'It's going to be a tough time' - the challenging headwinds for British racing

BHA chief executive Julie Harrington delivered what she described as a "financial health check" for the sport in Britain when she addressed the Horseracing Industry Conference at Windsor racecourse at the end of September.

Speaking before Omicron had entered public discourse, Harrington said that as British racing emerged from Covid, breeding and racing made up "a resilient world-class industry that Britain is lucky to have".

She added: "The number of horses in training, trainers and jockeys are virtually unchanged. Revenues next year should be just over 95 per cent of where they were in 2019, based on racegoer numbers returning to more or less where they were before Covid, and betting revenues holding up really well.