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Joint June Bank Holiday Initiative Encourages Drivers to ‘Pass Wide and Slow’ Around Horses

The Road Safety Authority (RSA), and An Garda Síochána (AGS) have teamed up with Horse Racing Ireland (HRI) and Horse Sport Ireland (HSI) in an effort to inform motorists how to share the roads safely with horses. Drivers are being urged to pass horses “wide and slow” but also others who use the roads.

The initiative features a series of videos to help motorists familiarise themselves with best practice when they encounter horses on the road and in areas with high equine traffic, such as around riding schools and racing yards. Motorists should always slow down, pass wide and obey the hand signals of the rider and never use the horn, rev the engine or flash the lights.

“There is a shared responsibility for road safety from all road users so we are delighted to partner with the Road Safety Authority with their horse road safety appeal,” Suzanne Eade, CEO of Horse Racing Ireland, said. “The videos have lots of useful guidelines to explain to motorists how to share the roads safely with horses and their riders. I would encourage everyone to familiarise themselves with the guidelines, especially as the busy summer period approaches. We all have a part to play in sharing the road safely.”

Denis Duggan, CEO of Horse Sport Ireland, added, “We are delighted that this series of videos is now available and will help raise awareness of what to do when road users meet horse riders on the road. Horses are live animals and can be unpredictable, so it is important that all road users familiarise themselves with the rules of the road.”

To view the new video series, click here. The RSA guidelines for 'Horse Road Safety on Public Roads' are available here.

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Study Points to Sustained Growth of Irish Racing

The racing and breeding industry delivered €2.46bn to the Irish economy in 2022, according to a survey undertaken by Deloitte and commissioned by Horse Racing Ireland (HRI).

This figure represents a rise of 34% since 2016, while the number of jobs supported by the sector has also increased during that time, by 1,450, to a total of 30,350.

Of that total economic impact, €819m is generated by the breeding industry, €264m is spent by owners in the training and running of horses, and a further €193m comes through on- and off-course spending by racegoers.

The report, which was published on Thursday, also states that Ireland is second only to the USA in the amount of money generated by bloodstock sales, with €538m in turnover during 2022.

“Ireland's global position in racing, from fledgling status a few short decades ago, is today a strong one,” said HRI chairman Nicky Hartery. “Last year the industry was responsible for over €550m of foreign direct investment, which points to the stability this industry offers to international investors.

“With the continued investment, expertise, and passion of Ireland's racing sector, we aim to expand the global market for Irish thoroughbreds, create an even bigger domestic footprint to continue to deliver for the rural economy, and demonstrably lead the sector on key measures of equine welfare and sustainability.”

The number of registered owners in Ireland has also increased over the last six years, to a current level of 4,757, which is up from 3,663 in 2016.

HRI CEO Suzanne Eade, added, “The figures from the research carried out by Deloitte on behalf of HRI demonstrate the significance of racing and breeding to the rural economy and is testament to decades of consistent government support.

“Behind the significant economic impact and our global reputation is a hugely skilled workforce, dedicated to the horses in their care. Our industry supports in excess of 30,000 FTEs, 9,400 of those in the core industry, making their living as a direct or indirect result from the racing and breeding industry.

“We are acutely aware that racing and breeding is a very competitive and mobile industry. We will continue to work with government and all stakeholders to maintain our competitive advantage and Ireland's reputation as global leaders at breeding and training racehorses.”

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Media Rights Arrangements Unanimously Approved For 21 Of The Association Of Irish Racecourses By HRI Board

The new media rights arrangements for 21 of the 26 Association of Irish Racecourses (AIR) was unanimously approved by the Board of Horse Racing Ireland (HRI) on Friday.

This new agreement is for a period of five years beginning in 2024.The HRI Board welcomed the unanimous approval of the AIR Board for this deal and the authorisation for AIR to conclude contractual arrangements for 21 of its 26 member racecourses. The completion of the sale of the media rights for 21 racecourses as well as HRI's data rights for all fixtures will now be progressed in timely fashion. The United Irish Racecourses (UIR), comprised of Kilbeggan, Limerick, Roscommon, Sligo and Thurles rejected the new media rights deal earlier this week. HRI will be writing to the quintet of UIR racecourses separately.

