Across 888 athletes from recreational to world class, V̇O₂max explained 65–76% of the between-athlete differences in power or speed at the lactate thresholds, economy 20–24%, and fractional utilisation only 4–11%
Protocol
495 runners (105 women) and 393 cyclists (42 women) completed incremental exercise tests at one laboratory group (Loughborough, UK).
Measured: V̇O₂max (runners 56 mL·kg⁻¹·min⁻¹ / 3.94 L·min⁻¹ on average; cyclists 52 / 3.99), economy (runners 220 mL·kg⁻¹·km⁻¹; cyclists 14.7 mL·min⁻¹·W⁻¹), fractional utilisation of V̇O₂max at the lactate threshold (FU-LT: runners 78%, cyclists 70%) and at the lactate turnpoint (FU-LTP: runners 88%, cyclists 84%), and speed or power at LT (12.0 km·h⁻¹ / 190 W) and LTP (13.9 km·h⁻¹ / 240 W).
Single and multiple linear regressions related each determinant to the performance proxies (speed or power at LT and LTP) and quantified the relative contribution of each.
Key Findings
Read the direction carefully — between athletes, not within one
The question the study answers is: when two athletes differ in threshold power, which determinant explains the difference? In a cohort spanning recreational to world class, the answer is overwhelmingly V̇O₂max. That is a statement about variance in a heterogeneous population.
It is not a statement that fractional utilisation cannot change within one athlete, and it says nothing about which lever moves fastest in training — a cross-sectional regression cannot see training.
Two things compress the fractional-utilisation term by construction. Its range across the cohort is narrow (FU-LTP 84–88% on average, bounded above by 100%), while V̇O₂max ranges over nearly threefold. And it is a ratio whose denominator is V̇O₂max, so once V̇O₂max is in the model, FU can only add what V̇O₂max has not already explained.
Both are real properties of physiology, not artefacts, but they mean "4–11%" is the share of BETWEEN-athlete variance, not a measure of how much FU matters to any given rider.
The newsletter that surfaced this paper (Knowledgeiswatt #191) reports it as "393 cyclists" — that is the cycling subgroup; the study is 888 individuals across both sports, and the runners showed the same pattern.