The Jockey Club
Foreword by the Senior Steward
SUPPORTING BRITISH RACING
Welcome to this first digital edition of The Jockey Club’s Annual Review and Outlook . We live in a digital world and also we have set ourselves some challenging but important environmental targets as an organisation. In fact, adapting to remain relevant as British society evolves and acting as a responsible citizen are both very important to what we are trying to achieve to have a long, healthy and happy future. Thank you wholeheartedly if you have supported The Jockey Club in some way over the last year. Haven’t we enjoyed some wonderful racing on the Flat and over Jumps at our 15 racecourses and beyond? Newmarket-trained Enable dominant in the middle distance division, Altior unbeaten in nineteen starts, Tiger Roll becoming the first horse since Red Rum to win back-to-back Grand Nationals and so many more. With the help of ITV, Racing TV, the wider media and our own digital platforms, our best horses and the teams behind them have helped to
captivate millions of people in Britain. As the largest commercial group in British Racing our financial performance is important in order to generate funds to invest into our sport’s prize money, facilities and initiatives. We put all profits back into British Racing. 2018 was a tenth consecutive year of commercial growth, allowing us to contribute record amounts into our sport’s prize money. This is outlined in more detail in the Group Chief Executive’s However, with a multi- million pound reduction in funds via the betting industry anticipated, we now face some financial headwinds outside of our direct control. As such, innovation and diversification have never been more important, as is working together across all stakeholders to play a part in overcoming challenges. The good news is that we have a strong and resilient core to build from. We have significant scale as a sport and this is to our great advantage. We reach Review and Business Performance section.
Roger Weatherby
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