pre-covid contribution levels

Racecourses will receive payments from the Racecourse Media Group (RMG) that are on par with pre-covid levels, the company revealed on Thursday. A total of £110 million, earned through racecourses' media and data rights, is projected to be paid to RMG shareholders for 2021. RMG is 100% owned by its racecourse shareholders and pays 100% of operating profit back to racecourses. Chairman Roger Lewis, who will step down at the end of the year, said, "I thank and congratulate everyone involved in racing for their herculean efforts in 2021. The...