Assistance Given To Regional Racing Companies And Racecourses By France Galop

Over 130 racecourses will benefit from the financial assistance | Scoop Dyga

Regional racing companies in France are the beneficiaries of exceptional assistance from France Galop, after the company's Board of Directors approved the motion.

Due to 2022 results above expectations of France Galop and the strong inflation that the regional racing companies have been experiencing for several months, an additional €800,000 has been released to racecourses and racing companies not managed by France Galop. The announcement follows a France Galop Board of Directors meeting on Mar. 15.

This “inflation premium”, which is being paid, concerns 134 racetracks that have organized 5,350 gallop races in 2022. The aid paid to the regional racing companies is calculated on the basis of €150 per race organised during the year 2022.

Not a subscriber? Click here to sign up for the daily PDF or alerts.

Copy Article Link

Liked this article? Read more like this.

  1. Task Force Savings Plan Approved By France Galop
  2. Seven Days: Starspangledbanner Yet Waves
  3. 'We Are in Survival Mode': France Galop Launches Fightback in Wake of Finance Cuts
  4. New Format Announced for the Prix de l'Arc de Triomphe Draw
  5. 'Nothing Must Remain Stagnant': France Galop President Calls for Change
X

Never miss another story from the TDN

Click Here to sign up for a free subscription.