The BHA’s published nine-point plan for racing includes its most pressing one: a full return to race-day activity
An extension of the Levy to cover bets on foreign racing could be worth between £30m and £40m a year as the sport in Britain recovers from the devastating economic effects of the coronavirus pandemic, Nick Rust, the chief executive of the British Horseracing Authority, said on Tuesday. “This is not a new idea but last year the need wasn’t as pressing for us,” Rust said. “The time is right now, because the sport’s facing a tough battle.”
The plan is among the more immediate options in the recovery plan for racing published by the BHA, in conjunction with the sport’s major stakeholders in the Horsemen’s Group (HG) and the Race Course Association (RCA). Other proposals seek to attract and retain new owners, including via syndicates and a new agreement between the HG and RCA to maximise prize money in 2021, though the first of the plan’s nine “goals” is undoubtedly the most pressing: “To secure a full resumption of race-day activity, with the best possible ownership and spectator experience, and the maximum attendance possible.”
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