Jockey Club to put £45m into Cheltenham facilities

The proposed novel Cheltenham upgrade.

Britain’s Jockey Club has announced a £45 1000000 concept for the side past times side phase of evolution at its flagship Cheltenham Racecourse.

It volition last the Jockey Club’s largest always investment inwards racecourse facilities. Just days agone Cheltenham welcomed to a greater extent than than 235,000 people at its 2013 festival.

Subject to planning permission, the proposed evolution volition practise a state-of-the-art novel grandstand inwards house of the circa 1920s ‘A&R’ block that currently contains somebody boxes, which volition include novel annual members’ facilities, full general world viewing areas, somebody boxes too Royal Box facilities. The Jockey Club investment volition include improvements for owners too trainers, too focus on enhancing the overall client sense at the racecourse, including elevated walkways to ease mobility too multi-tiered viewing of the parade ring.

The Jockey Club, which runs fifteen racecourses inwards the U.K. nether its Jockey Club Racecourses banner, including Cheltenham, Aintree, Epsom Downs too the Rowley Mile too July Course inwards Newmarket, has invested to a greater extent than than £80 1000000 inwards facilities at Cheltenham over the end thirty years. In the end x years, The Jockey Club has invested to a greater extent than than £155 1000000 inwards novel facilities too upgrades across its racecourse estate including the novel grandstands at Aintree (£31m, 2 grandstands) too Epsom Downs (£28m, 1 grandstand).

Provided planning permission for the proposed evolution at Cheltenham is achieved inwards fourth dimension too the necessary financing is inwards place, the primary evolution volition commence instantly later the 2014 festival amongst a scheduled completion engagement ahead of the 2016 festival. During the structure period, Cheltenham would last able to kicking the bucket along staging its race programme equally normal.

Yesterday, the concept of the proposed Cheltenham evolution projection was showcased to officers from Cheltenham Borough Council, inwards advance of a detailed planning application existence submitted inwards Apr 2013.

From Apr 5, an exhibition giving interested parties the chance to arrive at feedback on the projection volition accept house inwards Cheltenham, inwards the Regent Arcade too at the racecourse.

“Cheltenham Racecourse is non entirely 1 of The Jockey Club’s crown jewels, nosotros recognise it is the habitation of Jump racing too 1 of the peachy theatres inwards British sport,” said Paul Fisher, Group Managing Director of Jockey Club Racecourses.

“It is vital nosotros kicking the bucket along to invest inwards its appeal, the sense it offers too its success, for the skillful of British racing.

“The Jockey Club has owned too run Cheltenham since 1964 too is really proud of its success too the purpose it plays inside our sport, cheers to the difficult travel of splendid teams of people, the back upwardly of the racing manufacture too The Jockey Club’s major too continued investment.

“The economic scheme remains challenging, simply nosotros kicking the bucket along to grow our trouble concern successfully year-after-year, allowing us to invest to a greater extent than into our sport. We are contributing a tape sum into prize coin inwards 2013 from our ain resources too that volition stay a telephone substitution surface area of focus for us. We suggest to finance the evolution at Cheltenham through a arrive at of commercially-sound methods, on which in that location volition last to a greater extent than tidings inwards the coming weeks,” Fisher said.

 

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