Tag Archives: Racecourse Association

The British Horseracing Authority (BHA) has informed that Rod Street has chosen to step down as CEO of Great British Racing Limited (GBR). Street will depart GBR at the end of April, concluding his 12-year tenure leading the promotional and marketing duties of British racing. GBR Limited is the sport’s marketing and promotional body and is a 50/50 joint commercial …

The British Horseracing Authority (BHA) will undertake a restructure of its corporate governance to strengthen the long-term development of UK racing and its implementation of a new industry strategy to improve funding.  BHA members approved the initiative this morning at the EGM of the Racecourse Association (RCA) attended by all stakeholders of UK racing. The revamp of the BHA’s corporate …

The Horse Betting Levy Board (HBLB) has agreed to terms on a £21.5 million loan secured from the British government as part of the Sport Winter Survival Package (SWSP). The loan has been issued as UK racing has suffered severe financial consequences as a result of the COVID-19 pandemic, having lost around £400 million in racecourse revenue, whilst participants experienced …

The Daily Mail has reported that the UK racing industry has been dealt another ‘hammer blow’ after the government has refused to review the duties and timetable of the Betting levy.  The newspaper cited a letter from DCMS sports minister Nigel Huddleston, who claims that he has ‘made it clear’ that a review of levy terms will not form any …

The British Horseracing Authority (BHA) has announced that it has agreed the ‘next phase of recovery’ for UK racing, working with The Horsemen’s Group and Racecourse Association (RCA). Since racing’s resumption on 1 July, the three bodies have collaborated on a wide range of recovery directives, seeking to restore racing activities and revenues for all stakeholders.  Publishing its joint plans, …

A programme outlining the races that will take place once horseracing resumes in the UK is due to be released next week, with prize money facing a significant reduction due to retail closures. The sport has been on hold since 17 March, however, the Resumption of Racing Group has stated that it will develop a provisional programme for the first …

Recent figures published by the Horserace Betting Levy Board (HBLB) have shown that interest in british horseracing has continued to grow, as both total and average attendance for the first half of 2019 Figures have indicated that there has been a two per cent rise in attendances, with total attendance reported to be 2,801,512. Average attendance per fixture has also …

British horseracing stakeholders have had to urgently initiate a plan of action following the recent Horserace Betting Levy Board’s (HBLB) announcement that estimated Levy income for the year ended 31st March 2019 will be some £78m, a fall of £17m from last year. News of the fall in yield were presented to racing’s HBLB representatives, Andy Clifton from the Racecourse …