The Jockey Club also aspires to strengthen the prosperity of jump racing around the country.

Plan includes boost to good causes like Horse Welfare

More than £500 million will be invested into British Horseracing over the next 10 years through a nationwide programme, the Jockey Club has revealed.

Unveiled on Tuesday (10 January), the investment plan is set to benefit horsemen and racegoers alike, across all the group’s racecourses and training grounds.

The plan includes staging popular and enjoyable events, contributing record prize money, and boosting good causes like Horse Welfare.

The Jockey Club also aspires to strengthen the prosperity of jump racing around the country and to build a new all-weather racecourse at Newmarket.

Organisers say the plan will be funded through commercial operations and, subject to a successful planning application, redevelopment at Kempton Park Racecourse for housing.  

If development is permitted, The Jockey Club seeks to ensure it generates more than £100 million for investment in British Racing.

“Horsemen and customers alike will enjoy the benefit of numerous projects nationwide that result from the record investment proposals we unveil today, which include investments at each of our racecourses and training grounds throughout the country, ” said Roger Weatherby, senior steward of The Jockey Club.

“A new purpose-built all-weather course on The Links in Newmarket to replace that at Kempton Park would be ideal for the thousands of horses trained at the Home of Racing and beyond, as well as shortening the working day for racing’s people there.

“I am also particularly pleased that The Jockey Club will be even better placed in the coming years to provide further support to important causes, such as racing’s welfare and education programmes. As ever our intention is for our sport to benefit to the greatest extent possible.”