More racing planned at Newbury
Newbury Racecourse has shared more information ahead of racing at the course.
A statement issued this morning said they planned to recommence on 12 June 2020 (albeit without attendance from the public being permitted at this time) in accordance with the British Horseracing Authority’s health and safety guidelines with regard to social distancing measures.
The Company plans to hold a limited number of racing days during June and July and expects to adopt a more normal racing fixture list from August 2020. While attendance from the public is not yet permitted, the Board of Directors believes that re-opening the racecourse for racing is a positive development for the Company.
"From a financial standpoint, with racing recommencing and the re-opening of betting shops expected from 15 June 2020, we expect to begin receiving revenues again from our racing media rights.
"In addition, the Company’s Rocking Horse nursery operations will re-open from 1 June 2020 in accordance with Government health and safety guidelines and reduced child headcount.
"The Lodge hotel remains closed and we continue to expect a very difficult trading environment for the Conference and Events business."