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Sir Chris Hoy expected to announce his retirement

File photo dated 18/01/2013 of Sir Chris Hoy. PRESS ASSOCIATION Photo. Issue date: Wednesday March 27, 2013. Cycling legend Sir Chris Hoy was caught up in a strong earthquake that struck in central Taiwan early today. See PA story CYCLING Hoy. Photo credit should read: Dominic Lipinski/PA Wire
File photo dated 18/01/2013 of Sir Chris Hoy. PRESS ASSOCIATION Photo. Issue date: Wednesday March 27, 2013. Cycling legend Sir Chris Hoy was caught up in a strong earthquake that struck in central Taiwan early today. See PA story CYCLING Hoy. Photo credit should read: Dominic Lipinski/PA Wire

Six-time Olympic champion Sir Chris Hoy is to hold a media conference in his home city of Edinburgh on Thursday where he is expected to announce his retirement.

Hoy, who was 37 last month, has spent the period post-London 2012 deliberating over his future, with the 2014 Commonwealth Games in Glasgow a major carrot.

The Scot will be 38 by the time competition commences at the Sir Chris Hoy Velodrome.

Privately figures in British Cycling have known for some time that Hoy, who won his first Olympic gold in Athens in 2004, is preparing to retire after four Olympic Games and a British record six gold medals, including two in the capital last August and three in Beijing in 2008.

Hoy has already prepared for life beyond competitive action and late last year announced he would be releasing a brand of bicycles bearing his name.