Arena Racing Company (ARC) has signed an agreement to purchase Newcastle’s Central Park stadium, expanding its UK greyhound racing stadia portfolio.
Central Park will be added to the racetrack operator’s current greyhound venues of Nottingham, Sunderland, and Perry Barr, which will be purchased from Cearnsport Limited (Birmingham).
The purchase comes after Entain secured ARC broadcasting rights to revitalise greyhound racing season schedule, aiming to broaden the sport’s appeal and expanding its reach to new audiences.
Mark Kingston, ARC Director of Media and Technology said: “We are delighted to have reached agreement with Cearnsport Limited, and to welcome Central Park into the ARC group of venues.
‘Long term commitment to sport’
“Central Park will really enhance the portfolio of greyhound racing that we host and reiterates our long-term commitment to the sport. We will, of course, fulfil any standing arrangements with regards the track’s media rights, but look forward to Central Park becoming a key part of our schedule going forward.”
As the venue prepares for the return of owners and live fans, ARC announced that Roger Cearns will continue to serve as the venue’s lead promoter.
ARC went on to say that it would honour the current arrangement between Central Park and SIS as lead media rights distributor in its statement.
“I have, for some time now, thought that after 60 years connected to greyhound stadiums and 23 years at Central Park that the time is right for me to retire for younger people to take charge and to secure a sound future for Central Park, its trainers and employees,” Cearns commented on ARC’s buyout.
“I believe that being within the ARC group will give Central Park, it’s staff and trainers a secure and prosperous future and my best wishes go to them.”