BHA welcomes Government funding package for coronavirus-affected sports
Up to £40 million of loans will be made available to British racing.
British Horseracing Authority chief executive Nick Rust has welcomed the Government’s announcement that up to GBP 40 million will be made available to racecourses to help them weather the continuing hardship of behind-closed-doors racing. Plans for a combined GBP 300m cash injection for 11 sports severely affected by the coronavirus pandemic were unveiled by the Department of Digital, Culture, Media and Sport, with racing second to only rugby union in terms of the support it will receive. Racing has been staged without spectators since it resumed on June 1, barring two crowd pilot events at Doncaster and Warwick in September, with racecourses warning of dire consequences if the sport continues to operate without racegoers.Losses were estimated at a further GBP 70m and the Government has recognised that plea in its Sport Winter Survival Package, providing the support, which will largely be in the form of loans, to help racecourses. Rust said: “The support for racing recognises the sport’s position as the second biggest spectator sport in the UK and the financial peril faced by the tens of thousands who depend upon racing for their livelihoods.




Follow us on Twitter racing365dotcom and like our Facebook page.
Latest
-
Horse Racing
Five JP McManus-owned horses Harry Cobden will be looking forward to riding
Cobden v McManus could be a formidable partnership.
-
Horse Racing
Everything you need to know about the 2026 Cheltenham Festival
The Cheltenham Festival remains the most important...
-
Horse Racing
What Is a box bet in horse racing and how do you place one?
Making Sense of Box Bets:...
-
Horse Racing
Four horses who could be targeted at Royal Ascot
As the flat season begins to gather...
-
Horse Racing
Kentucky Derby 2025 – all eyes on Journalism and Baffert
America’s biggest horse race looms on the...
-
Horse Racing
Cheltenham Festival 2025 – Bookies spared bumper payout after opening day carnage
Bookmakers were spared an estimated £50 million...
-
Horse Racing
Rider’s ocular accident underscores importance of protective eyewear
Amid non-stop negotiations surrounding the need to...
-
Horse Racing
Concerns over inadequate facilities for female jockeys as racecourses miss upgrade deadlines
The Professional Jockeys Association (PJA)...
-
Ramatuelle ruled out of Breeders’ Cup Mile bid
French ace scratched from Del Mar contest following veterinary advice.








