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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UK racing’s return will usher a starting prices overhaul
The Starting Price Regulatory Commission (SPRC) has announced that UK racing fixtures starting prices will be determined using ‘mainly off-course mechanisms‘. The change has been implemented following a number of years under consideration, with the SPRC outlining that racing fixtures needs to better reflect their betting markets as a whole. Starting prices were last examined in 2015 when on-course betting …
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