David McSkimming, 53, was driving a Porsche Boxster when he hit Anthony Satterthwaite in Solihull at 11.50am on December 22, 2018.
Mr Satterthwaite was cycling in the opposite direction to the Porsche on Eastcote Lane when McSkimming lost control of the car and it span onto the wrong side of the damp road.
It hit a tree before rebounding across the carriageway and crashing into 51-year-old Mr Satterthwaite.
Mr Satterthwaite suffered critical injuries and was pronounced dead at the scene by paramedics.
Forensic investigators concluded that the car was travelling at 59mph in the 40mph zone on the approach to the bend.
McSkimming admitted causing death by careless driving and today he was sentenced to six months jail suspended for two years at Birmingham Crown Court.
McSkimming, of Gainsborough Crescent, Knowle, was also ordered to carry out 250 hours community service and banned from driving for two years.
In a victim impact statement read to the court, Mr Satterthwaite’s wife said: "Most people will remember Anthony for his huge smile, his laugh and his friendly demeanour.
"Anthony was an incredibly strong cyclist who was passionate about the sport and would cycle hundreds of miles a week to keep fit and also enjoy the great outdoors as well as the social aspect of cycling."
Det Sgt Paul Hughes, of the Serious Collision Investigation Unit, said: "This was a tragic collision which resulted in the death of a much-loved husband and father.
"Our thoughts remain with Anthony’s devastated family at this difficult time."