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Board Meeting Summary

Meeting Date: Tuesday 7th March 2023

 

ECONOMIC IMPACT STUDY OF BRITAIN'S THOROUGHBRED BREEDING INDUSTRY

The Board received a presentation on the Economic Impact Study of Britain’s Thoroughbred Breeding Industry report 2023, which HBLB had contributed to funding.

WEIGHING ROOM LOANS UPDATE

The Board noted that HBLB was awaiting applications for Weighing Room loans and confirmed that the Racing Foundation would provide part of the funding for the loans.

VETERINARY SCIENCE AND EDUCATION: PROPOSALS

The Board approved funding for Veterinary Science and Education proposals.

NON-FIXTURE GRANTS APPLICATIONS 2023/24

The Board considered a number of formal applications from various organisations for Non-Fixture Grant applications and made recommendations for funding accordingly.

TRANSPARENCY OF HBLB PRIZE MONEY CONTRIBUTIONS

The Board agreed that in the interests of transparency, HBLB Prize Money contributions should be published on the HBLB website in a timely manner. Race-by-Race Prize Money Contributions Published by HBLB

MANAGEMENT ACCOUNTS TO 31 JANUARY 2023

The Board approved the management accounts to 31 January 2023.

CAPITAL CREDIT APPLICATION: KELSO

The Board approved a Capital Credit grant to Kelso racecourse towards the cost of a feasibility study for the new Weighing Room/Owners’ Hospitality Complex.