It was announced today that Andrew Merriam is to be the new Chairman of Jockey Club Estates, the Jockey Club’s property and land management company. He takes on the role from Julian Richmond-Watson, who will continue as Senior Steward of the Jockey Club. The appointment, which takes place with immediate effect, was confirmed at last week’s Annual General Meeting held before the Members of the Jockey Club.
Andrew Merriam, who was elected to the Jockey Club in 1997, joined the Board of Jockey Club Estates in July 2005. Andrew’s other racing appointments include being a Director of the Horseracing Regulatory Authority and the Jockey Club’s representative on the Point to Point Committee. He was previously Chairman of the Disciplinary Panel and Disciplinary Steward of the Jockey Club. Based in Suffolk, he is Chairman of his family’s builders’ merchants company and is a director of various other companies including Fakenham Racecourse.
Andrew Merriam said: "First of all, I would like to pay tribute to my predecessor, Julian Richmond-Watson. During his chairmanship, Jockey Club Estates faced some challenging times but under his guidance, and thanks to the hard work of William Gittus, the Managing Director, and his staff, the company has made significant progress in a range of areas."
"The last two years has seen Jockey Club Estates expand it’s horizons beyond those of Newmarket by purchasing property and training grounds in Lambourn. Our investment there is already proving to be beneficial for both the racing community and the company. The proposal to build some ‘starter yards’ in Lambourn is very exciting and we are currently awaiting the outcome to our planning application.
"We continue to invest heavily in the training grounds in Newmarket, where there are currently around 2,500 horses in training. In addition plans are progressing for the development of property on our estate in Newmarket which would see the provision of new housing for people employed in the racing and breeding industries.
"Finally, the Jockey Club Rooms are also enjoying increased patronage and use, not only from the Members but from corporate and private clients as well.
"I am looking forward to working with William and his team as the company, together with the Jockey Club, enters what will undoubtedly be an interesting and exciting period in the Club’s history."
Notes for Editors:
Jockey Club Estates is the Jockey Club's property and land management company. It is responsible for the management and administration of 4500 acres of land at Newmarket and 550 acres of land at Lambourn.
The property portfolio of Jockey Club Estates includes 90 residential and commercial properties, two studs, twelve leasehold training yards and the Jockey Club Rooms. Freehold property also includes the Rowley Mile and July Racecourses, the National Stud, the National Horseracing Museum, the Links Golf Course and farmland.
In addition to the Members of the Jockey Club, who number around 140, there are over 500 Members of the Rooms who have access to the accommodation and dining options available at the Rooms.
Jockey Club Estates is owned by the Members of the Jockey Club and the profits generated by the company are reinvested into improving and developing facilities under its management.