Several, but most of them require a multihead or motorised dish and a receiver that supports it. Eurosport 1 at 19°east and the various RAI and France TV channels at 5°west all show live cycling pretty often. L'Equipe21 is also on 5°w but they've been leaving their web stream unlocked a lot lately, which is probably more useful to more people.
I used to watch France 2 and 3 on 5 West, as they were the only FTA left on Satellite. I knew RAI had set up on there, but could never locate a signal to lock onto. I assumed they were beyond my equipment’s capability.
L’Equipe is not difficult to watch online. They are the best for live cycling imo.
The French national channels have, I believe, lost the rights to show most of their cycling, to yes, Discovery plus/max.