Peter Kennaugh signs new Team Sky contract
Peter Kennaugh has described the set-up at Team Sky as the "ideal place to progress" after signing a new contract with the British-based team.
The 22-year-old from the Isle of Man is one of three young British riders to re-sign, with Ian Stannard and Ben Swift also signing new contracts.
Kennaugh says the team has given him tremendous support since 2009: "I am delighted to extend my contract.
"The team is the ideal place for me to continue progressing as a rider."
Kennaugh was Team Sky's only neo-pro during their opening campaign and team principal Dave Brailsford says he has matured tremendously since signing his first professional contract in 2009.
In 2010, Kennaugh earned his first Grand Tour ride at the Vuelta a Espana and this season marked himself out as a promising stage-race rider with a podium at the Route du Sud and a top-five finish in the Tour of Poland.
"Next year my focus will be on chasing more results on the road, probably in some of the more testing week-long races and of course .
"These are really exciting times, and I am proud to be a part of one of the biggest teams in the world," he added.
Stannard, 24, who was part Great Britain's World Championship-winning road team in September and Manx-based Ben Swift, 23, who got his first Tour de France ride in July have both signed new contracts.
Brailsford says that since the launch of the team two years ago the trio have all become highly valued and versatile members of the squad.
"Having nurtured them on Great Britain's Olympic Academy Programme, we knew these guys had bright futures ahead of them, and they have all fulfilled that promise, and more.
"It has been great to watch them flourish at the very highest level of the sport and we are delighted that they have chosen to stay with the team."
Earlier this month, Isle of Man cyclist Mark Cavendish announced he will be joining Team Sky for the start of next season.