are interested in purchasing of Olympic Cycling Track Ticket, just access the Global Ticket Market and buy Olympic Cycling Track Tickets on very cheap prices. Global Ticket Market sells all kind of Olympic Tickets. You can buy any of Olympic Tickets from Global Ticket Market very easily at lesser rates.