Italian cyclist Gianni Moscon was suspended by his Sky team for six weeks after he racially abused another rider last week during the Tour of Romandie.
Moscon was also given a formal written warning and told to attend a diversity awareness course, following a disciplinary hearing, Sky said in a statement on Monday.
Moscon racially abused FDJ's Kevin Reza after the third stage on Friday. Sky said Moscon apologized to Reza after the stage, and the following morning to him and his team, and the apology was accepted.
Sky did not withdraw Moscon from the race, which ended on Sunday, after talking with FDJ.
''Gianni recognizes that his behavior was wrong and how seriously Team Sky take this kind of incident,'' Sky said.