In the 1870s many cycling clubs flourished. They were popular in a time when there were not cars on the market and the principal mode of transportation was horse-drawn vehicles, such the horse and buggy or the horsecar. Among the earliest clubs was The Bicycle Touring Club, which has operated since 1878. By the turn of the century, cycling clubs flourished on both sides of the Atlantic, and touring and racing became widely popular. The Raleigh Bicycle Company was founded in Nottingham, England in 1888. It became the biggest bicycle manufacturing company in the world, making over two million bikes per year.