The Jockey Club aims to swiftly alter how it’s perceived in order to bring about change
The Jockey Club is currently facing difficult times due to financial constraints. The organization’s ability to invest in prize-money and capital expenditure is being affected by a combination of crises, including falling income from betting and rising energy costs.
These challenges are not unique to the Jockey Club but are shared across the entire British racecourse sector. One specific setback for the Jockey Club is a second consecutive attendance slump at the Cheltenham Festival.
Members feel that the executive board should have predicted this decline in advance and taken preventative measures to address it. Additionally, there is a need for the members to engage in introspection and ask themselves pertinent questions about the current situation.