The Jockey Club, the British horseracing commercial group, has posted record financial figures for 2016.
The club generated a profit of £22.6m (€27m/$29m) on turnover of £191.5m – the eighth successive year of revenue growth, according to multiple reports.
“It is fantastic to stage events that see the best horses and the experiences we offer bringing enjoyment to so many millions of people each year,” chief executive Simon Bazalgette said. “That helped make 2016 a good year financially, and meant we were able to support our sport even more than the year before.”
The club, which was founded in 1750 and operates 15 of Britain’s biggest racecourses, invested a record £20.8m back into racing through prize money with total prize money being £43.6m.
Attendance at the club’s racecourses reached 1.92 million over 333 race days.
The club also operates a number of other divisions, including the National Stud, Jockey Club Estates, Jockey Club Catering, Jockey Club Live and the Racing Welfare charity.