Nick Rust OBE, the former Chief Executive of the British Horseracing Authority (BHA), has been confirmed as the new Chairman of the Starting Price Regulatory Commission (SPRC). The SPRC issued a statement to UK racing stakeholders, confirming that Rust would replace Lord Bernard Donoughue, who ended his 16-year tenure as SPRC chairmanship on 6 April. Lord Donoughue backed Rust’s appointment, …
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The reluctance of many horse racing bodies to take on more debt has led to the sport receiving only half of the £40 million originally earmarked by the Department of Digital, Culture, Media and Sport (DCMS). According to the Racing Post, racetracks have been unwilling to take on more debt due to the financial impacts of the coronavirus pandemic, instead …
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Horse racing will receive a much needed financial boost as part of the Department of Digital, Culture, Media and Sport’s (DCMS) latest tranche of funding. As a result of the DCMS’ latest round of sports funding, horse racing will receive £21 million in loans, committed to the Horse Betting Levy Board (HBLB). This funding ‘will ensure essential race day integrity …
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Chancellor of the Exchequer Rishi Sunak has raised direct concerns with the DCMS about further ‘enhanced affordability checks’ being imposed on bookmakers. Reported by the Racing Post, local racing delegates of Sunak’s Richmond North Yorkshire constituency wrote to the Chancellor opposing a consultation proposal being reviewed by the UK Gambling Commission (UKGC). Forming part of the government’s ongoing review of …
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Julie Harrington, Chief Executive of British Cycling, has been selected as the new head of the British Racing Authority, effective as of 4 January 2021. In addition to working for British Cycling, Harrington is also a former member of the BHA Board and was a senior executive with Northern Racing for eight years, having also served as the Managing Director …
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