Latest Horse Racing News (Week 1 June 2018)

Rising profit at Ascot

According to recent results, profits at Ascot have increased for a fifth consecutive year. A successful Royal Ascot has gone a long way in increasing profits, as they have risen from £5.1m to £6.2m. The substantial increase in ticket price(seven percent) has helped in increasing profits. The course is well on course to becoming debt free by 2023 after having reduced net debt to £59.8 by the end of 2017.Guy Henderson, the Chief Executive of Royal Ascot claimed that they had been trying to deliver sustainable and consistent progress. He added that the aim of Royal Ascot has always been to advance bit by bit rather than having a major spike.

He expressed his gratitude everyone in Royal Ascot for their immense hard work and dedication. He also expressed his satisfaction at the fact that the course was looking to invest more in important spheres like infrastructure, debt management and equestrians.


Harry Cobden out for 3 months

Harry Cobden, who was recently presented as Paul Nicholls’ new stable jockey is side-lined for most of the summer after suffering a minor fracture in his neck. The 19-year old injured himself in Market Rasen this Friday. He had made a good start as he was third when he met with this accident. At first, it did not look bad as he walked away from the site only to spend the night in a hospital at Nottingham.Nicholls, a ten-time champion trainer spoke of the incident afterwards. He informed that Cobden had suffered a fracture to his C2 vertebra. He added that Cobden will have to be in neck braces for the next eight weeks and that his aim was to make a September return.

Cobden was in decent form as he was 9th in the championship table as he finished his season with 76 winners and has replaced Sam Twiston-Davies as the number one jockey of Nicholls since then.




New Book on Horse Racing published

Professor Mike Higgins, an Emeritus Professor from the University of Cumbria has published his new book which aims to shine light at the correlation between Horse Racing and the British Society in the 18th century. His book, published by Boydell Press, traverses through the ancient times of Britain in the 1700s and aims at examining the situations under which horse racing turned into a significant summer leisure event from an informal area of interest for some of the British elite.

The book records other fascinating things such as racehorse ownership and a look into the forbidden world of bloodstock breeders, jockeys, stable hands, stud grooms and racing’s key professionals. The professor expressed his joy at being able to revisit those times, through digital history, of course. Professor Mike Higgins’ book is a look back into the times when Horse Racing emerged as a leisure activity.