British racing needs to make dramatic changes to the structure and timing of big races according to Channel 4, which broadcasts the majority of live horseracing seen on television in Britain.
The British Horseracing Board reported record prize money of more than £104 million was offered in British races during 2006, marking only the second time that the £100-million mark has been exceeded.
A ruling in the British Court Of Appeal against the British Horseracing Board has finally sunk the financial strategy being pursued by racing's rulers since 2000.
British racing's ruling body, the British Horseracing Board, has slashed budgets for 2005 in the light of losing a court case around database rights.
The British Horseracing Board's future funding strategy was thrown into disarray when the European Court of Justice Nov. 9 ruled in favor of bookmaker William Hill's challenge over database rights.
Peter Savill, who will step down at the end of June after six years as chairman of the British Horseracing Board, announced an agreement June 10 that should end the Office of Fair Trading's investigation into British racing. Businessman Martin Broughton will take over from Savill.
The British Horse Racing Board agreed to requests to stage the Epsom Derby (Eng-I) the first Saturday in June beginning in 2006 and to add a reserve list beginning in 2005.
The British Horseracing Board has, as expected, launched a strong defense against the findings of an Office Of Fair Trading investigation in the sport. The BHB has condemned them as "disastrous."
Peter Savill, entering the final year of his chairmanship on the British Horseracing Board, has warned that the racing industry in Britain is under grave threat.
One of the six main recommendations put forward today by the British Horseracing Board's review committee is to maintain and develop the British breeding industry.
Citing delay in organizational restructuring, the racing director of the British Horseracing Board resigned one year after taking up his post.
Considering the entrenched and antagonistic stances, the April 17 agreement for the right of the main British bookmakers to bet on British racing beginning May 1 was remarkable.
Leading British owner-breeder Gerald Leigh warned that his eight horses in training in Britain will move to America or France if Thoroughbred breeders lose their seat on the British Horseracing Board.
The British Horseracing Board is set to relax its tough stance of not racing at courses within 10 kilometers of a foot and mouth outbreak.
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