Peter Kennaugh conceded the overall lead at the Criterium du Dauphine as BMC Racing won the team time-trial to send Rohan Dennis into the yellow jersey.

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Manxman Kennaugh (Team Sky) held a two-second advantage after the opening two stages, with Dennis 12 seconds adrift, entering the 24.5-kilometres team test against the clock from Roanne to Montagny.

BMC Racing, the world team time-trial champions, won the stage in 29 minutes 58 seconds.

They were the only squad to dip beneath 30 minutes as Astana finished four seconds behind in second place.

Team Sky, who were the final team to take to the course due to Kennaugh leading overall, finished in 30mins 33secs, 35secs behind in sixth.

American Tejay van Garderen is second, level on time with Dennis, while Kennaugh is now 23 seconds behind in 19th place.

He remains the highest-placed Briton, with Yates twins Simon and Adam, who ride for Orica-GreenEdge close behind him.

Wednesday’s fourth stage of the traditional Tour de France warm-up, which finishes on Sunday, is the 228km route from Anneyron Porte de DromArdeche to Sisteron, which features three categorised climbs.