Gates Industrial Corporation Ltd. (NYSE: GTES) celebrates a historic moment in cycling history. Harriet (Hattie) Harnden of AON Racing secured the first-ever UCI Downhill Mountain Bike World Series victory on a belt-driven bike, claiming the €100,000 Gates Belted Purse in Les Gets, Haute-Savoie, France. The race featured elite riders using Gates Belt Drive systems, proving that these drives are durable and reliable in extreme conditions. Hattie Harnden praised the Gates Belt Drive for its smooth performance, eliminating issues like dropped chains or skipped gears, allowing her to focus on the race. Chris Sugai, General Manager of Mobility at Gates, acknowledged the collaborative effort behind the win, highlighting the contributions of mechanics, engineers, and support teams. This achievement underscores Gates' commitment to innovation in drivetrain technology, influencing future product development in sports, commuter, and micromobility sectors. The win reflects Gates' broader strategy to redefine high-performance cycling and set new standards for global bicycle innovation.
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