UK racecourse owner and operator Arena Racing Company (ARC) has further enhanced its portfolio by acquiring Wales’ Ffos Las Racecourse.
The Carmarthenshire course opened in 2009 and was, at the time, the first new racecourse in Britain in over 80 years.
The ARC had previously been engaged in a management contract with Ffos Las, but it has now fully brought the facility into its roster, which includes 15 other racecourses.
ARC chief executive Martin Cruddace said: “As racecourses face escalating costs, together with uncertainty in retail media rights, we believe scale is now more important than ever. Equally, we will continue to closely consult with horsemen to make sure our expanding business continues to increase the value of the stakeholder experience.”
Ffos Las will host a total of 19 fixtures in 2018, but honorary chairman Dai Walters said it has proved increasingly difficult to fill its calendar.
He said: “The acquisition by ARC will allow Ffos Las to expand through utilising the knowledge and expertise gained from its other racecourses. They will be able to draw on other fixtures which have always been an issue for us, and provide more non-racing opportunities, through staging large music concerts.”
Walters added to the Racing Post website: “We've had it for 10 years, but ARC is able to get better fixtures than we did because it can swap them around. We couldn't get the days and we had only 18 or 20 fixtures, and that was not really economical to keep all the staff there for one track.”