WHY ALTITUDE TRAINING DOES NOT WORK
Noakes, T. D. (2000). Physiological models to understand exercise fatigue and the adaptations that predict or enhance athletic performance. Scandinavian Journal of Medicine and Science in Sports, 10, 123-145.
The presence of a "governor" preventing the development of anaerobiosis in either heart or skeletal muscle during exercise at altitude has interesting implications for theories of the value of exercise training at altitude. For its presence means that any beneficial effect of altitude training cannot result from repeated exposure of either the heart or exercising muscle to greater levels of [fictional] "anaerobiosis" than can be achieved during maximal exercise at sea level. This might explain why there remains considerable controversy about the proven value of high intensity training at altitude. (p. 129).
Adaptation at altitude is accompanied by the following phenomena that are paradoxical to improving performance capabilities.
Implication. There is no physiological model that supports the contention that altitude training improves performance.