Key pointsr This study assessed the respective contributions of haematological and skeletal muscle adaptations to any observed improvement in peak oxygen uptake (V O 2 peak ) induced by endurance training (ET).rV O 2 peak , peak cardiac output (Q peak ), blood volumes and skeletal muscle biopsies were assessed prior (pre) to and after (post) 6 weeks of ET. Following the post-ET assessment, red blood cell volume (RBCV) reverted to the pre-ET level following phlebotomy andV O 2 peak andQ peak were determined again.r We speculated that the contribution of skeletal muscle adaptations to an ET-induced increase inV O 2 peak could be identified when offsetting the ET-induced increase in RBCV.rV O 2 peak ,Q peak , blood volumes, skeletal muscle mitochondrial volume density and capillarization were increased after ET. Following RBCV normalization,V O 2 peak andQ peak reverted to pre-ET levels.r These results demonstrate the predominant contribution of haematological adaptations to any increase inV O 2 peak induced by ET.Abstract It remains unclear whether improvements in peak oxygen uptake (V O 2 peak ) following endurance training (ET) are primarily determined by central and/or peripheral adaptations. Herein, we tested the hypothesis that the improvement inV O 2 peak following 6 weeks of ET is mainly determined by haematological rather than skeletal muscle adaptations. Sixteen untrained healthy male volunteers (age = 25 ± 4 years,V O 2 peak = 3.5 ± 0.5 l min −1 ) underwent supervised ET (6 weeks, 3-4 sessions per week).V O 2 peak , peak cardiac output (Q peak ), haemoglobin mass (Hb mass ) and blood volumes were assessed prior to and following ET. Skeletal muscle biopsies were analysed for mitochondrial volume density (Mito VD ), capillarity, fibre types and respiratory capacity (OXPHOS). After the post-ET assessment, red blood cell volume (RBCV) was re-established at the pre-ET level by phlebotomy andV O 2 peak andQ peak were measured again. We speculated that the contribution of skeletal muscle adaptations to the ET-induced increase inV O 2 peak would be revealed when controlling for haematological adaptations.V O 2 peak andQ peak were increased (P < 0.05) following ET (9 ± 8 and 7 ± 6%, respectively) and decreased (P < 0.05) after phlebotomy (−7 ± 7 and −10 ± 7%). RBCV, plasma volume and Hb mass all increased (P < 0.05) after ET (8 ± 4, 4 ± 6 and 6 ± 5%). As for skeletal muscle adaptations, capillary-to-fibre ratio and total Mito VD increased (P < 0.05) following ET (18 ± 16 and 43 ± 30%), but OXPHOS remained unaltered. Through stepwise multiple regression analysis,Q peak , RBCV and Hb mass were found to be independent predictors ofV O 2 peak . In conclusion, the improvement inV O 2 peak following 6 weeks of ET is primarily attributed to increases inQ peak and oxygen-carrying capacity of blood in untrained healthy young subjects.