The Jockey Club has announced a landmark £100 million investment deal with Levy, the sport division of Compass Group, in a strategic move aimed at transforming the spectator experience at key UK racecourses. This 20-year partnership will focus on significant upgrades, particularly at the prestigious Cheltenham Festival and Epsom Derby venues.
Major Upgrades Planned for Premier Events
Central to the agreement is an ambitious five-year plan that includes the introduction of rooftop hospitality at Cheltenham racecourse, pending planning approval. This initiative is designed to elevate the racegoer experience with premium offerings. Additionally, the plan features a new weighing room in Gloucestershire and a multi-million-pound transformation of The Derby at Epsom Downs, aimed at restoring its reputation as a world-class event of international importance.
Investment in Core Festival Courses
Jockey Club chief Jim Mullen emphasized the significance of this deal, stating, "This is an important moment for racing and The Jockey Club. We have agreed a long-term opportunity with a proven worldwide operator to help us improve our customer experience and grow our ability to invest in the sport." The investment will prioritize core festival courses, including Cheltenham, Aintree, and Epsom Downs, which host the organization's biggest events. By enhancing these venues, the Jockey Club aims to boost customer satisfaction and generate returns for reinvestment across the business.
Mullen added, "We have earmarked a significant proportion of our investment for projects put forward by these courses." Beyond physical upgrades, the plan includes digitalizing ticketing systems and improving owners' and trainers' facilities at Aintree Racecourse, reflecting a comprehensive approach to modernization.
Context and Challenges in Horse Racing
This investment comes at a critical time for horse racing, which faces challenges such as impending changes to betting duties that could impact the sport's financial landscape. Despite these hurdles, the Cheltenham Festival recently reported increased attendances compared to 2025 figures, indicating resilient public interest. The Jockey Club, which operates 15 courses across the UK, including Aintree, Cheltenham, and Epsom, views this deal as a proactive step to secure the future of racing by enhancing premier events and driving long-term growth.