Suzanne Eade, CEO of HRI, said in a statement, “To maximise the value of the media rights on behalf of racecourses and the industry, the HRI media rights committee engaged experts to provide a comprehensive valuation of the rights of Irish racing and to assist with the production of an extensive invitation to tender. While the process has been lengthy, the benefits will be significant as it has resulted in new media rights arrangements, approved today by the HRI Board, which represent an extremely positive deal for all Irish racecourses.

“Based on future growth projections, it is hoped that the total value [of Irish media rights] could grow by an estimated further 50% by 2028.

“The outcome has been a long-term deal which will underpin the financial viability of racecourses until at least 2028 and has been unanimously approved by the media rights committee, the board of HRI and the board of AIR.

“Whilst the terms of the media rights arrangements cannot be revealed for confidentiality reasons, the Joint Bid by Sports Information Services (SIS) and Racecourse Media Group (RMG) clearly offered the best financial proposition for Irish racing media rights across all the packages on offer, which was independently validated by an expert third party.

“This will see the overall percentage of the total revenues received by racecourses growing progressively over the next five years. The income flowing to racecourses will be distributed on an open, transparent and equitable basis, with each racecourse receiving revenues largely derived from the betting turnover on their respective individual fixtures.

“There are significant safeguards built into the new arrangements for racecourses with each venue guaranteed its 2022 average per race income in 2024. An easing-in provision has also been included for the first three years of the new deal to assist smaller racecourses as the model moves to a turnover basis. Virtually all racecourses are forecast to achieve higher revenues in 2025 than at present.

“HRI is extremely concerned that confidential information pertaining to the existing media rights arrangements appears to have been disclosed in breach of the strict confidentiality terms within the existing contract. It is deeply regrettable that confidential and commercially sensitive information within the proposed contractual arrangements for the future rights also appears to have been disclosed. HRI will continue to respect the confidential basis on which the bids were made.

“Much has been said in the media of the HRI earnings in this media rights agreement but without acknowledging that the earnings go directly back to developing the industry, assisting racecourses with capital development grants, paying for other racecourse supports and contributing to the funding of additional fixtures which provide opportunities for owners, trainers, jockeys and all industry participants. HRI has always been conscious of the role it plays in the industry and has consistently listened and reacted to the concerns of racecourses of every size in consecutive rights negotiations.”

To read Eade's full statement, please click here.

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Sales Companies to Support ITBA NH Fillies Bonus Scheme

Goffs and Tattersalls Ireland have committed support of €50,000 each over the next three years toward the Irish Thoroughbred Breeders' Association's National Hunt Fillies Bonus Scheme, the ITBA announced.

The support is in addition to the €100,000 from Horse Racing Ireland through the Foal Levy. Established in 2013, the scheme's aim was to enhance the prices of fillies at store sales and encourage breeders to return their fillies in training. The Weatherbys ITBA NH Fillies Bonus scheme pays out €5,000 to any eligible filly who wins their mares-only maiden bumper, maiden hurdle and beginners' steeplechase. The scheme has awarded more than €2.8m in bonuses to winning connections over the past nine years. The entry fee is €200 for 2024 with each filly having the opportunity to win €15,000 in addition to prize money.

“ITBA and its National Hunt Committee are delighted with the commitment of Goffs and Tattersalls Ireland towards the Fillies Bonus Scheme,” ITBA NH Committee Chairman William Flood said. “Both sales companies have been huge supporters of the initiative from the outset. The additional support, together with the commitment of €100,000 from Horse Racing Ireland through the Foal Levy will ensure the future of the scheme and will enable National Hunt breeders and owners to benefit for keeping their fillies in training.”

Henry Beeby, Goffs Group Chief Executive, added, “Goffs has a rich heritage in NH racing and sales so it was very easy for us to offer increased support to this superb ITBA initiative.”

Simon Kerins, Tattersalls Ireland CEO, said, “This initiative has proven to be a huge success since its inception in 2013, and we are proud to play our part in encouraging breeders and buyers to return their fillies to training and enhancing their residual value. We look forward to working with Una Tormey and her team at ITBA, Goffs, Horse Racing Ireland, Weatherbys, and The Irish Field to further develop and grow this important scheme for the benefit of breeders and owners.”

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