Answer by taking a quote from the following article:

Ride are a British rock band that formed in 1988 in Oxford, England, consisting of Andy Bell, Mark Gardener, Laurence "Loz" Colbert, and Steve Queralt. The band were initially part of the "shoegazing" scene that emerged in England during the early 1990s. Following the break-up of the band in 1996, members moved on to various other projects, most notably Bell who became the bassist for Oasis. In 2001, the band briefly reunited for a one-off performance for a television show.

1995 saw the dissolution of the band while recording Tarantula. Gardener and Bell had led the band away from their shoegazing roots to become more contemporary, hoping to change their style with the times. Queralt has remarked that the band had two future directions open to them, and they chose the wrong option. Gardener had become interested in dance music, and wanted Ride to incorporate that into their style, while Bell disagreed. The track listing of Carnival of Light gives an indication of the tension that was mounting between the two guitarists, with the first half of the album being songs written by Mark Gardener and the last half of the album being songs written by Andy Bell - Andy Bell had refused to let his songs be interspersed with pieces written by Gardener. Years later Andy Bell explained "Imagine an argument where the way you win, is by saying 'I don't want my songs on the same side of the album as yours' and it ACTUALLY HAPPENS. We were allowed by the people around us to behave like total babies."  By the time Tarantula appeared, the band was beginning to self-destruct. Bell penned most of the songs while Gardener provided only one - the tension within the band leading to an inability to write meaningful musical pieces. Castle on the Hill, written by Bell, was a lament for the band's situation and contains references to Gardener's self-imposed exile from the group. Gardener walked out during the album's mixing sessions, and the band announced their break-up shortly before its release in March 1996. The album was released and remained on sale for one week before being withdrawn. Critics and fans alike had panned the album (although the first single off the album, "Black Nite Crash", was awarded "single of the week" by weekly music magazine Melody Maker). The album was described by AllMusic as "an abomination of '70s/Lenny Kravitz cliches, full of third- and fourth-rate tunes and, ultimately, bad blood", going on to say "the words are just plain awful throughout, not even worth printing". Rolling Stone were more complimentary, stating "the album is saved from maudlin self-obsession because it's rawer and rocks harder than anything else Ride have recorded".  Since the break-up, both Bell and Gardener have been more reflective about the group's disintegration, with Bell especially admitting his own part in the process.

What events led to the breakup of the band?
the band was beginning to self-destruct.