racing clubs

A new licence for racehorse syndicators and racing club managers, which aims to further strengthen the regulation of shared ownership, was introduced on Thursday by the British Horseracing Authority (BHA). The licence will apply to anyone wishing to manage a syndicate or racing club that advertises publicly or that they are paid to administer. This includes licensed trainers who run their own syndicate or racing club. Its introduction follows a period of engagement with stakeholders, including an industry-wide consultation, to ensure that the regulation keeps pace with the increasing appeal...

Following a nationwide poll, interest in horse racing in Ireland has increased, Horse Racing Ireland announced on Wednesday. A poll of over 1,000 people, conducted by the Red C research company between Feb. 8-Feb. 15, aimed at understanding the adult population's attitudes toward horse racing. The results are as follows: In 2021, 39% of the population have an interest in horse racing versus 23% last year A total of 85% of racing fans are missing attending race meetings 19% of racing fans plan to attend more race meetings than previously...

New regulations designed to "support public confidence" are to be introduced for syndicates and racing clubs in Britain. The British Horseracing Authority (BHA) has announced that the 10 key measures, which include strengthening the existing code of conduct for syndicates and introducing the same for racing clubs, will be phased in over the next 12 months. Presently, all publicly advertised syndicates that charge a management fee must provide members with a contract that covers specified areas. Contract requirements will be extended and the BHA will increase its auditing of these...

A consultation into the regulation of shared ownership was launched by the British Horseracing Authority on Thursday. The purpose of the evaluation is to identify the current risks and opportunities of shared owner ship and how these can be addressed to promote growth and consumer confidence in syndicates and racing clubs. This consultation was one of the nine key goals for British racing's recover plan published last week. Key areas of interest are: Current registration structures can best support evolving ownership models; Prospective owners can make well informed decisions about...