Newbury Racecourse plc

About Newbury Racecourse plc

Newbury Racecourse PLC owns Newbury Racecourse which hosts 31 horseracing fixtures all year round across both National Hunt and Flat racing codes. It generates the majority of its income through public attendance and media rights at these fixtures, including 2 with an evening concert after racing. In addition to horseracing the company generates income from a number of non-racing activities including conferences, exhibitions and events (both indoor and outdoor). The company also owns and operates a 7-room children’s nursery called The Rocking Horse Nursery which can accommodate over 150 children up to the age of 4, as well as a 36-bedroom on site hotel. The company owns the freehold to the 230-acre site and in 2012 entered into a Joint Venture agreement with David Wilson Homes to undertake a major redevelopment of the racecourse which included the development and sale of approx. 1,500 housing units, which is now substantially complete. As a result, the company owns the freehold to thirteen apartment blocks around the racecourse containing 618 units. For the 2023 financial year disclosed accounts, the company reported turnover of £18.9m and a Profit Before Tax of £0.7m. The Company is debt free and has net assets of £46.7m.