Is there any chance you could take a high end compact rather than all of that kit? I used to ride with kit then switched to a Panasonic TZ65 and the results have been incredible both for my shots and my speed!
I generally take one or two of my Panasonic Lumix bridge cameras nowadays, maybe if I'm not going too far a telescopic tripod/monopod. Then a few tools for my bike.
One thing I do notice is a lot of cyclists have their seat about as high as my shoulder...
Not really a problem as such been overtaken, but if I can somehow increase my performance, that would be good.