Simply throwing money at the top tier of Flat racing is likely to have unpredictable and irreparable consequences
Several months after the first rumours of its existence emerged in the Racing Post, some fairly sketchy details of Peter Savill’s latest scheme to transform racing’s fortunes emerged this week, suggesting that Savill and a number of other “industry heavyweights” want to “restructure” the Flat and boost prize money and field sizes at the highest levels of the sport.
Savill, for the benefit of younger readers, was a very hands-on chair of the British Horseracing Board, the forerunner of the British Horseracing Authority, from June 1998 to July 2004, a six-year reign that was never dull and, at times, highly controversial.
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