Nick Rust, CEO of the British Horseracing Authority (BHA), stressed that the COVID-19 pandemic would not beat racing, resulting in the widespread cancellation of race meets around the UK.
Senior executives of the BHA, the Racecourse Association (RCA), the National Trainers Federation (NTF) and the Racehorse Owners Association (ROA) have released a statement on the outbreak publishing details of a new strategy aimed at the’ financial response in the light of the suspension of racing.’
BHA chief executive Nick Rust, who chairs the Industry Group, said: “The effort from across the sport at the moment is incredible. There is a determination that racing will not be beaten by this shutdown. The willingness to help is universal. We will do all we can to keep people informed as we progress.”
British racing’s coronavirus industry plan has been split into four groups, covering banking, individuals, medical and equine, with the strategy set to be finalised and approved on Friday.
Emphasising that’ all potential forms of assistance are being pursued,’ the Industry Group emphasised that ‘‘effort is already directed at making sure racing is ready to return at the earliest possible opportunity.’
Racing Health chief executive Dawn Goodfellow added: “We are acutely aware that the current situation will be resulting in immediate hardship for many people from a whole range of different roles across the industry. We are working hard to ensure that any available funds that the industry can provide are disbursed quickly, fairly and transparently to those in most need.”
Rob Hezel, the Racing Foundation’s chief executive, who has handled the funds raised by racing after the Tote’s sale since 2012 said: “We are working as fast as possible with senior racing executives to work out how best to use our resources to support the developing plan.
“We are also liaising with other funding bodies to increase the levels of support that can be made available and we are examining the pressures being faced by racing’s charities so we can help them wherever possible too.”