Jockey Club Registers Record Revenues Of £200M
By email@example.com | April 30, 2018
British horse racing’s largest commercial group, The Jockey Club, exceeded £200m ($274.5m) in revenue for 2017 – the largest figure in its 268-year history.
The organisation, which hosts some of the most popular events on the British sporting calendar including the Grand National and Cheltenham Festival, has now delivered turnover growth for the ninth successive year.
The revenue increase allowed the club to make a record contribution to horse racing last year, with available prize money for all its 334 race meetings totaling £45.7m ($62.7m).
The Jockey Club’s Group Chief Executive, Simon Bazalgette, said of the figures: “I’m very pleased we were able to make a record financial contribution to British Racing in 2017. We’re working hard to build The Jockey Club brand to create more value to benefit British Racing.”
The Jockey Club was founded in 1750 and currently operates 15 racecourses across the UK.