Racing Leaders Working Hard For Financial Support For Industry


Leaders in the racing industry on Wednesday came together to consider and plan out options for financial support to people within the sport off the back of the cancellation of racing across Britain.

Racing is set to be suspended until at least the end of April and may get even worse for racing fans depending on the spread of the virus and the governments plan of action on the situation.

Chancellor Rishi Sunak announced a rescue package for British businesses and the economy on Tuesday and since that the Racing industry team have been figuring out the best cause of action of how those in the sport get can financial help including self employed members of the industry.

The racing industry has been told that it could be a waiting game when it comes to answers from the government on the matter with the whole economy seeming to be up in the air.

Those involved in the talks included BHA chief executive Nick Rust, Rupert Arnold of the National Trainers Federation, David Armstrong of the Racecourse Association and Charlie Liverton from The Horsemen’s Group and the Racehorse Owners Association.

(Credit At The Races) A statement from the team was released and said: “We know these are anxious times for everyone in our industry. Whilst everyone is worrying about the health of their families, we now face this huge disruption.

“We know people are worried about their jobs and the survival of their businesses. We are working round-the-clock to present the most powerful case we can to the UK and devolved governments.

“People will have many, many questions as a result of this uncertainty. We cannot answer them all at present and must focus on preparing a case that sets out clearly and carefully the issues we face as an industry.

“The need to look after the 14,000 horses in training and the many more who are part of the breeding industry will be central to that case. Their welfare must be maintained. We pride ourselves on the high standards of care for horses in racing and we will not let those drop.

“We would ask all those in racing to keep in touch with the organisations that represent their part of the sport.

“Questions from employers or employees should be directed through representative bodies, using existing contacts or new ones created where those exist. The BHA and senior executives, supported by the Industry COVID19 group, will offer support as appropriate.

“As we present our case, we also know that there will be a point at which racing can return. We want to ensure the industry remains ready to resume whenever that’s possible. That will start money flowing back to the businesses that support us and to the rural economy. We know that’s well understood by government.”