Speaking today, BHB Chief Executive Greg Nichols said:

“We appear to have reached the finishing line, and have broad agreement that 1st August is the target implementation date. Today’s developments will be welcomed by many parties, including regional newspapers which help to promote racing by including racecards.

“The discussions have certainly been protracted, but it is to the credit of the RCA and the Horsemen’s Group that they have reached a commercial agreement that will be to the overall benefit of the sport. That said, the real work of generating additional income for Racing now begins.”