Company type | Subsidiary |
---|---|
Industry | Bicycles |
Founded | 1972Santa Ana, California | in
Founder | Gary Turner, Richard Long |
Products | BMX, mountain, road bicycles & bicycle parts |
Parent | Pon Holdings |
Website | gtbicycles |
GT Bicycles is an American company that designs and manufactures BMX, mountain, and road bicycles. GT is a division of the Dutch conglomerate Pon Holdings, which also markets Cannondale, Schwinn, Mongoose, IronHorse, DYNO, and RoadMaster bicycle brands; all manufactured in Asia.
GT was founded in 1972, by Gary Turner and Richard Long in Santa Ana, California, and was noted at its inception for spearheading the prominence of BMX bicycles, later for developing a range of bikes around its "triple triangle" design, and at the end of its independent history, winning a commission to manufacture a $30,000 carbon fiber "Superbike"[1] for the 1996 Summer games. GT sponsored numerous race teams and individuals, including noted riders Rebecca Twigg and Juli Furtado.
In 1998, the company went public and subsequently merged with Questor Partners, then owner of Schwinn. The conglomerate went bankrupt in 2001 and was acquired by Pacific Cycle, which was in turn acquired by Dorel Industries in 2004.
On October 11, 2021, Dorel Industries sold their entire bike division to Pon Holdings for $810 million. This includes GT, Schwinn, Mongoose among other brands.