Key points This study assessed the respective contributions of haematological and skeletal muscle adaptations to any observed improvement in peak oxygen uptake (V.(O2 peak) ) induced by endurance training (ET). V.(O2 peak) , peak cardiac output (Q. peak ), blood volumes and skeletal muscle biopsies were assessed prior (pre) to and after (post) 6weeks of ET. Following the post-ET assessment, red blood cell volume (RBCV) reverted to the pre-ET level following phlebotomy and V.(O2 peak) and Q. peak were determined again. We speculated that the contribution of skeletal muscle adaptations to an ET-induced increase in V.O2 peak could be identified when offsetting the ET-induced increase in RBCV. V.O2 peak , Q. peak , blood volumes, skeletal muscle mitochondrial volume density and capillarization were increased after ET. Following RBCV normalization, V.O2 peak and Q.peak reverted to pre-ET levels. These results demonstrate the predominant contribution of haematological adaptations to any increase in V.O2 peak induced by ET. It remains unclear whether improvements in peak oxygen uptake (. V O2peak) following endurance training (ET) are primarily determined by central and/ or peripheral adaptations. Herein, we tested the hypothesis that the improvement in. V O2peak following 6 weeks of ET is mainly determined by haematological rather than skeletal muscle adaptations. Sixteen untrained healthy male volunteers (age= 25 +/- 4years,. V O2peak = 3.5 +/- 0.5lmin-1) underwent supervised ET (6weeks, 3-4 sessions perweek).. V-O2peak, peakcardiacoutput (. Q peak), haemoglobin mass (Hbmass) and blood volumeswere assessed prior to and following ET. Skeletalmuscle biopsieswere analysed for mitochondrial volume density (MitoVD), 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 and. V O2peak and. Q peak were measured again. We speculated that the contribution of skeletal muscle adaptations to the ET-induced increase in. V O2peak would be revealed when controlling for haematological adaptations.. V O2peak and. Q 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 Hbmass 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 MitoVD increased (P < 0.05) following ET (18 +/- 16 and 43 +/- 30%), but OXPHOS remained unaltered. Through stepwise multiple regression analysis,. Q peak, RBCV and Hbmass were found to be independent predictors of. V-O2peak. In conclusion, the improvement in. V-O2peak following 6 weeks of ET is primarily attributed to increases in. Q peak and oxygen-carrying capacity of blood in untrained healthy young subjects.