Tony Mccoy Newbury

Champion Jockey A P (Tony) McCoy talks to trainer Nicky Henderson at Newbury Racecourse

Good weather boosts Newbury Racecourse

The racecourse saw revenue rise during the first half of the year, boosted by the fact that no fixtures were cancelled due to the weather.

Newbury Racecourse saw turnover rise 10% to £7.04m during the six months ended 30 June, boosted by a 24% rise in attendances.

The group was also boosted by a 400% increase in revenues at The Lodge, the racecourse’s new 36-bedroom hotel.

Betfred Ladies Day in August with Olly Murs also proved to be the course’s biggest raceday attendance for five years, with 23,000 people passing through the gates.

Dominic Burke, chairman of Newbury Racecourse, said: “In the first six months of 2017 we have continued to make good progress against our strategy of redevelopment and growth, with 10% growth in total turnover.

“Raceday attendance in the first half of the year was up 24% on the prior year and we have seen further significant growth in our nursery business and The Lodge hotel trade, although trading conditions for hospitality and conference and events have been challenging.

“We are pleased with the continued steady progress on the DWH residential development and we have made good progress on our own redevelopment, with the new saddling boxes, pre-parade ring and eastern entrance building all now completed and in use.

“We remain confident in the delivery of a positive financial outturn for the remainder of 2017.”