Braking systems and methods for exercise equipment

Systems and methods for adjusting resistance on an exercise apparatus include a first resistance apparatus having an adjusting bracket, magnetic members mounted on an inner surface of the adjusting bracket, a stepper motor having an adjusting shaft and operable to traverse a portion of the length of the adjusting shaft. At a first position, the magnetic members are disposed above a flywheel, and in a second position, the magnetic members are disposed on opposite sides of the flywheel, providing resistance thereto. A load cell couples the adjusting bracket to the frame and generates a signal corresponding to the movement of the adjusting bracket. A computing system calculates resistance, rpms, power from load cell signal, stepper motor position, shaft rotational position and other sensor inputs.