“I was involved in the formation of City Racing during my time at The Jockey Club, where we backed the venture alongside an outstanding group of shareholders like Andrews Bowen, New World Capital Advisors, Peter Phillips and JSC Communications. I am passionate about the horse racing industry and I strongly believe the exciting and vibrant fundamentals of City Racing will bring much needed innovation, diversity and inclusion to the world of horse racing. I am looking forward to working more closely with Peter Phillips and the excellent team and continuing to develop all the opportunities City Racing has to offer for the modern fan.”

Phillips added, “Paul has always been instrumental and supportive in the build out of City Racing. We are delighted to have appointed Paul as executive vice chairman ahead of a demanding year in preparing for our inaugural event and the development of other locations as part of City Racing's Global Series.”

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Spokesman Johnno Spence said, “We have got the support of France Galop, which enables us to work with them moving forwards. There’s still lots to confirm, but we are working towards a date at the end of April or beginning of May next year in Cannes.”

The surface is designed to be able to be taken up within 72 hours, and the original goal of the concept was to hold races on the world’s iconic streets. The surface has been tested at Aintree and Newmarket but approval has not yet been granted by the British Horseracing Authority.

“For us, the key is getting one of these under our belts so that we can demonstrate how it will work,” Spence said. “Talks have been taking place with a number of major cities, but everyone would like to see the concept in action.

“This is definitely a step forward for us. We now just have to pinpoint a date and make sure it doesn’t clash with any other major fixtures.”

Spence noted that the coronavirus pandemic has slowed progress.

“It has been a long time getting to this point,” he said. “We will obviously abide by any Covid restrictions in place. France has crowds on racecourses at the moment, so hopefully that will still be the case and international travel will be allowed, as we want the top international jockeys to be taking part.

“It’s obviously still a way off though and things seem to change so quickly.”

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