UK Government to transfer ownership of the National Stud to the Jockey Club
Situated at Newmarket, it has been operating at a loss for the last six years. As part of the transfer, the Jockey Club, who already own the freehold of the site, will guarantee to continue to offer training in stud management at the site for a minimum period of five years. It is estimated that the cost to the public purse of funding this training over five years would have exceeded the value of the assets to be transferred to the Jockey Club.
Regarding this issue, Minister for Sport Gerry Sutcliffe said: “I am pleased that the Jockey Club has agreed to take on ownership of the National Stud. This means first class training in stud management will continue and, importantly, that the facility will be managed by an organisation dedicated to the improvement of horseracing.”
“This move is also part of our wider policy of ending our direct involvement in the administration and financing of horseracing,” Sutcliffe added.
A Departmental Minute has been laid in the Commons today notifying Parliament of the proposal.
Wazdan earns triple nominations at AffPapa iGaming Awards 2026 for excellence in slots and branding
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
MGM Resorts posts record first-quarter revenue as profit slips on weaker margins
Sportsbook integration: Deploying betting widgets at scale
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Flows secures Pennsylvania Gaming Control Board authorisation
Racing and Sports partners with Altenar to enhance global racing offering
Wazdan earns triple nominations at AffPapa iGaming Awards 2026 for excellence in slots and branding
