A new BMX centre will be built in Knightswood after the city council agreed to stump up nearly £333,000.
The new international-standard track will be located on redundant red braes football pitches at Knightswood Recreation Ground.
Councillors also approved almost £617,000 funding towards the extension of the existing mountain bike trails and facilities at Cathkin Braes Country Park.
Both locations will be competition venues for the Glasgow 2018 European Championships.
Local councillor Michael Cullen, SNP member for the Garscadden/Scotstounhill ward, tweeted: "Excellent news @GlasgowCC approves funding for Knightswood BMX facilities!"
The new BMX Centre will be Scotland's first and only World and Olympic standard BMX track.
The facility will be the new home of the Western Titans BMX Club.
The main track will accommodate riders of all ages and abilities and will feature eight and five metre start ramps for advanced riders.
There will also be a track for learners, and the tracks will be floodlit.
In addition, the centre will feature toilet and changing facilities, a meeting room, a car park and an access road from Archerhill Road.
The playpark and games area on the edge of the current blaes pitches will remain.
Councillor Michael Cullen:
"Excellent news @GlasgowCC approves funding for Knightswood BMX facilities!"
Other funding for the centre will come from the Glasgow 2018 European Championships, sportscotland and HSBC/British Cycling.
A Glasgow City Council spokesman said: "This funding will add to Glasgow's outstanding collection of sporting facilities, with these two fantastic venues open for the people of Glasgow and our visitors to use, and capable of hosting local, national and international events.
"There will be fantastic opportunities for local communities to take part in the development of cycling in Glasgow."
Most of the funding approved by the executive committee comes from capital receipts in the areas.
The rest of the cash is coming from revenue budgets to help run the centres over the next ten years.