Prior to his career as a professional mountain biker Peat was employed as a plumber by James Lamb.

He rode for GT Bicycles in the late 1990s and for the Orange team between 2002 and 2005, winning the Fort William downhill world cup round in 2005.

As last man down the hill, Peat won[1] the La Bresse downhill world cup round 2 on 10 May 2009 with a time of 02:07.14 knocking Sam Hill out of the hot seat for his 16th world cup round win, tying at the top of the all-time leader-board with Nicolas Vouilloz.

Just one week later on 17 May 2009, at the third round of the UCI World Cup in Vallnord, Peat won again[2] (besting compatriot Gee Atherton by just 0.02 seconds) making him the most successful male downhill mountain bike racer ever by number of wins at the time.

Following his recent world champ status he has released his own game 'Steve Peat – Downhill Mountain Biking' for the iPhone, iPad and iPod Touch.