Racecourse group steps up calls for UK government bailout of sports

The Jockey Club has stepped up calls for a UK government rescue of sports akin to the £1.5bn bailout for the arts industry.

Nevin Truesdale, group chief executive, said “we need the government to step in and provide direct support” for horseracing and the wider sporting community, citing the package for the arts announced in July. He pointed to the pandemic impact on revenues and the potential for widespread job losses without aid.

The government’s decision to halt plans to reopen stadiums this month has been met with frustration across British sport. Racecourse revenues have been hit hard by the absence of spectators at meetings, hurting their ability to continue providing race prize money.

Venue owners have urged the government to give greater clarity on when courses can reopen to spectators to help them navigate the crisis.

The Jockey Club said it now expected revenues lost from the pandemic

Read More