Racecourse Association Releases 2023 Business Review
- Racecourse Association (RCA)'s Business Review includes departmental updates from the organisation relating to progress against annual Operating Plan and industry strategy.
- Chairman Wilf Walsh calls for stakeholders to trust in change as sport looks to progress.
- Racecourse Executive Contribution to prize money for 2022 confirmed as record high £88.8m.
- RCA confirms ongoing commitment to projects relating to venue accessibility, equine welfare and participant facilities.
The RCA is pleased to publish its 2023 Business Review following the conclusion of its Annual General Meeting (AGM).
In addition to the Business Review, extracts from the RCA Group's Statutory Annual Report and Financial Statements for the year ended 31st December 2022 are included with full published versions of the aforementioned documents available on the RCA website here.
In his opening statement, Chairman Wilf Walsh calls for stakeholders to trust in change as the sport looks to progress in the face of significant challenges. He adds that with any change comes a degree of financial risk, and praises racecourses for the innovative initiatives already in action to keep our venues competitive in the extremely competitive sports and leisure market.
The 2023 Business Review incorporates departmental updates from the organisation relating to progress against annual Operating Plan and industry strategy. This includes the Racecourse Services, Racing, Raceday Experience & Communications and Finance departments plus RaceTech, the dedicated technical facilities provider to British racing and sister company to the RCA.
The feature report in the 2023 Business Review relates to the Racecourse Accessibility Project. In the second year of a three year schedule, the project has seen all participating racecourses offered an assessment from Live Tourism to audit the customer experience from an accessibility perspective, whilst second tranche of racecourses are in the process of receiving a site audit from Level Playing Field.
The 2023 Business Review can be in full here.