Britain's National Stud has been rocked by the resignations of four of its five directors in a protest linked to the appointment of a new chairman at the Newmarket farm, which is run by the Levy Board, a government subsidiary.
Britain's Horserace Betting Levy Board has approved a £400,000 interest-free loan toward the construction of a new owners and trainers' facility and dining room which can be used as an entertainment suite at Pontefract Racecourse. The board also re-appointed Kirsten Rausing for a second three-year term as a director of the National Stud in Newmarket.
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