The Jockey Club, the UK’s largest commercial horse racing organization, is embarking on a significant modernization project across its 15 racecourses following a substantial £100 million investment from Levy, the sports and entertainment division of Compass Group UK and Ireland. This investment, part of a new 20-year partnership, builds upon a 15-year existing relationship and will observe the joint venture, previously known as Jockey Club Catering, rebranded as Jockey Club Experiences.
The funding injection is expected to unlock significant capital for improvements aimed at enhancing the customer experience and bolstering investment in the sport of horse racing. The Jockey Club’s group chief executive, Jim Mullen, emphasized the importance of this development, stating the organization’s commitment to growth and improvement. This investment comes as the organization looks to modernize its facilities and attract a wider audience to the sport.
Upgrades at the Cheltenham racecourse will include rooftop hospitality for racegoers, subject to planning approval. (Alan Crowhurst/Getty Images)
Major Upgrades Planned Across Key Racecourses
A five-year project is underway to revamp the Cheltenham Weighing Room, creating modern facilities for participants and, pending planning approval, adding rooftop hospitality for racegoers. Alongside this, The Jockey Club will implement a new digital-based ticketing system across all 15 of its racecourses, including prominent venues like Cheltenham, Aintree, and Epsom Downs. This digital transition is expected to be completed within the next 12 to 18 months and will improve efficiency and customer data management, according to Mullen.
The investment will be heavily focused on the organization’s core festival courses. “We will also invest further into our core festival courses, Cheltenham, Aintree, and Epsom Downs,” Mullen explained. “These venues host our biggest events, and by investing in them, People can improve the experience of the customer and drive returns that can be invested in other parts of the business.” A significant portion of the funds will be allocated to projects proposed by these courses.
Epsom Derby and Aintree Grand National to Receive Significant Attention
The Epsom Derby is set for a major transformation, with plans to restore its reputation as a premier racing event and enhance the overall customer experience. This includes a revamp of the main entrance, upgrades to the Duchess Stand, and a full refurbishment of the Queen Elizabeth II Stand. The investment aims to elevate the Derby’s status as an internationally significant race.
At Aintree, home of the iconic Grand National, upgrades will focus on creating new facilities and enclosures within the course’s center, alongside broader infrastructure improvements. These enhancements are designed to improve the experience for racegoers during the world-famous steeplechase.
New Responsibilities for Jockey Club Experiences
The rebranding of Jockey Club Catering to Jockey Club Experiences signifies a shift in responsibilities. The new entity will oversee hospitality packages, conferencing, events outside of racedays, and retail merchandising, in addition to continuing its role as the food and beverage partner across all retail and hospitality outlets. This expanded scope reflects The Jockey Club’s ambition to diversify its revenue streams and enhance its overall customer offering.
Mullen highlighted the importance of the partnership with Levy and Compass, stating, “Levy and Compass have the experience of operating world-class sporting venues, which, allied to our expertise and experience in racing, means they can play a significant role in helping racing and us grow.”
The £100 million investment represents a pivotal moment for The Jockey Club and the wider horse racing industry, promising significant improvements to facilities and the overall spectator experience. As the modernization projects progress, stakeholders will be closely watching the impact on attendance, revenue, and the sport’s continued growth.
What comes next will be the detailed planning and execution of these ambitious projects, with the first visible changes expected to emerge within the next 12 to 18 months. The success of this investment will be measured not only by the physical improvements to the racecourses but also by the enhanced experience for racegoers and the long-term sustainability of the sport. Share your thoughts on these exciting developments in the comments below.