The mission of The Jockey Club is to act for the long term good of British racing in everything we do. Under its Royal Charter, The Jockey Club has no shareholders and does not pay dividends, re-investing all its profits back into horseracing.
Our vision is for a thriving British horseracing industry for all. We are focused on achieving this by delivering against our strategic pillars: empowering our people; investing in the racing industry; engaging our fans and attracting new audiences; and creating a sustainable future.
Our mission, vision and strategy are underpinned by our values. The smallest actions and decisions we make every day that decide what kind of business we are. How we work with each other, how we bring pride to our work, how we welcome people in – everyday.
One Team Together we help each other to thrive.
Passion and Pride
We are passionate about what we do and innovate with confidence, respecting our heritage and legacy.
Participation and Inclusion
We enhance experiences and aim to build strong relationships with each other and every one of our communities.
The Jockey Club Group is made up of the following businesses:
- Jockey Club Racecourses (JCR): with 15 racecourses, the largest racecourse group in Britain
- Jockey Club Estates (JCE): managing c 5,000 acres of land, primarily the training grounds at Newmarket, Lambourn and Epsom as well as a property portfolio and the Jockey Club Rooms.
- The National Stud (TNS): The Jockey Club’s breeding and education arm, standing stallions, providing quality training courses for stud staff and tours for the general public.
- Racing Welfare: the charitable wing of the Jockey Club, supporting the workforce of British horseracing and their dependants.
Jockey Club Estates, The National Stud, and Racing Welfare each have their own Board and governance structure, the terms of which are contained under separate cover.
The Jockey Club Group directly employs around 650 permanent colleagues across these four businesses.
Overall authority for all parts of the Jockey Club rests with the Board of Stewards, chaired by the Senior Steward. The Stewards are each appointed on a 3-year term, by the Ordinary Members of the Jockey Club.
Ordinary Members of The Jockey Club are appointed on account of their contribution to horseracing, alongside a commitment to help The Jockey Club to achieve its vision.
The Board of Stewards has agreed a delegation of authority for the operation of The Jockey Club Group to the Executive Board, including which decisions need to be formally approved by the Stewards once recommended by the Executive Board.
The Executive Board for the Jockey Club Group is made up of:
- Group Chief Executive Officer (CEO) Nevin Truesdale
- Group Racing Director, Richard Norris
- Managing Director, JCR East Amy Starkey
- Managing Director, JCR West Ian Renton
- Chief People Officer (CPO) Helene Sharrock
- Chief Financial Officer (CFO) Stuart Clark
- Chief Commercial Officer (CCO) Charlie Boss
- Chief Marketing Officer (CMO) Olaf Gueldner
- Chief Corporate Affairs Officer (CCAO) Scott Bowers
The Executive Board meet once a month and are accountable for the day to day running of The Jockey Club Group and all decision making contained therein.
The Managing Director for JCE, and Chief Executive Officers for The National Stud and Racing Welfare report to the Group CEO, with governance and support from their own Boards (and in the case of Racing Welfare, Trustees) (as referenced in point 2 above).
Jockey Club Racecourses operate in a matrix structure. The courses (see further details under point 5 below) operate in a bi regional structure, supported by the central functions of Commercial (incl Sales and Partnerships), Marketing, Communications, Finance, People and Culture, Information Systems, Group Property, and Health and Safety.
British horseracing can be broadly thought of as a three-way joint venture between the British Horseracing Authority (the BHA), the racecourses, via the Racecourse Association (RCA, and the Horsemen’s Group (HG), which represents the interests of Owners, Trainers, Jockeys, Stable Staff and Breeders, as above.
The Jockey Club (Racecourses) is represented formally in this structure via the RCA, where it has a seat on the Board and around 23% of the overall members vote.
The central marketing and promotion of the sport is carried out by Great British Racing, under the governance of Racing Enterprises Ltd (REL), which is a 50/50 JV between the RCA and the HG. JCR provides one of the RCA representatives to the REL Board.
The Jockey Club owns 50% of RMG, which includes the Racing TV channel, and controls all media and data deals with bookmakers, both for shops and streaming, international business and the terrestrial TV contract with ITV.